Making 2 Companies Consolidated Subsidiaries and Transitioning to 2 Segments
First written in FY2021-Q2. 5 of 10 entries say "Reframed", first in FY2023. Latest entry: FY2026.
Charle moved to the "Worse" side of this theme in 2023, 2 years before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 8 of 37 companies on the "Worse" side.
12 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「For the purpose of improving operational efficiency and increasing corporate value, the Group carried out an absorption-type merger effective 1 February 2026, with 株式会社ＴＫＳ as the surviving company and 株式会社ＷＡＴＥＲ ＣＯＮＮＥＣＴ as the absorbed company.」
The fine-bubble business previously operated by the two companies was merged into TKS through an absorption-type merger, integrating operations within the Group. - 2026-06-01ReframedGeneral Meetings of Shareholders
「Effective 1 February 2026, the Company conducted an absorption-type merger under which 株式会社ＴＫＳ was the surviving company and 株式会社ＷＡＴＥＲ ＣＯＮＮＥＣＴ was the absorbed company.」
The company described a reorganization of the Group's structure through the absorption-type merger of TKS and WATER CONNECT. - FY2026-H1ReframedAnnual report
「During the current interim consolidated accounting period, the Group acquired shares in オンヨネ株式会社 and made it a consolidated subsidiary. Accordingly, the Group added the sportswear business as a new reportable segment from the current interim consolidated accounting period.」
The Group added the sportswear business to its previous 2-business, 2-segment structure and changed the existing segment names to the women's innerwear business and the fine-bubble business. It also added the real estate leasing business, which is not included in reportable segments, as Other. - FY2025ReframedAnnual report
「オンヨネ株式会社 plans, manufactures and sells various sportswear products, primarily snowwear, and possesses expertise in technology, product development and marketing cultivated in that field and in health-related fields. The Group believes that introducing new products in the health-related field through its channels, leveraging this expertise, will create synergies and expand Group earnings.」
The Group expanded from its previous 2-company, 2-segment structure by making オンヨネ株式会社 a subsidiary on 22 May 2025, creating a group structure that leverages expertise in sportswear and health-related fields. - FY2023ReframedAnnual report
「株式会社ＴＫＳ manufactures and sells ultra-fine bubble technology products, including showerheads, and water-related products. 株式会社ＷＡＴＥＲ ＣＯＮＮＥＣＴ sells showerheads and other water-related products through e-commerce sites and other channels.」
While continuing with the 2-company, 2-segment structure, the former 株式会社田中金属製作所 changed its trade name to 株式会社TKS, and the metal processing business was transferred to a newly established company through an incorporation-type company split. - FY2022RestatedAnnual report
「The Group consists of the Company (CHARLE CO.,LTD.) and 2 subsidiaries, and its principal businesses are as follows.」
The Group continues with 2 consolidated subsidiaries, including 田中金属製作所 and WATER CONNECT, and a 2-segment structure comprising the women's innerwear and other products sales business and the ultra-fine bubble technology products manufacturing and sales business. - FY2022-Q2RestatedAnnual report
「There were no material changes in the nature of the businesses conducted by the Group during the second quarter of the current fiscal year.」
The Group states that there have been no material changes to its two-business structure comprising the women's innerwear and other products sales business and the ultra-fine bubble technology products manufacturing and sales business. - FY2021RestatedAnnual report
「During the current consolidated fiscal year, the Group acquired all shares of 株式会社田中金属製作所 and 株式会社ＷＡＴＥＲ ＣＯＮＮＥＣＴ, which manufacture and sell showerheads and other products, and made them consolidated subsidiaries. As a result, the Group changed from its previous single segment to the following two segments.」
The annual report continues to confirm the acquisition of all shares of the two companies, their inclusion as consolidated subsidiaries and the change from one segment to two segments. - FY2021-Q3RestatedAnnual report
「There were no material changes to the nature of the businesses operated by the Group during the cumulative third quarter of the current consolidated fiscal year. In the second quarter of the consolidated fiscal year, the Group acquired all shares of 株式会社田中金属製作所 and 株式会社ＷＡＴＥＲ ＣＯＮＮＥＣＴ and included them in the scope of consolidation. The Group also changed its reportable segments from the previous single segment to two segments: the Group’s core women's innerwear and other products sales business, and the ultra-fine bubble technology products manufacturing and sales business comprising the two newly consolidated subsidiaries.」
The Group continued in the third quarter with the two consolidated subsidiaries acquired in the second quarter and the two-segment structure comprising the women's innerwear and other products sales business and the ultra-fine bubble technology products manufacturing and sales business. - FY2021-Q2First statedAnnual report
「During the second quarter of the consolidated fiscal year, the company acquired all shares of 株式会社田中金属製作所 and 株式会社ＷＡＴＥＲ ＣＯＮＮＥＣＴ and included them in the scope of consolidation. It also changed the Group's reporting segments from the former single segment to 2 segments: the Group's core ladies' innerwear and related products sales business, and the newly added business of manufacturing and selling ultrafine bubble technology products and related products operated by the 2 new consolidated subsidiaries.」
The Group changed from its previous single segment to two segments, the women's innerwear and other products sales business and the ultra-fine bubble technology products manufacturing and sales business. Because the difference from the deemed acquisition date was within 3 months, only the balance sheets were consolidated for the current quarter, and the acquired companies’ income and expenses were not included.