Establishment of BizMo Co., Ltd. through Joint Investment
First written in FY2020-Q3. 1 of 3 entries say "Restated". Latest entry: FY2022-Q2.
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- FY2022-Q2DroppedAnnual report
「As announced on 26 July 2021, we transferred the shares of 株式会社BizMo, established as a joint venture with 株式会社三光アド in May 2019, to 株式会社三光アド effective 31 August 2021. This was because we determined that pursuing business development under a new structure in response to recent changes in the business environment would contribute to increasing the corporate value of both companies.」
All shares in BizMo were transferred to 三光アド, and BizMo ceased to be an associate of the company. The arrangement under which the former jointly funded company was operated as an equity-method investee ended. - FY2020RestatedAnnual report
「The Group consists of the Company, 3 consolidated subsidiaries and 1 equity-method affiliate, and operates primarily through its Information Services and Sales Promotion Support businesses.」
The annual report reconfirmed the structure comprising 3 consolidated subsidiaries and 1 associate, including 株式会社BizMo as an equity-method investee. - FY2020-Q3First statedAnnual report
「During the first nine months of the current fiscal year, 株式会社BizMo was established through joint funding, and the company was included within the scope of application of the equity method.」
The company newly disclosed that 株式会社BizMo was established through joint funding and included within the scope of application of the equity method.