Management integration of Takeei and River Holdings and establishment of a joint holding company
First written in FY2022-Q3. 1 of 4 entries say "Restated". Latest entry: FY2024-Q1.
No other company in this theme has enough history to compare yet.
- FY2024-Q1AchievedAnnual report
「The merger is intended to eliminate the dual structure, improve management efficiency and make effective use of management resources. リバーホールディングス also reorganized its operating companies through the absorption merger of 3 subsidiaries in July 2021 and 4 subsidiaries in July 2022, thereby fulfilling its role as a holding company. Through this merger, リバー aims to build a strong, integrated organizational structure and become a core company within the Group, a comprehensive environmental company.」
The absorption merger was completed on 1 April 2023, achieving the preliminary objective of eliminating the joint holding company's dual structure. The goal of making リバー a core company within the Group remains in place. - FY2023-Q2ReframedAnnual report
「Date of business combination 1 April 2023 (scheduled) With the Company launching as a joint holding company on 1 October 2021, the Company and リバーホールディングス had a dual holding-company structure. The merger is intended to eliminate this dual structure, improve management efficiency and make effective use of management resources.」
The integration policy originating with the establishment of the joint holding company moved to the organizational restructuring phase of a subsidiary merger to eliminate the dual structure. The merger was scheduled for 1 April 2023 and had not been completed as of the date of this filing. - FY2023-Q1RestatedAnnual report
「The Company was established on 1 October 2021 through the management integration of タケエイ and リバーホールディングス, with the aim of contributing to global environmental conservation by deepening the recycling business toward the realization of an advanced circular society, promoting the energy business toward a decarbonized society, developing new technologies and business models, and pursuing efficient and rapid business expansion.」
The Company was confirmed to be a joint holding company established through management integration, with the direction of business development originating from the integration also reaffirmed. - FY2022-Q3First statedAnnual report
「The Company was established on 1 October 2021 as the joint holding company of タケエイ and リバーホールディングス in connection with the management integration of the two companies.」
The establishment of the new company and the management integration are presented for the first time in this filing as the starting point for business operations and the growth strategy.