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Nichiden (9902) · InitiativeDropped

Strengthening capabilities to address automation system projects and new business areas through making 大和理研 a wholly owned subsidiary

First written in FY2018-Q1. 3 of 5 entries say "Restated". Latest entry: FY2021-Q3.

5entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY2021-Q32017: 220172018: 220182019: 020192020: 020202021: 1
Same theme, other companies
Strengthening the ability to handle automation system projects through the acquisition of 大和理研A theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2021-Q3DroppedAnnual report

    「During the third quarter of the consolidated fiscal year, the Company sold all shares it held in 大和理研株式会社, which had been an unconsolidated subsidiary.」

    The Company sold all shares it held in 大和理研, which it had acquired to strengthen its ability to handle automation system and equipment projects and expand into new fields, removing the company from the Group.
  2. FY2018RestatedAnnual report

    「To strengthen its technology solutions capabilities, the Company acquired 100% of the shares of 大和理研株式会社 in April 2017 and made it a wholly owned subsidiary, while pursuing efforts to strengthen its ability to handle automation system and equipment projects and expand into new fields.」

    The acquisition of 100% of 大和理研 and its conversion into a wholly owned subsidiary are being reconfirmed as measures to strengthen capabilities for automation system and equipment projects and expand into new fields.
  3. FY2018-Q3RestatedAnnual report

    「In the first quarter of the consolidated fiscal year, the Company acquired shares of 大和理研株式会社, and in the third quarter of the consolidated fiscal year, acquired shares of 株式会社空間洗浄Lab., making each a subsidiary. However, because their impact on assets, net sales, profit or loss, retained earnings and other items was immaterial and they were not material at that time, both companies were treated as unconsolidated subsidiaries.」

    The acquisition of 大和理研 and its conversion into a subsidiary, and its treatment as an unconsolidated subsidiary because the impact was immaterial, are being reconfirmed. The acquisition of 株式会社空間洗浄Lab. will be recorded in a new thread.
  4. FY2018-Q2RestatedAnnual report

    「In the first quarter of the consolidated fiscal year, the Company acquired shares of 大和理研株式会社 and made it a subsidiary. However, because its impact on assets, net sales, profit or loss, retained earnings and other items was immaterial and it was not material at that time, the company was treated as an unconsolidated subsidiary.」

    The acquisition of 大和理研 as a subsidiary, and its treatment as an unconsolidated subsidiary because the impact was immaterial, are being reconfirmed.
  5. FY2018-Q1First statedAnnual report

    「In April 2017, the Company acquired 100% of the shares of 大和理研株式会社 (Sakado, Saitama) and made it a wholly owned subsidiary as part of efforts to strengthen its ability to handle automation system and equipment projects and expand into new fields. However, because its impact on assets, net sales, profit or loss, retained earnings and other items was immaterial and it was not material at that time, the company was treated as an unconsolidated subsidiary.」

    In April 2017, the Company acquired 100% of the shares of 大和理研 and made it a wholly owned subsidiary, positioning the acquisition as part of efforts to strengthen its ability to handle automation system and equipment projects and expand into new fields. Because the impact was immaterial, it was treated as an unconsolidated subsidiary.
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Nichiden's next results are scheduled for 2026-11-05. Read the earnings preview
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Strengthening capabilities to address automation system projects and new business areas through making 大和理研 a wholly owned subsidiary | NICHIDEN Corporation (9902) | Komori