Komori
Ye Digital (2354) · InitiativeAdvancedLatest M&A and Subsidiary Changes (2026-06-25): "Reframed"

Formation of a joint venture through an incorporation-type company split of the factory automation business and the transfer of a 60% stake to Yaskawa Electric

First written in FY2020. 4 of 17 entries say "Advanced", first in FY2021-Q1. Latest entry: 2026-06-25.

17entries
7years
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How it moved
ProgressHeldSoftenedWorseOtherFY2021-Q3 – FY2023OtherFY2025-Q1 – FY2026-H12020: 320202021: 120212022: 220222023: 420232024: 420242025: 120252026: 22026
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  1. 2026-06-25ReframedM&A and Subsidiary Changes

    「これにより、安川電機と当社の合弁契約を見直し、当社はアイキューブデジタルの株式の持株比率が40%から60%となります。」

    従来の安川電機との合弁会社としての工場自動化事業について、当社が安川電機から20%を取得し、持株比率を40%から60%へ引き上げて経営の主導権を担う枠組みへ変更することを決定した。株式譲渡実行日は2026年9月1日予定である。
  2. FY2026AdvancedAnnual report

    「Non-operating income was ¥188 million, up 45.5% year on year, mainly due to the recognition of equity-accounted investment income, while non-operating expenses were ¥4 million, down 46.8%.」

    Non-operating income, including equity-accounted investment income related to the joint venture and other entities in the factory automation business, increased 45.5%.
  3. FY2026-H1Slight decline in equity-method investment incomeAnnual report

    「Equity-accounted investment profit ¥22.247 million」

    An equity-accounted investment profit of ¥22.247 million was recorded for the current interim period in connection with the joint venture and other entities in the factory automation business. Although this was slightly down from ¥22.642 million in the same period of the previous year, the investment profit continued.
  4. FY2025-H1Decline in equity-method investment profitAnnual report

    「Equity-accounted investment profit ¥22.642 million」

    An equity-accounted investment profit of ¥22.642 million was recorded for the six-month interim period in connection with the joint venture and other entities in the factory automation business. Although this was down from ¥43.105 million in the same interim period of the previous year, the investment profit continued.
  5. FY2025-Q1Reversal to an equity-accounted investment lossAnnual report

    「Equity-accounted investment loss ¥12.42 million」

    Equity-accounted investment income related to the joint venture and other entities in the factory automation business turned from an investment profit of ¥25.087 million in the same period of the previous year to an investment loss of ¥12.42 million in the first quarter.
  6. FY2024AdvancedAnnual report

    「Non-operating income was ¥73 million, up 367.3% year on year, mainly due to the recognition of equity-accounted investment income, while non-operating expenses were ¥3 million, down 96.4%.」

    Equity-accounted investment income related to the joint venture and other entities in the factory automation business turned from an investment loss of ¥81.14 million in the previous fiscal year to an investment profit of ¥50.71 million in the current fiscal year.
  7. FY2024-Q3Continued increase in equity-method investment incomeAnnual report

    「Equity-accounted investment profit ¥58.045 million」

    Equity-accounted investment income related to the joint venture in the factory automation business was ¥58.045 million for the cumulative nine-month period, continuing to be recognized as a profit compared with an equity-accounted investment loss of ¥71.25 million in the same period of the previous year.
  8. FY2024-Q2Continued equity-accounted investment profitsAnnual report

    「Equity-accounted investment profit ¥43.105 million」

    Equity-accounted investment income was a profit of ¥43.105 million for the cumulative six-month period, following an investment loss of ¥55.884 million in the same period of the previous year, marking a continuation of the profit recognition.
  9. FY2024-Q1AdvancedAnnual report

    「Equity-accounted investment profit ¥25.087 million」

    For the joint venture in the factory automation business, the company recorded an equity-accounted investment profit of ¥25.087 million in the first quarter, compared with an equity-accounted investment loss of ¥25.696 million in the same period of the previous year.
  10. FY2023Joint venture losses and reduced equity-accounted investment lossesAnnual report

    「株式会社アイキューブデジタル Loss before income taxes 199,644 Net loss 202,875」

    The joint venture in the factory automation business reported a net loss of ¥202.89 million, down from ¥296.69 million in the previous fiscal year. Its equity-accounted investment loss also declined to ¥81.14 million from ¥118.68 million, although it remained loss-making.
  11. FY2023-Q3Continued but reduced equity-accounted investment losses related to the joint ventureAnnual report

