Acquisition of All Shares in 株式会社木戸ボルト and Its Addition as a Subsidiary
First written in FY2020-Q3. 1 of 3 entries say "Achieved", first in FY2020. Latest entry: FY2021-Q1.
22 other companies' latest entry also says "Advanced".
- FY2021-Q1AdvancedAnnual report
「Although orders from major customers declined, sales from other capital investment projects and a subsidiary that became consolidated in September last year progressed smoothly, resulting in revenue of ¥232 million, up 20.3% year on year.」
It was stated that, after the conversion of Kido Bolt Co., Ltd. into a consolidated subsidiary, including its acquisition, the subsidiary's sales progressed steadily and contributed to revenue growth in the factory equipment-related business. - FY2020AchievedAnnual report
「Kido Bolt Co., Ltd. has been included in the scope of consolidation for the current consolidated fiscal year, ending October 2019, following the acquisition of all its shares by Hokuto Denki Kogyo Co., Ltd.」
The acquisition of all shares of Kido Bolt Co., Ltd. by Hokuto Denki Kogyo Co., Ltd. and its conversion into a subsidiary were reflected in the full-year scope of consolidation. - FY2020-Q3First statedAnnual report
「Hokuto Denki Kogyo Co., Ltd., a consolidated subsidiary of the Company, acquired all shares of Kido Bolt Co., Ltd. and converted it into a subsidiary on 10 September 2019. As a result, Kido Bolt has been included in the scope of consolidation from the end of the third quarter of the current consolidated fiscal year. 31 October 2019 was designated as the deemed acquisition date, and only the balance sheet was consolidated for the third quarter.」
Hokuto Denki Kogyo Co., Ltd. acquired all shares of Kido Bolt Co., Ltd. and converted it into a subsidiary on 10 September 2019. With 31 October 2019 as the deemed acquisition date, only the balance sheet was consolidated for the third quarter. Goodwill of ¥22.842 million arising from the acquisition was recorded, bringing the number of consolidated subsidiaries to 9.