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Ichinen Holdings (9619) · InitiativeAdvanced

Expansion of the Machine Tools Sales Business through the Absorption-Type Company Split of the Access Business

First written in FY2020-Q2. 4 of 7 entries say "Cited as achieved", first in FY2020. Latest entry: FY2022.

7entries
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How it moved
ProgressHeldSoftenedWorseCited as achievedFY2020 – FY2021-Q32019: 120192020: 420202021: 120212022: 12022
Same theme, other companies
Expansion of the machine tools sales business through business succession to アクセスA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2022AdvancedAnnual report

    「The company’s wholly owned subsidiaries 株式会社イチネンMTM and 株式会社アクセス carried out a company split effective 1 April 2022, under which 株式会社イチネンMTM was the splitting company and 株式会社アクセス was the succeeding company.」

    In the machine tools sales business, a company split from イチネンMTM to Access was carried out effective 1 April 2022, and management efficiency improvements through business reorganization are under way.
  2. FY2021-Q3Cited as achievedAnnual report

    「In addition, 株式会社アクセス, which became a consolidated subsidiary in the previous fiscal year, contributed to higher sales.」

    The company stated that the consolidation of the Access business following the absorption-type company split continued to contribute to increased sales in the machine tools sales business.
  3. FY2021-Q2Cited as achievedAnnual report

    「In addition, 株式会社アクセス, which became a consolidated subsidiary in the previous fiscal year, contributed to higher sales.」

    The company stated that the consolidation of the Access business following the absorption-type company split continued to contribute to increased sales in the machine tools sales business.
  4. FY2021-Q1Cited as achievedAnnual report

    「In addition, 株式会社アクセス, which became a consolidated subsidiary in the previous fiscal year, contributed to higher sales.」

    The company reconfirmed that the consolidation of the Access business following the absorption-type company split contributed to increased sales in the machine tools sales business.
  5. FY2020Cited as achievedAnnual report

    「株式会社トヨシマ, which became a consolidated subsidiary in the previous consolidated fiscal year, and 株式会社アクセス, which became a consolidated subsidiary in the current consolidated fiscal year, also contributed to the increase in net sales.」

    The company disclosed that the consolidation of Access and the contribution from イチネンMTM after the succession of the Toyoshima business increased net sales in the machine tools sales business.
  6. FY2020-Q3AchievedAnnual report

    「Business combination date: 11 November 2019 An absorption-type company split under which 株式会社アクセス was the splitting company and アクセス分割準備株式会社 (renamed 株式会社アクセス on 11 November 2019) was the succeeding company」

    The acquisition of the business of 株式会社アクセス through an absorption-type company split was completed on 11 November 2019 and accounted for at an acquisition cost of ¥2,306 million, including ¥129 million of goodwill.
  7. FY2020-Q2First statedAnnual report

    「Because the wholesale business in automotive parts and accessories operated by 株式会社アクセス has a high degree of compatibility with the machine tools sales business operated by the company, with significant synergies expected in both procurement and sales, the company believes that the transaction will enable further expansion of the scale and improvement of the profitability of the machine tools sales business.」

    The company first disclosed a plan to acquire, through an absorption-type company split, the wholesale business in automotive parts and accessories operated by 株式会社アクセス, with the aim of achieving procurement and sales synergies with the machine tools sales business, further expanding its scale, and improving profitability. The effective date was 11 November 2019, and the transaction had been completed as of the filing date.
Moved together

"Expansion in the Number of Parking Lots" moved the same way as this thread, in the same document, in 2 of its 7 moves.

222222★123456
  1. ★This thread
  2. 1Expansion in the Number of Parking Lots2×
  3. 2Revenue Growth, Higher Operating Profit and Decline in Profit Attributable to Owners of the Parent2×
  4. 3Entry into and Development of New Agricultural Businesses2×
  5. 4Aggressive M&A Focused on Scale Expansion2×
  6. 5Lease sales to regional markets and small and midsize businesses and deepening business with existing customers2×
  7. 6Organizational Restructuring of the Auto Leasing Business2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Ichinen Holdings's next results are scheduled for 2026-11-05. Read the earnings preview
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Expansion of the Machine Tools Sales Business through the Absorption-Type Company Split of the Access Business | ICHINEN HOLDINGS CO.,LTD. (9619) | Komori