Acquisition of a fashion media outlet through the acquisition of Candle
First written in FY2017-Q2. 2 of 7 entries say "Achieved", first in FY2017-Q3. Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021RestatedAnnual report
「Against this backdrop, from the perspective of business selection and concentration, we determined that further growth could be achieved by concentrating management resources, including personnel, on Rankuō Inc., a business less than 1 year old but experiencing rapid growth, and decided to transfer its shares to HACK JAPAN.」
The reason for the transfer of Candle was reconfirmed as the selective concentration of management resources, including personnel, on the rapidly growing ランク王株式会社. - FY2021-Q3RestatedAnnual report
「During the second quarter consolidated accounting period, the Company transferred all shares of its consolidated subsidiary Candle Co., Ltd. to HACK JAPAN Holdings Co., Ltd. and therefore excluded Candle from the scope of consolidation.」
The completion of the transfer of all Candle shares in the second quarter and its exclusion from the scope of consolidation were reconfirmed. - FY2021-Q2AchievedAnnual report
「The transaction was completed on 30 September 2020.」
The transfer of all Candle shares to HACK JAPAN Holdings was completed on 30 September 2020, implementing the transfer plan for Candle following its acquisition. - FY2021-Q1ReframedAnnual report
「At a meeting of the Board of Directors held on 11 August 2020, the Company resolved to transfer all shares of its specified subsidiary Candle Co., Ltd. (Candle) held by the Company to HACK JAPAN Holdings Co., Ltd. and entered into a share transfer agreement on the same date. Completion of the transaction was scheduled for 30 September 2020.」
Candle’s position following its acquisition and conversion into a subsidiary was revised into a plan to transfer all of its shares to HACK JAPAN Holdings. The scheduled completion date was 30 September 2020. - FY2018Cited as achievedAnnual report
「The Company actively invested to create a second and third core business, including through CROOZ TRAVELIST Co., Ltd., which operates an online travel business, and Candle Co., Ltd., which creates media and new businesses.」
Candle is cited as an investment target for creating a second and third core business, together with the Company’s existing record of making companies subsidiaries. - FY2017-Q3AchievedAnnual report
「In addition, the Board of Directors resolved to acquire all shares of Candle Co., Ltd., which plans, develops and operates multiple web and video media services including “MARBLE,” and make it a subsidiary. The Company acquired all shares of Candle from its existing shareholders on 31 October 2016.」
The acquisition of all Candle shares and its conversion into a subsidiary was completed on 31 October 2016, and Candle was included in the scope of consolidation from the third quarter. - FY2017-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 27 September 2016, the Company resolved to acquire all shares of Candle Co., Ltd. (Candle) and make it a subsidiary, and acquired all shares of Candle from its existing shareholders on 31 October 2016.」
As a measure to strengthen SHOPLIST, the Company acquired all shares of Candle, which operates curation and video media including “MARBLE,” and made it a subsidiary.