Expanding the Direct-to-Consumer Business by Making フューチャーラボ a Wholly Owned Subsidiary
First written in FY2017-Q1. 8 of 10 entries say "Restated". Latest entry: FY2020-Q1.
4 other companies' latest entry also says "Restated".
- FY2020-Q1RestatedAnnual report
「In the direct-to-consumer sales business, the Company sells products directly to consumers through direct-to-consumer sales channels, including supplements containing its proprietary functional materials (the "タマゴ基地Ⓡ" brand) and cosmetics (including the "ＳＯＧＮＡＮＤＯ" (ソニャンドⓇ) brand).」
The direct-to-consumer sales structure, including フューチャーラボ, continues to sell supplements and cosmetics containing proprietary materials directly to consumers. - FY2019-Q3RestatedAnnual report
「The Company and its subsidiary 株式会社フューチャーラボ sell supplements containing functional materials developed independently by the Company (the "タマゴ基地" brand) and cosmetics (including the "ＳＯＧＮＡＮＤＯ" (ソニャンド) brand).」
The direct-to-consumer sales structure, including フューチャーラボ, continues to sell supplements and cosmetics containing proprietary materials. - FY2019-Q2RestatedAnnual report
「The Company and its subsidiary 株式会社フューチャーラボ sell supplements containing functional materials developed independently by the Company (the "タマゴ基地" brand) and cosmetics (including the "ＳＯＧＮＡＮＤＯ" (ソニャンド) brand).」
The direct-to-consumer sales structure, including フューチャーラボ, continues to sell supplements and cosmetics containing proprietary materials. - FY2019-Q1RestatedAnnual report
「In the "direct-to-consumer sales business," the Company and its subsidiary 株式会社フューチャーラボ sell supplements containing the Company's proprietary materials (the "タマゴ基地" brand) and cosmetics (including the "ＳＯＧＮＡＮＤＯ" (ソニャンド) brand).」
The direct-to-consumer sales structure, including フューチャーラボ, continues to sell supplements and cosmetics containing proprietary materials. No new acquisition or integration has been reported. - FY2018-Q3RestatedAnnual report
「In addition to growth in the existing direct-to-consumer sales business, results from 株式会社フューチャーラボ, which became a subsidiary in the previous fiscal year, contributed.」
The contribution from フューチャーラボ and growth in the existing direct-to-consumer sales business continue to be reported. No new acquisition or integration progress has been reported. - FY2018-Q2RestatedAnnual report
「In addition to growth in the existing direct-to-consumer sales business, results from 株式会社フューチャーラボ, which became a subsidiary in the previous fiscal year, contributed. As a result, consolidated revenue for the first six months of the current consolidated fiscal year was ¥2,971 million, up 100.9% year on year.」
The contribution from フューチャーラボ and the increase in revenue from the direct-to-consumer sales business continue to be reported. No new acquisition or integration progress has been reported. - FY2018-Q1RestatedAnnual report
「Revenue from the direct-to-consumer sales business rose substantially to ¥1,296 million, up 100.7% year on year. In addition to growth in the existing direct-to-consumer sales business, results from 株式会社フューチャーラボ, which became a subsidiary in the previous fiscal year, contributed to the substantial increase in revenue.」
The contribution from フューチャーラボ, which became a subsidiary in the previous fiscal year, and the increase in revenue from the direct-to-consumer sales business continue to be reported. There has been no progress on a new acquisition under the theme of post-acquisition earnings contribution. - FY2017-Q3AdvancedAnnual report
「During the third quarter of the current consolidated fiscal year, the Company pursued efficient sales expansion, including expanded sales to customers of "タマゴ基地" and "ＳＯＧＮＡＮＤＯ", and monetisation progressed.」
The results of フューチャーラボ were in fact consolidated from the third quarter, and progress in monetisation through efficiency-focused sales expansion and cross-selling to existing customers was reported. - FY2017-Q2RestatedAnnual report
「The Company aims to further expand its direct-to-consumer sales business by combining the subsidiary's cosmetics development capabilities, sales channels and customer base with its own expertise in recurring sales and development capabilities for proprietary materials. The deemed acquisition date for the shares was 31 December 2016, and the acquisition is expected to contribute to results from the third quarter of the current fiscal year.」
The Company reaffirmed the acquisition objective of combining フューチャーラボ's resources with its own expertise in direct-to-consumer sales and materials development, and expects a contribution to results from the third quarter. - FY2017-Q1First statedAnnual report
「We regard the direct-to-consumer sales business as a promising growth business and had been considering M&A transactions that would create synergies. We resolved at a Board of Directors meeting held on 3 October 2016 to acquire all shares of 株式会社フューチャーラボ and make it a subsidiary, entered into a share transfer agreement on the same date, and acquired all shares on 1 November 2016. Acquisition of voting rights: 100%.」
The Company positioned the direct-to-consumer sales business as a growth business and carried out an M&A transaction combining フューチャーラボ's cosmetics development capabilities, TV shopping channels and customer base with its own product development capabilities, call centre and expertise in acquiring recurring customers. The acquisition consideration was ¥1,200 million.