Optimizing the Cost Structure of a Korean Subsidiary
First written in FY2024-Q2. 1 of 3 entries say "Advanced", first in FY2024-Q3. Latest entry: 2026-07-22.
Fronteo moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2017: 2 of 13 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- 2026-07-22ReframedM&A and Subsidiary Changes
「In line with this management policy, as part of optimizing our business portfolio, we transferred all shares of FKR to the transferee on 21 July 2026.」
The optimization of the Korean subsidiary’s cost structure developed from recording restructuring costs into business-portfolio optimization through the transfer of all shares. - FY2024-Q3AdvancedAnnual report
「These costs resulted from restructuring at the Company, its U.S. subsidiaries and its South Korean subsidiaries, and comprised ¥73.645 million in special retirement payments to employees and ¥11.849 million in other costs.」
The Company implemented restructuring, including at the Korean subsidiary, and recognized ¥85.495 million in restructuring costs for the Company, its U.S. subsidiary and its Korean subsidiary. - FY2024-Q2First statedAnnual report
「This relates to the restructuring of the Korean subsidiary, comprising ¥30.021 million in special retirement payments to local employees and ¥8.454 million in other costs.」
The Company newly implemented a restructuring of the Korean subsidiary to optimize its cost structure and recognized total restructuring costs of ¥38.476 million.