Wilson Learning Worldwide (9610) · InitiativeCited as achieved
Streamlining operations through the merger of 2 US subsidiaries
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2021. Latest entry: FY2022-Q3.
2entries
2years
0from disclosures
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Centralization and greater efficiency in group management through the merger and integration of subsidiariesA theme 272 companies write about · 1 as a headwind · 287 as a tailwind
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Showing 14 of the 184 companies compared. The sentences above are computed from all 184.Comparing 200 of the theme's 295 threads.Full recordFilings, disclosures and news, newest first
- FY2022-Q3Cited as achievedAnnual report
「During the first quarter of the consolidated accounting period, Wilson Learning Worldwide Inc. (US), our wholly owned subsidiary, was dissolved through an absorption-type merger effective 1 April 2021, with Wilson Learning Corporation (US), also our wholly owned subsidiary, as the surviving company, and was therefore excluded from the scope of consolidation.」
The company reiterated the absorption-type merger of the 2 US subsidiaries completed on 1 April 2021 and the exclusion of the merged company from the scope of consolidation. - FY2021AchievedAnnual report
「At a meeting of our board of directors held on 24 February 2021, we resolved that Wilson Learning Corporation, our wholly owned subsidiary, would absorb and merge with Wilson Learning Worldwide Inc., also our wholly owned subsidiary, and the merger was completed on 1 April 2021.」
The company resolved to carry out the absorption-type merger of its US operating company and its subsidiary responsible for global product development and marketing, and completed the merger on 1 April 2021. The purpose was to reduce costs and improve efficiency by streamlining operations.