Consolidation of the operating entity through the transfer of the shopping business to KDDI
First written in FY2017-Q2. 3 of 5 entries say "Cited as achieved", first in FY2018-Q1. Latest entry: FY2018-Q3.
No other company in this theme has enough history to compare yet.
- FY2018-Q3Cited as achievedAnnual report
「In December 2016, we transferred the businesses operated under the names DeNA Shopping and au Shopping Mall.」
The completed transfer of the shopping business to KDDI was cited again in explaining the current status of the e-commerce business. - FY2018-Q2Cited as achievedAnnual report
「Transaction volumes for the travel agency and payment processing services remained firm, but revenue and profit declined year on year due to a decrease in the use of the auction service and the transfer in December 2016 of the businesses operated under the names DeNA Shopping and au Shopping Mall, among other factors.」
The completed transfer of the shopping business to KDDI was cited again as a fact and explained as a factor behind the decline in revenue and profit from the e-commerce business. - FY2018-Q1Cited as achievedAnnual report
「Transaction volumes for the travel agency and payment processing services remained firm, but revenue declined year on year due to a decrease in the use of the auction service and the transfer in December 2016 of the businesses operated under the names DeNA Shopping and au Shopping Mall, among other factors.」
The completed transfer of the shopping business to KDDI was cited again as a past event and explained as a factor behind the decline in revenue from the e-commerce business after the transfer. - FY2017-Q3AchievedAnnual report
「On 28 December 2016, we transferred all shares of the company that succeeded to the business, held by our company and Mobaoku, to KDDI. The transfer price was ¥6,300 million.」
After transferring the DeNA Shopping and au Shopping Mall businesses to the successor company, we completed the transfer of all shares to KDDI on 28 December 2016. - FY2017-Q2First statedAnnual report
「Through our regular discussions, the two companies concluded that further growth of this business would require more nimble and ambitious strategic development, and that consolidating the operating entities would be effective in achieving this. We therefore reached an agreement on the matter.」
The plan to transfer the DeNA Shopping and au Shopping Mall businesses to a newly established subsidiary and then transfer all shares to KDDI on 28 December 2016 was disclosed for the first time. A gain on the transfer of approximately ¥5.9 billion is expected.