Participation as a Business Revitalization Sponsor through an Absorption-Type Company Split of the トヨシマ Business
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2019.
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- FY2019RestatedAnnual report
「On 1 August 2018, we succeeded to the business of 株式会社トヨシマ through an absorption-type company split.」
The annual report reaffirms the succession to the Toyoshima business through an absorption-type company split and the addition of its 2 subsidiaries to the scope of consolidation. - FY2019-Q3RestatedAnnual report
「From the second quarter of the consolidated fiscal year, following the succession to the business of 株式会社トヨシマ, whose corporate name was changed to 株式会社ＴＳ商事 on 1 August 2018, its subsidiaries TOYOSHIMA INDIANA,INC. and 蘇州豊島機械配件有限公司 were included in the scope of consolidation.」
It reaffirms the succession to the Toyoshima business through an absorption-type company split and the addition of its 2 subsidiaries to the scope of consolidation. - FY2019-Q2RestatedAnnual report
「Following the succession to the business of 株式会社トヨシマ, whose corporate name was changed to 株式会社ＴＳ商事 on 1 August 2018, its subsidiaries TOYOSHIMA INDIANA,INC. and 蘇州豊島機械配件有限公司 were included in the scope of consolidation.」
It reaffirms the succession to the Toyoshima business through an absorption-type company split and the addition of its 2 subsidiaries to the scope of consolidation. - FY2019-Q1AchievedAnnual report
「Under this agreement, we entered into an absorption-type company split agreement with 株式会社トヨシマ on 18 May 2018 and carried out the absorption-type company split on 1 August 2018.」
It states that, following the establishment of トヨシマ分割準備株式会社 and the execution of the absorption-type company split agreement, the absorption-type company split was carried out on 1 August 2018. Cash of ¥2,622 million was paid as consideration for the transfer of the shares. - FY2018First statedAnnual report
「By participating as the business revitalization sponsor for 株式会社トヨシマ, we expect synergies with our machine tool sales business. In addition, its fork arm manufacturing business operates in a distinctive niche market with a high market share, and we believe it will contribute to future revenue growth.」
As Toyoshima's business revitalization sponsor, it presents a new business restructuring plan involving an absorption-type company split scheduled for 1 August 2018 and a cash payment of ¥2,622 million.