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MEITEC Group Holdings (9744) · InitiativeAdvanced

Business Streamlining Following a Review of Group Strategy

First written in FY2017-Q3. 2 of 4 entries say "Advanced", first in FY2018. Latest entry: FY2019.

4entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017-Q3 – FY2018-Q3AdvancedFY2018 – FY20192017: 120172018: 220182019: 12019
Same theme, other companies
Full withdrawal from China operations and reorganization of affiliated companiesA theme 8 companies write about · 5 as a headwind · 3 as a tailwind

1 other company's latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2019AdvancedAnnual report

    「明達科(上海)科技有限公司 and 明達科(上海)人才服務有限公司, which were consolidated subsidiaries in the previous consolidated fiscal year, were excluded from the scope of consolidation because their liquidation was completed during the current consolidated fiscal year.」

    The liquidation of 2 Chinese subsidiaries following the review of the Group strategy was completed during the current fiscal year.
  2. FY2018AdvancedAnnual report

    「株式会社all engineer.jp, which was a consolidated subsidiary in the previous consolidated fiscal year, was excluded from the scope of consolidation because it was absorbed in a merger by the company effective 1 April 2017. In addition, because 株式会社メイテックビジネスサービス was established as a special subsidiary on 11 September 2017, it has been included in the scope of consolidation from the current consolidated fiscal year.」

    In connection with the review of the Group strategy, the company completed the absorption merger of all engineer.jp and established a new special subsidiary, which it added to the scope of consolidation.
  3. FY2018-Q3RestatedAnnual report

    「On 26 December 2016, the company transferred all shares of アポロ技研, which had operated the former Engineering Solutions business, and excluded the company from the scope of consolidation.」

    The transfer of all shares of アポロ技研 and its exclusion from consolidation following the review of the Group strategy have been reconfirmed in the segment information. No new business reorganization is described.
  4. FY2017-Q3First statedAnnual report

    「As part of a review of the Group's strategy, 明達科 (Shanghai, China) discontinued the provision of new recruitment services from January onward. As part of a review of the Group's strategy, we transferred all shares of アポロ技研株式会社 held by the Company on 26 December 2016.」

    The company specified a review of its Group strategy and, as specific measures, ended its new staffing service in Shanghai, China, and transferred all shares of アポロ技研.
Moved together

"Expansion of Order Volumes, Business Scope and Sales Capabilities" moved the same way as this thread, in the same document, in 2 of its 4 moves.

22222★12345
  1. ★This thread
  2. 1Expansion of Order Volumes, Business Scope and Sales Capabilities2×
  3. 2Engineer Hiring and Headcount Expansion Built on the Brand2×
  4. 3Implementation of Dividend Increase and Share Repurchases2×
  5. 4Share buybacks using surplus funds exceeding three months’ worth of funds2×
  6. 5Enhancement and Development of Business Support Systems2×

★ 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
MEITEC Group Holdings's next results are scheduled for 2026-10-29. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Business Streamlining Following a Review of Group Strategy | MEITEC Group Holdings Inc. (9744) | Komori