Transfer of the Hard Disk Drive Sales Business and Selective Concentration of Management Resources
First written in FY2017. 2 of 5 entries say "Cited as achieved", first in FY2019-Q1. Latest entry: FY2019-Q2.
No other company in this theme has enough history to compare yet.
- FY2019-Q2Cited as achievedAnnual report
「However, net sales in this business declined as a result of the transfer of the hard disk drive sales business carried out in November 2017.」
The completed transfer of the hard disk drive sales business is cited, together with historical results, as a factor behind the decline in net sales in the Product Solutions Business. - FY2019-Q1Cited as achievedAnnual report
「Net sales declined as a result of the transfer of the hard disk drive sales business carried out in November 2017.」
The completed transfer of the hard disk drive sales business is cited, together with historical results, as a factor behind the decline in net sales in the Product Solutions Business. - FY2018-Q2AchievedAnnual report
「Based on the resolution of the Board of Directors held on 11 May 2017, the basic agreement executed on the same date and the business transfer agreement executed on 7 September 2017, the company transferred its hard disk drive sales business to Satori Electric Co., Ltd. on 1 November 2017.」
The transfer of the hard disk drive sales business was completed on 1 November 2017 following execution of the business transfer agreement. The company cited a stronger focus on selecting and concentrating management resources as the reason. - FY2018-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 11 May 2017, the company resolved to transfer its hard disk drive sales business to Satori Electric Co., Ltd. and entered into a basic agreement on the transfer on the same date. Discussions on executing the business transfer agreement were still ongoing as of the end of the current quarterly consolidated accounting period.」
The company has reconfirmed its policy of transferring the hard disk drive sales business, the Board of Directors' resolution and the basic agreement. As of the end of June, discussions on executing the business transfer agreement were still ongoing. - FY2017First statedAnnual report
「After considering the direction of the Group’s business and other factors, the Company resolved to transfer its hard disk drive sales business to Satori Electric Co., Ltd. to strengthen the selective concentration of management resources, and entered into a basic agreement on the transfer on the same day. The transfer is scheduled to take effect on 1 July 2017.」
The company has disclosed a plan to transfer its hard disk drive sales business on 1 July 2017, citing a focus on selecting and concentrating management resources. The business generated ¥4.476 billion in consolidated net sales.