Separation and Sale of Gaming Businesses Other Than Elemental Story
First written in FY2017-Q2. 1 of 4 entries say "Achieved", first in FY2017-Q3. Latest entry: FY2018.
0 other companies' latest entry also says "Cited as achieved".
- FY2018Cited as achievedAnnual report
「To focus and selectively allocate its management resources, the Company transferred all game titles other than Elemental Story and the related personnel through a company split in November 2016. Accordingly, the current consolidated fiscal year was the first full-year settlement in which the Company shifted its business structure toward the EC Business centered on SHOPLIST.」
The separation and transfer of the game businesses other than Elemental Story is cited as evidence of the structural shift toward the EC Business centered on SHOPLIST. - FY2017RestatedAnnual report
「The Company resolved to transfer its Internet Content Business other than Elemental Story to a newly established company through a company split, to establish C&M Games Co., Ltd. (the “Company Split”), and to include all shares of Card King Co., Ltd., a wholly owned subsidiary of the Company, among the assets transferred to C&M Games. As a result, Card King became the Company’s subsidiary’s subsidiary on 1 November 2016. The Company also resolved to transfer all shares of C&M Games, newly established through the Company Split, to C&M Co., Ltd., a wholly owned subsidiary established by Mynet Inc., and completed the transfer on 1 November 2016.」
The transaction separating and transferring the game businesses other than Elemental Story was reconfirmed as part of the year’s record of business combinations and business separations. - FY2017-Q3AchievedAnnual report
「The Company resolved to transfer its Internet Content Business other than “Elemental Story,” which it operates, to a newly established company through a company split, to establish C&M Games Co., Ltd. (the “Company Split”), and to include all shares of Card King Co., Ltd., a wholly owned subsidiary of the Company, among the assets transferred to C&M Games. As a result, Card King became the Company’s subsidiary’s subsidiary on 1 November 2016. The Company also resolved to transfer all shares of C&M Games, newly established through the Company Split, to C&M Co., Ltd., a wholly owned subsidiary established by Mynet Inc., and completed the transfer on 1 November 2016.」
The business separation under which the game businesses other than Elemental Story were transferred to C&M Games and all of its shares were transferred to C&M was confirmed, together with the contractual and accounting details, as having been completed on 1 November 2016. - FY2017-Q2First statedAnnual report
「The Company resolved to transfer its Internet Content Business other than “Elemental Story,” which it operates, to a newly established company through a company split, to establish C&M Games Co., Ltd. (the “Company Split”), and to include all shares of Card King Co., Ltd., a wholly owned subsidiary of the Company, among the assets transferred to C&M Games. As a result, Card King became the Company’s subsidiary’s subsidiary on 1 November 2016. The Company also resolved to transfer all shares of C&M Games, newly established through the Company Split, to C&M Co., Ltd., a wholly owned subsidiary established by Mynet Inc., and completed the transfer on 1 November 2016.」
The business separation, under which the game businesses other than Elemental Story were transferred to a newly established company and all of its shares were transferred, was completed on 1 November 2016.