Efficiency gains from the merger of 2 construction equipment rental subsidiaries
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2017-Q3.
- FY2017-Q3RestatedAnnual report
「During the first quarter of the consolidated fiscal year, the company's consolidated subsidiary 株式会社レンタルシステム芙蓉 absorbed and merged with 株式会社レクノス, which had also been a consolidated subsidiary, effective 1 April 2016, and changed its name to 株式会社レンタルシステム関東. As a result, 株式会社レクノス, the absorbed company, was excluded from the scope of consolidation.」
The group is reaffirming the merger and corporate name change of the construction machinery rental subsidiary as a change in the scope of consolidation. No new figures relating to the effects of the merger were provided. - FY2017-Q2RestatedAnnual report
「During the first quarter of the consolidated fiscal year, the company's consolidated subsidiary 株式会社レンタルシステム芙蓉 absorbed and merged with 株式会社レクノス, which had also been a consolidated subsidiary, effective 1 April 2016, and changed its name to 株式会社レンタルシステム関東. As a result, 株式会社レクノス, the absorbed company, was excluded from the scope of consolidation.」
The group is reaffirming the subsidiary merger and corporate name change completed in the previous quarter as a change in the scope of consolidation. No new figures relating to the effects of the merger were provided. - FY2017-Q1AdvancedAnnual report
「On 1 April 2016, the company's consolidated subsidiary 株式会社レンタルシステム芙蓉 absorbed and merged with 株式会社レクノス, which was also a consolidated subsidiary, and changed its name to 株式会社レンタルシステム関東.」
The merger described in the previous fiscal year was completed as scheduled, including the change in the surviving company's corporate name. The effects of efficiency gains and strengthened competitiveness from the merger were not quantified in this quarterly report. - FY2016First statedAnnual report
「Through the merger, we will share sales information and make effective use of the construction machinery held by the group, thereby improving the efficiency of group management and strengthening competitiveness.」
Effective 1 April 2016, 株式会社レンタルシステム芙蓉 merged with 株式会社レクノス, with 株式会社レンタルシステム芙蓉 as the surviving company and 株式会社レクノス as the absorbed company, and changed its corporate name to 株式会社レンタルシステム関東.