Komori
Nichiden (9902) · InitiativeRestated

Expansion of the Hydraulic Systems Business through the Acquisition of NPA System as a Wholly Owned Subsidiary

First written in FY2019-Q2. 3 of 5 entries say "Restated". Latest entry: FY2024-Q3.

5entries
7years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019-Q2 – FY2019-Q32018: 12019: 120192020: 020202021: 020212022: 020222023: 220232024: 1
Same theme, other companies
Expansion of the hydraulic systems business through the acquisition of エヌピーエーシステム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. FY2024-Q3RestatedAnnual report

    「As the significance of エヌピーエーシステム株式会社, which had been an unconsolidated subsidiary, increased, it was included in the scope of consolidation from the first quarter of the current consolidated fiscal year, and quarterly consolidated financial statements have been prepared.」

    The company has reaffirmed that エヌピーエーシステム株式会社 was included in the scope of consolidation from the first quarter of the consolidated fiscal year.
  2. FY2024-Q2RestatedAnnual report

    「As the significance of エヌピーエーシステム株式会社, which had been an unconsolidated subsidiary, increased, it was included in the scope of consolidation from the first quarter of the current consolidated fiscal year, and quarterly consolidated financial statements have been prepared.」

    The company has reaffirmed that エヌピーエーシステム株式会社 was included in the scope of consolidation from the first quarter of the consolidated fiscal year.
  3. FY2024-Q1AdvancedAnnual report

    「As the significance of エヌピーエーシステム株式会社, which had been an unconsolidated subsidiary, increased, it was included in the scope of consolidation from the first quarter of the current consolidated fiscal year, and quarterly consolidated financial statements have been prepared.」

    エヌピーエーシステム株式会社, which had been made a wholly owned subsidiary for the purpose of expanding the business scope, was included in the scope of consolidation from the first quarter of the current fiscal year because its significance had increased.
  4. FY2019-Q3RestatedAnnual report

    「During the first quarter of the fiscal year, the company established the local subsidiary NICHIDEN USA Corporation in Delaware, USA. During the second quarter, it acquired shares in エヌピーエーシステム株式会社 and made it a subsidiary. As the impact on assets, net sales, profit or loss, retained earnings and other items is immaterial and it is not material at present, both are treated as unconsolidated subsidiaries.」

    The company has reaffirmed that it acquired エヌピーエーシステム株式会社 and made it a subsidiary during the second quarter of the consolidated fiscal year, while continuing to account for it as an unconsolidated subsidiary at that time.
  5. FY2019-Q2First statedAnnual report

    「In September 2018, for the purpose of expanding our business scope, we acquired all shares of エヌピーエーシステム株式会社 (Warabi, Saitama), a company engaged in the design and manufacture of hydraulic systems, making it a wholly owned subsidiary. As the impact on assets, revenue, profit and loss, retained earnings and other items was immaterial and the company was not material at that time, it is accounted for as an unconsolidated subsidiary.」

    For the purpose of expanding its business scope, the company acquired all shares of a hydraulic systems design and manufacturing company in September 2018, making it a wholly owned subsidiary. It is accounted for as an unconsolidated subsidiary because the impact was immaterial.
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Nichiden's next results are scheduled for 2026-11-05. Read the earnings preview
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