Subsidiary Integration for Integrated Operation of the AI Solutions Business
First written in FY2018. 1 of 3 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2020-Q3.
27 other companies' latest entry also says "Advanced".
- FY2020-Q3AdvancedAnnual report
「FRONTEO Healthcare, formerly our consolidated subsidiary, ceased to exist on 16 October 2019 following an absorption-type merger in which we were the surviving company. As a result, as of 31 December 2019, the Group consisted of our company and 7 consolidated subsidiaries.」
To achieve integrated operation of the AI solutions business, we absorbed FRONTEO Healthcare on 16 October 2019 and removed it from the scope of consolidation. - FY2019-Q1AchievedAnnual report
「Effective 8 May 2018, we absorbed FRONTEO Communications, our consolidated subsidiary, which had promoted the provision of KIBIT solutions in the B2C digital communications field.」
The absorption-type merger of FRONTEO Communications was completed to accelerate the AI solutions business and improve management efficiency. - FY2018First statedAnnual report
「To accelerate the Group's AI solutions business and improve management efficiency by operating as an integrated business our B2B business intelligence field and FCC's digital communications field, we decided to conduct an absorption-type merger in which we would be the surviving company and FCC the absorbed company.」
We absorbed FRONTEO Communications on 8 May 2018, giving concrete form to the policy of integrated operation of the B2B business intelligence and digital communications businesses.