Rationalizing Management Through Absorption-Type Mergers of Subsidiaries
First written in FY2017-Q3. 1 of 3 entries say "Achieved", first in FY2017. Latest entry: FY2020.
- FY2020AdvancedAnnual report
「For the purpose of improving management efficiency, during November the Company conducted an absorption-type merger in which its consolidated subsidiary 京阪道路サービス㈱ was the surviving company and absorbed the business of its consolidated subsidiary ㈱関西トーハイ. As a result, the number of consolidated subsidiaries at the end of the current consolidated fiscal year was 11.」
Following the streamlining achieved through the absorption-type mergers of subsidiaries, the Company carried out an absorption-type merger of the Kansai Tohai business in November 2019, with Keihan Road Service as the surviving company, bringing the number of consolidated subsidiaries to 11. - FY2017AchievedAnnual report
「For the purpose of improving management efficiency, the Company conducted an absorption-type merger with its consolidated subsidiary スバル・ソーラーワークス株式会社 in October during the period and placed the solar power generation-related business under the jurisdiction of the Kansai Branch.」
The note records that スバル・ソーラーワークス株式会社 was absorbed for the purpose of improving management efficiency and that responsibility for the business was also changed. - FY2017-Q3First statedAnnual report
「For the purpose of rationalizing management, the Company conducted an absorption-type merger, effective 1 October 2016, with its consolidated subsidiary スバル・ソーラーワークス株式会社.」
The note first records that an absorption-type merger with a consolidated subsidiary was conducted on 1 October 2016 for the purpose of rationalizing management.