Strengthening the Heavy Machinery Engineering Business Foundation by Making 山九重機工 a Wholly Owned Subsidiary
First written in FY2016. 2 of 4 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2017.
0 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「This fiscal year was a major year for SDM (large-scale periodic maintenance work) at domestic oil and petrochemical facilities, resulting in increased maintenance work volume. In addition, earnings at 山九重機工, which became a wholly owned subsidiary at the end of the previous fiscal year, contributed to higher revenue and earnings for the Engineering and Plant Services business as a whole.」
The earnings contribution from 山九重機工, which became a wholly owned subsidiary, was also evident in full-year results, while the acquisition of the subsidiary itself had already been completed at the end of the previous fiscal year. - FY2017-Q2AdvancedAnnual report
「In addition to steady growth in orders for additional construction work, the increased workload at 山九重機工, which became a wholly owned subsidiary at the end of the previous fiscal year, contributed to earnings, resulting in higher revenue and earnings for the Engineering and Plant Services business as a whole.」
The workload at 山九重機工, which became a wholly owned subsidiary, increased, and its contribution to the Engineering and Plant Services business's earnings has continued. - FY2017-Q1AdvancedAnnual report
「In Equipment Maintenance, domestic SDM projects at oil and petrochemical facilities were in a major year. In addition to the increase in construction volume compared with the previous minor year, 山九重機工, which became a wholly owned subsidiary at the end of the previous fiscal year, contributed to earnings, resulting in higher revenue and earnings for the Engineering and Plant Services business as a whole.」
山九重機工, which became a wholly owned subsidiary at the end of the previous fiscal year, contributed to the Engineering and Plant Services business's earnings in the first quarter. - FY2016First statedAnnual report
「To strengthen the foundation of the 山九 Group's Heavy Cargo Handling business.」
Through a share exchange dated 1 March 2016, the voting rights ratio in 山九重機工 was raised from 33% to 100%, making it a consolidated subsidiary.