Komori
fonfun (2323) · InitiativeRestated

Expansion of the Customer Base and Reduction of Messaging Costs through the Acquisition of ケイビーカンパニー’s SMS Messaging Business

First written in FY2023-Q2. 4 of 6 entries say "Advanced", first in FY2023-Q3. Latest entry: FY2025.

6entries
4years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2023-Q3 – FY20242022: 120222023: 220232024: 220242025: 12025
Same theme, other companies
Expansion and Restructuring of the Mobile Communications, Messaging and Advertising BusinessA theme 11 companies write about · 1 as a headwind · 12 as a tailwind

The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.

4 other companies' latest entry also says "Restated".

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. FY2025RestatedAnnual report

    「The SMS delivery service “Bansou SMS” and the webmail service for mobile devices “Remote Mail,” which the Company has provided for some time, also continued to contribute to results.」

    Following the acquisitions of the SMS transmission businesses from KB Company and Chronos, the SMS services continued to contribute to results as part of the cloud solutions business.
  2. FY2024AdvancedAnnual report

    「At meetings of the Board of Directors held on 20 December 2023 and 24 January 2024, the Company resolved to acquire the SMS transmission business operated by Chronos Co., Ltd., and entered into a business transfer agreement with the company on 29 January 2024. Business combination date: 1 February 2024. Consideration for acquisition: cash, ¥10.000 million」

    Following KB Company, the Company acquired Chronos Co., Ltd.’s SMS transmission business on 1 February 2024. The Company continues to pursue business acquisitions aimed at expanding its SMS customer base and message volume.
  3. FY2024-Q3AdvancedAnnual report

    「At meetings of the Board of Directors held on 20 December 2023 and 24 January 2024, the Company resolved to acquire the SMS transmission business operated by Chronos Co., Ltd., and entered into a business transfer agreement with the company on 29 January 2024. Business combination date: 1 February 2024. Consideration for acquisition: cash, ¥10.000 million」

    Following KB Company, the Company entered into an agreement to acquire Chronos Co., Ltd.’s SMS transmission business, with the business combination scheduled for 1 February 2024. It states that the acquisition was intended to expand the customer base, reduce transmission costs through higher message volume, and improve competitiveness and performance, with acquisition consideration of ¥10 million, contingent consideration of up to ¥5 million, and goodwill of either ¥10 million or ¥15 million to be amortized on a straight-line basis over 8 years.
  4. FY2023AdvancedAnnual report

    「The SMS transmission business acquired from KB Company during the fiscal year also continued to increase its message volume at a strong pace. As a result, revenue from the SMS business was ¥295 million, up 40.2% year on year, and segment profit was ¥99 million, up 44.7%.」

    The SMS transmission business acquired in November 2022 increased its message volume after the acquisition, and the SMS business as a whole recorded revenue of ¥295 million and segment profit of ¥99 million.
  5. FY2023-Q3AdvancedAnnual report

    「The SMS transmission business acquired from KB Company also continued to increase its message volume at a strong pace during the third quarter. As a result, revenue from the SMS business was ¥200 million, up 33.8% year on year, and segment profit was ¥71 million, up 46.8%.」

    The SMS transmission business acquired from KB Company increased its message volume after the acquisition, and the SMS business as a whole recorded revenue of ¥200 million and segment profit of ¥71 million. Concrete progress has emerged in the measures to strengthen competitiveness through customer-base expansion and lower transmission costs.
  6. FY2023-Q2First statedAnnual report

    「At a meeting of the Board of Directors held on 19 October 2022, the Company resolved to acquire the SMS transmission business operated by KB Company Co., Ltd. The Company aims to strengthen the competitiveness of its SMS transmission business and improve results by expanding its customer base and reducing transmission costs through an increase in the number of messages sent. Business combination date: 1 November 2022. Acquisition cost: ¥145.454 million. Straight-line amortization over 8 years」

    The Company resolved to acquire the SMS transmission business on 19 October 2022 and acquired the business on 1 November. It states that the acquisition was intended to expand the customer base, reduce transmission costs through an increase in message volume, and improve the competitiveness and performance of the SMS transmission business, with goodwill of ¥145.454 million to be amortized on a straight-line basis over 8 years.
Moved together

"Securing Consistently Stable Profits" moved the same way as this thread, in the same document, in 4 of its 6 moves.

443332★123456
  1. ★This thread
  2. 1Securing Consistently Stable Profits4×
  3. 2Continued Operating Losses and Uncertainties Regarding the Going Concern Assumption4×
  4. 3Policy of making profit generation in the SMS business a necessary and sufficient condition for business performance recovery3×
  5. 4Higher revenue and an operating loss in the contract software development business3×
  6. 5Revenue and profit recognition for other businesses, primarily system maintenance3×
  7. 6Talent Development and Organizational Structure2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for fonfun yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.