Heavy Temporary Construction Business and New Company Establishment in China
First written in FY2020-Q3. 4 of 7 entries say "Restated". Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023RestatedAnnual report
「In addition, as its third overseas project, the company commenced a heavy temporary steel joint venture business in China in August 2020 using the steel earth-retaining construction method, and will continue to address funding needs for investment projects in Japan and overseas.」
The company reconfirms the heavy temporary steel joint venture business in China as an overseas project already in operation and continues to address funding for investment projects in Japan and overseas. - FY2022RestatedAnnual report
「In addition, as its third overseas project, the company commenced a heavy temporary steel joint venture business in China in August 2020 using the steel earth-retaining construction method, and will continue to address funding needs for investment projects in Japan and overseas.」
The company reconfirms the heavy temporary steel joint venture business in China as a project already in operation and continues to pursue its expansion and address funding needs for investment projects in Japan and overseas. - FY2021AdvancedAnnual report
「In August 2020, we subscribed to a third-party allocation of shares in the joint venture company Ruima Maruken (Anhui) Engineering Support Technology Co., Ltd., commenced the business, and will continue working to expand the heavy temporary steel business in China.」
Regarding the heavy temporary steel business in China, the subscription to a third-party allocation of shares in the joint venture company and commencement of operations have been completed, and the business has moved into the expansion stage. - FY2021-Q3RestatedAnnual report
「On 7 August 2020, the Company established 丸建投資合同会社 through a joint investment with 伊藤忠丸紅鉄鋼株式会社, holding a 60% equity interest, and made it a consolidated subsidiary. On 14 August of the same year, through that company, it subscribed to a third-party allotment by 瑞馬丸建(安徽)工程支護科技有限公司 that resulted in a 40% equity interest, making it an equity-method affiliate.」
Regarding the heavy temporary steel joint venture business in China, the company reconfirms the establishment of an investment management company and the subscription to a third-party allocation of shares in the target company. - FY2021-Q1RestatedAnnual report
「Overseas funding needs consist of additional purchases of heavy temporary works steel materials by タイ丸建㈱ and investment funds for the Chinese heavy temporary works joint venture, and the Company is preparing for these funding needs.」
The company continues to identify funding for investment in the heavy temporary steel joint venture business in China as a funding need. It does not indicate any new progress on completing the establishment of the new company or commencing operations. - FY2020AdvancedAnnual report
「From July 2020 onward, we plan to subscribe to a third-party allocation of shares in the joint venture company Ruima Maruken (Anhui) Engineering Support Technology Co., Ltd. and commence the business.」
Regarding the heavy temporary steel joint venture business in China, the company has specified the subscription to a third-party allocation of shares and plans to commence operations from July 2020 onward. - FY2020-Q3First statedAnnual report
「In addition, with the aim of conducting a heavy temporary steel material business in China, the Company is proceeding with the establishment of a new company, 瑞馬丸建（安徽）工程支護科技有限公司, targeted for around March 2020.」
The company has for the first time described, as an independent theme, its progress toward establishing a new company for the heavy temporary steel business in China, targeted for around March 2020.