Beauty Kadan Holdings (3041) · FactAchieved
Transition to a Holding-Company Structure
First written in FY2024-Q2. 1 of 2 entries say "Achieved", first in FY2024-Q3. Latest entry: FY2024-Q3.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Recording corporate expenses and management fees in segments following the transition to a holding-company structureA theme 3 companies write about · 1 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Achieved".
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- FY2024-Q3AchievedAnnual report
「Following a resolution at the Company's annual general meeting of shareholders held on 27 September 2023, the Company transitioned to a holding company structure effective 1 January 2024.」
Following consideration and preparations for becoming a holding company, the Company transitioned to a holding company structure effective 1 January 2024. - FY2024-Q2First statedAnnual report
「Operating profit was ¥11,508 thousand, down 5.8% year on year, due to costs associated with the transition to a holding company structure and higher personnel expenses resulting from base-pay increases, among other factors.」
Costs associated with the transition to a holding company structure were recorded for the first time as a factor contributing to the decline in operating profit for the six months ended in the second quarter. The main text does not specify the implementation timing or details of the new structure.