Dissolution and liquidation of European and North American gaming business subsidiaries
First written in FY2017-Q2. 1 of 3 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2018-Q3.
No other company in this theme has enough history to compare yet.
- FY2018-Q3AchievedAnnual report
「During the third quarter of the current consolidated cumulative period, the liquidation procedures for DeNA Global, Inc. and ngmoco, LLC were completed, and the two companies were excluded from the scope of consolidation.」
The liquidation procedures for DeNA Global and ngmoco, which were involved in the European and North American gaming business, were completed, and the two companies were excluded from the scope of consolidation. - FY2017-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 October 2016, we resolved to dissolve and liquidate overseas subsidiaries involved in the European and North American gaming business, including DeNA Global, Inc. and ngmoco, LLC, and liquidation procedures are currently under way.」
The Board of Directors resolved to dissolve and liquidate the European and North American gaming subsidiaries, and liquidation procedures have begun. - FY2017-Q2First statedAnnual report
「In the European and North American markets, we had pursued game development with a leaner organisation since reviewing our structure and game portfolio in Europe and North America during the fiscal year ended March 2016. However, as we were unable to produce hit titles at the expected level, we will dissolve and liquidate subsidiaries including DeNA Global, Inc. We expect to complete resolutions on dissolution by each subsidiary, applications to local authorities and other legal procedures during the fiscal year ending March 2017.」
Because hit titles at the expected level could not be produced in Europe and North America, a policy was presented to dissolve and liquidate overseas subsidiaries including DeNA Global, with procedures expected to be completed during the fiscal year ending March 2017.