Acquisition of Shares in 株式会社サンウッド and Application of the Equity Method
First written in FY2022-Q3. 4 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2025.
0 other companies' latest entry also says "Achieved".
- FY2025AchievedAnnual report
「㈱サンウッド, Minato-ku, Tokyo, 1,587, Real estate, —, 100.0, 100.0. The company jointly operates a condominium development business.」
サンウッド progressed from being an equity-method affiliate in the previous fiscal year to being a wholly owned subsidiary, with the voting-rights ownership ratio reaching 100.0% as of the end of March 2025. - FY2024-Q3AdvancedAnnual report
「At a meeting of its Board of Directors held on 6 November 2023, the company resolved to acquire, through a tender offer, the common shares, Series 1 Stock Acquisition Rights and Series 2 Stock Acquisition Rights of 株式会社サンウッド, and conducted the tender offer from 7 November to 19 December 2023. As a result, the company became a consolidated subsidiary of the company effective 26 December 2023.」
The tender offer for サンウッド was completed, and it became a consolidated subsidiary effective 26 December 2023. Following the additional acquisition, the voting-rights ownership ratio was 88.34%, and the company did not become a wholly owned subsidiary. - FY2024-Q2AdvancedAnnual report
「At a meeting of its Board of Directors held on 6 November 2023, the company resolved to conduct a tender offer as part of a transaction aimed at acquiring all of the common shares of 株式会社サンウッド, an equity-method affiliate of the company, except for the shares owned by the company and treasury shares held by the target, as well as all of its stock acquisition rights, and making the target a wholly owned subsidiary of the company.」
The Board of Directors resolved to conduct a tender offer aimed at making サンウッド, an equity-method affiliate, a wholly owned subsidiary. The tender offer price was ¥1,250 per common share, and the tender offer period was from 7 November to 19 December 2023. - FY2023AdvancedAnnual report
「The company commenced construction of a newly built condominium in the “(tentative name) Hamadayama 3-chome Project,” which it is advancing jointly with （株）サンウッド.」
The capital and business alliance and joint project with サンウッド progressed to the start of construction of a jointly developed newly built condominium. - FY2022AdvancedAnnual report
「To expand its real estate business, the company entered into a capital and business alliance agreement with （株）サンウッド, which specializes in newly built condominiums for affluent customers in central Tokyo, and made it an affiliate.」
With respect to サンウッド, the company progressed from acquiring shares and applying the equity method to entering into a capital and business alliance agreement to use the relationship to expand its real estate business. - FY2022-Q3First statedAnnual report
「From the third-quarter consolidated accounting period, the newly acquired 株式会社サンウッド was included within the scope of entities accounted for under the equity method.」
The company disclosed for the first time that 株式会社サンウッド, whose shares it acquired, had been added to the entities accounted for under the equity method from the third-quarter consolidated accounting period.