Deepening the capital and business alliance with Nissho Electronics and disposing of treasury shares through a third-party allotment
First written in FY2020. 2 of 3 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2023-Q1.
5 other companies' latest entry also says "Advanced".
- FY2023-Q1AdvancedAnnual report
「・13 May 2022: Launch of a modernization service for financial institutions with Nissho Electronics Corporation」
As part of the expansion of existing business areas related to the capital and business alliance with Nissho Electronics Corporation, the company began offering a modernization service for financial institutions. - FY2021-Q2AdvancedAnnual report
「On 29 May 2020, the company entered into a capital and business alliance agreement with Nissho Electronics Corporation to expand existing business areas, including the design, construction and operation of ICT systems and security services.」
The company again disclosed the execution of a capital and business alliance agreement with Nissho Electronics Corporation. In the list of major shareholders as of the end of the second quarter, the company held 470,000 shares, representing an 8.44% ownership stake. - FY2020First statedAnnual report
「This disposal of treasury shares was conducted through a third-party allotment to Nissho Electronics Corporation. Through their collaboration, the company and Nissho Electronics Corporation concluded that, to survive the rapidly changing ICT industry, they needed to deepen their cooperation further and maximize the strengths of both companies. In addition to their existing business alliance, it was important to expand existing business areas, including the design, construction and operation of ICT systems, security, and training for ICT engineers, by disclosing and sharing highly confidential customer and technology know-how and promoting further personnel exchanges, while utilizing advanced technologies such as AI and RPA. This disposal of treasury shares was intended to establish such a deeper cooperative relationship with Nissho Electronics Corporation.」
On 18 June 2020, the company disposed of 470,000 treasury shares for ¥423,000,000 through a third-party allotment to deepen its existing business alliance with Nissho Electronics Corporation into a capital and business alliance. The areas of cooperation include sharing customer and technology platforms, personnel exchanges, and expanding business areas using AI and RPA.