Transformation Support and Development Funding through a Business Alliance with Advantage Advisors
First written in FY2020-Q2. 2 of 5 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2022-Q2.
The whole theme swung hardest in 2023: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2022-Q2DroppedAnnual report
「The Company terminated the business alliance agreement with アドバンテッジアドバイザーズ株式会社, fully acquired and cancelled the Sixth Series Stock Acquisition Rights issued on 12 October 2020, and fully redeemed early the First Series Unsecured Convertible Bond-Type Bonds with Stock Acquisition Rights issued on 30 August 2019.」
Regarding the previously announced policy of terminating the business alliance agreement, the agreement was terminated and the related stock acquisition rights and convertible bonds were dealt with. - FY2022-Q1DroppedAnnual report
「At a meeting of the Board of Directors held on 16 July 2021, the Company resolved to enter into an agreement with AA社 regarding the termination of the business alliance agreement executed with AA社 on 9 August 2019.」
Regarding the business alliance agreement with アドバンテッジアドバイザーズ株式会社 dated 9 August 2019, the Company resolved on 16 July 2021 to execute an agreement on its termination and proceeded to terminate the agreement effective 30 August 2021. - FY2021-Q2AdvancedAnnual report
「In addition, strengthening the business foundation is essential for the Company to achieve sustainable growth in corporate value through the steady execution of its medium-term management plan. To this end, the Company will issue stock acquisition rights to アドバンテッジアドバイザーズ株式会社, use the proceeds to repay borrowings, and work to improve, strengthen and rebuild its financial position.」
In addition to transformation support through existing business alliances and project teams, the Company announced a policy of rebuilding its financial foundation by using the proceeds from the issuance of stock acquisition rights to アドバンテッジアドバイザーズ as funds for repaying borrowings. - FY2020-Q3AdvancedAnnual report
「Including these issues, the Company established a project team with Advantage Advisers Co., Ltd. during the current fiscal year under the business alliance agreement entered into in August 2019, and began initiatives aimed at resolving the various issues it faced and reforming its business structure.」
During the current fiscal year, the Company established a project team under the business alliance agreement and began initiatives to resolve issues relating to business structure reform, recruitment, finance, and other areas. - FY2020-Q2First statedAnnual report
「To further accelerate the transformation, the Company entered into a business alliance agreement with Advantage Advisers Co., Ltd. on 9 August 2019. In addition to receiving advice from the company on management, finance, marketing, human resources, and other areas, and support for a steady transition to the structure for promoting transformation of the Company's business portfolio, the Company is also raising development funds for an urban hotel in the Kansai region scheduled to open in autumn 2021. It will continue to promote hotel development in stages, strengthen its management foundation, and steadily expand corporate value.」
A business alliance was described for the first time, involving advice on management, finance, marketing, human resources, and other areas; support for the transition to a structure promoting business transformation; and fundraising for an urban hotel in the Kansai region scheduled to open in autumn 2021, with the aim of accelerating business transformation.