Real Estate Crowdfunding and Integrated Development Business through the セブンスター Share Exchange
First written in FY2021-Q3. 2 of 7 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual report
「February 2024: セブンスター株式会社 was removed from the scope of consolidation following the transfer of its shares.」
The real estate crowdfunding and integrated development business based on making Seven Stars a wholly owned subsidiary was discontinued after Seven Stars was removed from the scope of consolidation following the transfer of its shares. - FY2023-Q1ReframedAnnual report
「As disclosed on 30 June 2022, the company formed a business partnership with GFA株式会社 using the Act on Specified Joint Real Estate Ventures to increase earnings by generating sales commissions from the supply of real estate, and transferred 27.07% of the shares of セブンスター株式会社 to GFA株式会社.」
The company restructured its previous framework of using Seven Stars as a wholly owned subsidiary by transferring 27.07% of its shares to GFA株式会社 and shifting to a model of collaboration in specified joint real estate ventures to generate sales commissions. - FY2022-Q3RestatedAnnual report
「The cumulative amount solicited for investments in fractional real estate products using the Specified Joint Real Estate Ventures Act, a business the Company newly entered, has reached approximately ¥3 trillion. Of this amount, anonymous partnership-type investments can be made with small amounts of capital, and crowdfunding is also growing. The Company is soliciting investors and developing fractional real estate products.」
The company continued to develop fractional real estate products and solicit investors using specified joint real estate ventures and crowdfunding. - FY2022-Q2AdvancedAnnual report
「The cumulative amount solicited for investments in fractional real estate products using the Specified Joint Real Estate Ventures Act, a business the Company newly entered, has reached approximately ¥3 trillion. Of this amount, anonymous partnership-type investments can be made with small amounts of capital, and crowdfunding is also growing. The Company is soliciting investors and developing fractional real estate products.」
Regarding the rollout of new real estate investment products using Seven Stars' platform, the filing states that the company was soliciting investors and developing fractional real estate products, indicating progress from planning to the concrete product development stage. - FY2022-Q1RestatedAnnual report
「Through the share exchange, the company acquired a business with the following functions and will diversify acquired assets through a new fund structure and strengthen its recurring-revenue model: ① development of new investment products using an online specified joint real estate venture; ② promotion of an integrated real estate development business spanning development through property management.」
On the assumption that Seven Stars would become a wholly owned subsidiary, the company continued to pursue development of investment products through an online specified joint real estate venture and to strengthen its recurring-revenue model through an integrated business spanning development through property management. - FY2021AchievedAnnual report
「Date of business combination 31 March 2021 (deemed acquisition date) (omitted) Legal form of the business combination Share exchange under which the company became the wholly owning parent and セブンスター株式会社 became the wholly owned subsidiary (omitted) Voting interest acquired 100%」
The share exchange, previously scheduled to have 30 March 2021 as its effective date, was completed with 31 March 2021 as the deemed acquisition date, resulting in 100% ownership and Seven Stars becoming a wholly owned subsidiary. - FY2021-Q3First statedAnnual report
「At a meeting of its board of directors held on 8 March 2021, the company resolved to carry out a share exchange under which it would become the wholly owning parent company and セブンスター株式会社 (hereinafter, “Seven Stars”) would become the wholly owned subsidiary, and entered into a share exchange agreement with Seven Stars. The company concluded that making Seven Stars a wholly owned subsidiary would diversify acquired assets through the creation of a new fund structure and strengthen its recurring-revenue model, as described below, while also strengthening the regional revitalization and activation business on which the group is focused. It determined that achieving these objectives through the share exchange would enhance corporate value. The share exchange was scheduled to be carried out with 30 March 2021 as the effective date. For the company, which would become the wholly owning parent, shareholder approval would not be required under the simplified share exchange procedures pursuant to Article 796, Paragraph 2 of the Companies Act. Seven Stars, which would become the wholly owned subsidiary, was to obtain approval of the share exchange agreement at an extraordinary general meeting of shareholders held on 29 March 2021. Number of shares to be issued in the share exchange 7,400,000 shares (scheduled)」
The company planned to make Seven Stars a wholly owned subsidiary through a share exchange and develop new investment products using its license for specified joint real estate ventures and crowdfunding platform, expand investor access, diversify acquired assets, and establish an integrated business spanning development through property management. The effective date of the share exchange was scheduled for 30 March 2021, with 7,400,000 shares scheduled to be issued.