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Caica Digital (2315) · InitiativeRemoved from associates accounted for under the equity method

Cryptocurrency Payments and Blockchain Applications Through a Capital and Business Alliance with シーズメン

First written in FY2018-Q1. 1 of 4 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2019-Q3.

4entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018-Q1AdvancedFY2018-Q3RestatedFY2018 – FY2019-Q32018: 220182019: 22019
Same theme, other companies
Retail Restructuring and IoT Collaboration through a Capital and Business Alliance with シーズメンA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

0 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2019-Q3Removed from associates accounted for under the equity methodAnnual report

    「At a meeting of the Board of Directors held on 28 August 2019, the Company resolved to remove シーズメン, an associate accounted for under the equity method, from the scope of equity-method associates.」

    Following the transfer of Nex Solutions, it was determined that the Company would no longer have significant influence, including because there would be no directors serving concurrently, and シーズメン was removed from the scope of equity-method associates.
  2. FY2018RestatedAnnual report

    「In February 2018 (deemed acquisition date: 31 May 2018), CCCT entered into a capital and business alliance agreement with シーズメン, which operates retail businesses including casual wear, subscribed for its third-party allotment of new shares and made it an associate accounted for under the equity method.」

    The capital and business alliance with シーズメン, subscription for its third-party allotment of new shares and classification as an associate accounted for under the equity method were confirmed as part of the full-year business structure.
  3. FY2018-Q3AdvancedAnnual report

    「As CCCT, a consolidated subsidiary, acquired shares in シーズメン, シーズメン has been included in the scope of application of the equity method from the third quarter.」

    Regarding the capital and business alliance with シーズメン, the relationship was reflected in the consolidated accounts as an equity-method investee from the third quarter following CCCT's acquisition of shares.
  4. FY2018-Q1First statedAnnual report

    「CCCT and シーズメン decided to enter into an agreement for CCCT to subscribe for part of the new shares issued by シーズメン through a third-party allotment. The companies will jointly consider systems development for e-commerce sites, cryptocurrency payments and customer management using blockchain, while exploring the potential of cryptocurrency in retail, including product-exchange points using digital tokens on a blockchain.」

    CCCT subscribed for シーズメン's third-party allotment of new shares and acquired 25.62% of the voting rights, establishing a capital and business alliance. The companies are considering e-commerce development, cryptocurrency payments, customer management using blockchain and product-exchange points using digital tokens.
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Cryptocurrency Payments and Blockchain Applications Through a Capital and Business Alliance with シーズメン | CAICA DIGITAL Inc. (2315) | Komori