Entry into the Cryptocurrency Financial Products Business Through the Acquisition of Three eWarrant Companies
First written in FY2017. 2 of 3 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018-Q2.
No other company in this theme has enough history to compare yet.
- FY2018-Q2AdvancedAnnual report
「During the cumulative consolidated period for the second quarter, the Company acquired all shares of eワラント証券株式会社, EWARRANT INTERNATIONAL LTD. and EWARRANT FUND LTD., and newly included these 3 companies in the scope of consolidation.」
The 100% acquisition of the 3 eWARRANT companies was reflected in the scope of consolidation, and their results for 1 month in April 2018 were consolidated. - FY2018-Q1AdvancedAnnual report
「In January 2018, expecting them to occupy an important position in the financial services field of the “virtual currency platform initiative” currently being pursued by the Company, we made eワラント証券株式会社, EWARRANT INTERNATIONAL LTD. and EWARRANT FUND LTD. (the “three e-Warrant companies”) subsidiaries effective 1 February.」
For the 3 eWARRANT companies, the plan progressed from the acquisition plan for the previous fiscal year to completion of their conversion into subsidiaries on 1 February 2018. - FY2017First statedAnnual report
「Through the acquisition of shares in 3 eWARRANT companies, the Company expects them to become an important component of the financial services needed to build a cryptoasset platform using its digital tokens.」
The Company decided to acquire 100% of the voting rights in 3 companies, including eワラント証券, with a vision of offering cryptoasset financial products and securitised products using digital tokens. The estimated acquisition price was ¥1,029 million, and the acquisition date was 1 February 2018.