Tkc (9746) · InitiativeAchieved
Strengthening Information Provision and Publishing Activities by Making TKC出版 a Wholly Owned Subsidiary
First written in FY2019-Q3. 1 of 2 entries say "Achieved", first in FY2020. Latest entry: FY2020.
2entries
2years
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Strengthening information services and publishing functions for members through the acquisition of TKC出版 as a wholly owned subsidiaryA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2020AchievedAnnual report
「TKC Publishing Co., Ltd. made a wholly owned subsidiary」
The description was changed from the previous stage of entering into and planning the wholly owned subsidiary agreement to the historical fact that the acquisition was completed in September 2019. - FY2019-Q3First statedAnnual report
「By making TKC Publishing a wholly owned subsidiary, we expect to make a significant contribution to public relations and publishing activities for our customers by leveraging the editorial expertise TKC Publishing has developed and combining it with our business and initiatives.」
We entered into a share exchange agreement to make TKC Publishing a wholly owned subsidiary. The effective date was scheduled for 24 September 2019, and we planned to deliver 5 TKC common shares for each TKC Publishing common share, for a total of 57,150 shares. Through the acquisition, we stated that we would strengthen information services for TKC member accounting firms and client companies ahead of TKC's 50th anniversary.