    「Equity-accounted investment loss ¥71.25 million」

    An equity-accounted investment loss of ¥71.25 million was recognized for the cumulative nine-month period in connection with the joint venture in the factory automation business. This was down from ¥111.865 million in the same period of the previous year.
  12. FY2023-Q1Recognition of an Equity-Method Investment Loss by the Joint VentureAnnual report

    「Equity-method investment loss: ¥25.696 million」

    The company recognized an equity-method investment loss of ¥25.696 million from the joint venture for the factory automation business in the current first quarter, down from ¥44.553 million in the first quarter of the previous fiscal year.
  13. FY2022Recognition of a Loss by the Joint-Venture AffiliateAnnual report

    「株式会社アイキューブデジタル Profit before income taxes: loss of 295,869 Net loss: 296,696」

    The company reported a net loss of ¥296.696 million and an equity-method investment loss of ¥118.687 million for 株式会社アイキューブデジタル, the joint venture for the factory automation business.
  14. FY2021-Q3RestatedAnnual report

    「From the second-quarter consolidated accounting period, the newly established 株式会社アイキューブデジタル was classified as an equity-method affiliate.」

    Following the incorporation-type company split of the factory automation business and the transfer of shares to YASKAWA Electric Corporation, the company reconfirmed that the newly established 株式会社アイキューブデジタル had been classified as an equity-method affiliate from the second-quarter consolidated accounting period.
  15. FY2021-Q2AchievedAnnual report

    「The company split and share transfer were carried out on 1 July 2020.」

    On 1 July 2020, the company carried out the incorporation-type company split of the factory automation business and transferred 60% of the shares in 株式会社アイキューブデジタル to YASKAWA Electric Corporation. It also entered into an agreement to transfer the copyrights, trademark rights and patent licenses related to factory automation, under which it would provide maintenance, updates and technical support through 31 August 2025.
  16. FY2021-Q1AdvancedAnnual report

    「At a meeting of the Board of Directors held on 10 April 2020, the company decided to transfer its factory automation business within the IoT solutions business to 株式会社アイキューブデジタル, newly established through a company split (simplified incorporation-type company split), and transfer 60% of the shares in the new company to YASKAWA Electric Corporation. The company adopted the resolution and entered into the agreement on 10 April.」

    The process advanced to the Board of Directors' resolution and execution of the agreement concerning the incorporation-type company split of the factory automation business and the transfer of 60% of the shares to YASKAWA Electric Corporation. Establishment of the new company and the share transfer were scheduled for 1 July 2020, and the transfer price was reported as ¥90 million.
  17. FY2020First statedAnnual report

    「By separating this business into a newly established company and forming a joint venture with YASKAWA Electric Corporation, we will strengthen our proposal capabilities in factory automation and expand sales of IoT solutions for manufacturers by supplying the joint venture with cloud products and basic software for factories. In addition, we will expand the business by focusing on social IoT for markets including social infrastructure and education, while deploying the IoT technology expertise gained through the joint venture across our business areas.」

    The company decided to transfer the factory automation business within its IoT solutions business to a newly established company and transfer 60% of the shares in the new company to YASKAWA Electric Corporation. The new company is 株式会社アイキューブデジタル, with capital of ¥50 million and an expected workforce of 69 people. The scheduled transfer date was 1 July 2020, and the transfer price was ¥90 million.
Moved together

"Strengthening sales and marketing strategies and establishing the service business" moved the same way as this thread, in the same document, in 4 of its 17 moves.

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  1. ★This thread
  2. 1Strengthening sales and marketing strategies and establishing the service business4×
  3. 2Transforming the Business Model and Reforming the Cost Structure under the Medium-Term Management Plan “Challenge for Excellence”3×
  4. 3Transforming Corporate Culture Through Commitment to Results and Work-Style Reform3×
  5. 4Next-period annual dividend planned at ¥6 (¥3 interim, ¥3 year-end)3×
  6. 5Introduction of Stock Compensation-Type Stock Options for Directors and Executive Officers3×
  7. 6Release of the new logistics DX service “MMLogiStation”3×

★ 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.

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No upcoming earnings preview for Ye Digital yet. It last moved in the M&A and Subsidiary Changes of 2026-06-25: "Reframed".
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Formation of a joint venture through an incorporation-type company split of the factory automation business and the transfer of a 60% stake to Yaskawa Electric | YE DIGITAL Corporation (2354) | Komori