Acquisition of a Bridge and Construction Design Company
First written in FY2018-Q2. 1 of 3 entries say "Achieved", first in FY2018-Q3. Latest entry: FY2019-Q3.
No other company in this theme has enough history to compare yet.
- FY2019-Q3Additional disclosure of goodwill recognized in connection with the acquisitionAnnual report
「In the real estate business, Subaru Kogyo Co., Ltd., a consolidated subsidiary, acquired all shares of I.S.S. Group Honsha Co., Ltd. (hereinafter, the “company”). Accordingly, the company and its subsidiaries I.S.S. Co., Ltd. and I.S.S. R's Co., Ltd. have been included in the scope of consolidation from the third quarter of the current fiscal year. The increase in goodwill resulting from this transaction was ¥738 million for the nine months ended the third quarter of the current fiscal year.」
For the completed acquisition of I.S.S. Group Honsha, the inclusion of the company in the scope of consolidation and the ¥738 million increase in goodwill were disclosed. - FY2018-Q3AchievedAnnual report
「Subaru Kogyo acquired the shares on 1 August 2017.」
Following the execution of the share transfer agreement disclosed in the second quarter, the acquisition of the shares of I.S.S. Group Honsha and its consolidation as a subsidiary was completed. The voting rights ratio acquired was 100%, the acquisition cost was ¥1,125 million, and the company and its 2 subsidiaries were included in the scope of consolidation. - FY2018-Q2First statedAnnual report
「Subaru Kogyo Co., Ltd., a consolidated subsidiary, resolved at a meeting of its board of directors held on 27 July 2017 to acquire all shares of I.S.S. Group Honsha Co., Ltd. (head office: Meguro-ku, Tokyo) and make it a subsidiary, and entered into a share transfer agreement on 1 August 2017.」
Subaru Kogyo acquired all shares of I.S.S. Group Honsha, whose core businesses are bridge design and construction design, on 1 August 2017 and made it a subsidiary. The consideration for the acquisition was ¥1,125 million in cash, and the voting rights ratio was 100%.