Strengthening the Renovation Business through the Full Acquisition of Nakayama
First written in FY2018-Q2. 2 of 4 entries say "Advanced", first in FY2018. Latest entry: FY2019-Q1.
No other company in this theme has enough history to compare yet.
- FY2019-Q1AdvancedAnnual report
「As a result of the absorption-type merger of 株式会社ナカヤマ effective 1 April 2018, the company established an operating structure capable of handling large-scale renovations, including exterior walls, roofs and painting, in addition to the previously core bathroom, kitchen and other plumbing-related renovations, and strengthened its product lineup and sales capabilities.」
The absorption-type merger with Nakayama was completed, and the company established an operating structure capable of handling large-scale renovations, including exterior walls, roofs and painting, in addition to renovations focused on bathrooms, kitchens and other plumbing-related areas. - FY2018AdvancedAnnual report
「At a meeting of the Board of Directors held on 25 February 2018, the Company resolved to absorb 株式会社ナカヤマ, a consolidated subsidiary, and completed the absorption-type merger effective 1 April 2018.」
Following Nakayama's conversion into a wholly owned subsidiary, the company carried out an absorption-type merger effective 1 April 2018 and moved into the integration and infrastructure integration phase. - FY2018-Q3AchievedAnnual report
「This resulted from the acquisition of 100% of the voting rights in cash and the conversion of the company into a wholly owned subsidiary.」
The acquisition of all shares in ナカヤマ and its conversion into a wholly owned subsidiary were completed on 30 November 2017. The effects of cooperation in the housing and renovation fields remained to be realized in future developments. - FY2018-Q2First statedAnnual report
「The Company acquired all issued shares of ナカヤマ to further strengthen the alliance, with the aim of developing the businesses of both companies and enhancing profitability.」
At a meeting of the Board of Directors held on 8 November 2017, the Company resolved to acquire all shares of ナカヤマ and make it a subsidiary. In the smart house and renovation businesses, the companies will advance cooperation in product development, the adoption of building materials and equipment, the use of CG and CAD, renovation loans, logistics, joint promotions and the development of new business formats. The voting rights ratio to be acquired was set at 100%.