Nippon Express Holdings (9147) · InitiativeRestated
Spin-off of the Security Transportation Business
First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022.
2entries
2years
0from disclosures
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Strengthening the Business Through the Spin-Off of the Security Transport BusinessA theme 2 companies write about · 0 as a headwind · 2 as a tailwind
0 other companies' latest entry also says "Restated".
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Full recordFilings, disclosures and news, newest first
- FY2022RestatedAnnual report
「Under the “Strengthening the Japan Business Strategy,” we are strengthening the security transportation business through its separation into a standalone company, with the aim of further improving the profitability of Japan’s domestic logistics business, the core of the NX Group, and strengthening the management base.」
The separation of the security transportation business was reaffirmed as a measure to strengthen the Japan business and the business itself. - FY2022-Q1First statedAnnual report
「The rights and obligations relating to the security transportation business will be transferred to NX Cash Logistics Co., Ltd., our wholly owned subsidiary, through an absorption-type company split, with 1 January 2023 as the expected effective date.」
An agreement was executed to transfer the security transportation business to a wholly owned subsidiary through a company split.