Strengthening the Automotive Sales Business through the Acquisition and Consolidation of 北見三菱自動車販売
First written in FY2020-Q1. 2 of 3 entries say "Cited as achieved", first in FY2020-Q2. Latest entry: FY2020-Q3.
0 other companies' latest entry also says "Cited as achieved".
- FY2020-Q3Cited as achievedAnnual report
「For the cumulative third-quarter period, revenue exceeded the year-earlier level as the results of 北見三菱自動車販売株式会社 were reflected in the consolidated results from the first quarter and those of the Gulliver FC used-car purchase and sales business were reflected from the third quarter, but the operating loss widened.」
The acquisition and consolidation of 北見三菱自動車販売 is cited again as a completed measure, explaining that the company's operating results were reflected in the automobile-related business for the quarter. - FY2020-Q2Cited as achievedAnnual report
「Although some rush demand was seen ahead of the consumption tax increase, the overall situation was difficult, with new-vehicle unit sales remaining sluggish. However, revenue and operating profit exceeded the same period of the previous year because the operating results of Kitami Mitsubishi Motor Sales Co., Ltd. were reflected from the first quarter of the current fiscal year.」
On the basis that the acquisition and consolidation were completed in June 2019, this describes the contribution of 北見三菱自動車販売's operating results to revenue and profit growth in the automobile-related business. - FY2020-Q1AchievedAnnual report
「During the first quarter of the current consolidated fiscal year, the company acquired all shares of 北見三菱自動車販売株式会社 and made it a consolidated subsidiary. Business combination date: 3 June 2019; voting rights acquired: 100%; consideration for acquisition: ¥90 million in cash; acquisition cost: ¥90 million.」
On 3 June 2019, the company acquired all shares of 北見三菱自動車販売 and consolidated it as a wholly owned subsidiary. This describes the completion of the acquisition and a concrete milestone in strengthening the automobile sales business.