Expansion of the CATV business base through application of the equity method to Tokyo Bay Network
First written in FY2017. 8 of 9 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2023-Q3.
1 other company's latest entry also says "Advanced".
- FY2023-Q3AdvancedAnnual report
「Acquired the shares of Okinawa Cable Network Co., Ltd., which operates a CATV business, effective 11 October 2022, and converted it into a consolidated subsidiary.」
Converted Okinawa Cable Network into a consolidated subsidiary, expanding the CATV business platform. - FY2021-Q3AdvancedAnnual report
「Effective 1 October 2020, Ichihara Community Network Television Co., Ltd. absorbed East Communications Co., Ltd. through a merger.」
In the CATV business, Ichihara Community Network Television Co., Ltd. completed an absorption-type merger with East Communications Co., Ltd. - FY2020AdvancedAnnual report
「In March 2020, we converted Sendai CATV Co., Ltd., a cable television operator serving Sendai and Natori in Miyagi Prefecture and based in Aoba Ward, Sendai, into a consolidated subsidiary. By adding the CATV business to the LP gas and internet businesses already operating in the Tohoku area, we will expand our business platform in the region.」
Converted Sendai CATV into a consolidated subsidiary, expanding the business platform in the Tohoku area by adding CATV to the LP gas and internet businesses. - FY2020-Q3AdvancedAnnual report
「In October of the same year, acquired the wired television business in eastern Shizuoka Prefecture from 有限会社シオヤ of Mishima, Shizuoka Prefecture.」
Acquired the wired television business from 有限会社シオヤ of Mishima, Shizuoka Prefecture, expanding the CATV business’s operating area and customer base. - FY2020-Q1AdvancedAnnual report
「In May, signed an agreement to acquire the wired cable television business operated by 有限会社シオヤ of Mishima, Shizuoka Prefecture,」
Signed an agreement to acquire the wired cable television business operated by 有限会社シオヤ of Mishima, Shizuoka Prefecture. - FY2018AdvancedAnnual report
「We acquired the shares of TV Tsuyama Co., Ltd. through Kurashiki Cable TV Co., Ltd., a consolidated subsidiary of ours and a CATV operator serving Kurashiki, Soja and Tamano in Okayama Prefecture. We determined that the acquisition would enable us to expand our operating area, create synergies by leveraging each company’s expertise and contribute to the enhancement of corporate value over the medium to long term, and therefore completed the share acquisition.」
Following Tokyo Bay Network, converted TV Tsuyama into a consolidated subsidiary in February 2018. The CATV business added 273 thousand customers through M&A. - FY2018-Q3AdvancedAnnual report
「In addition to these initiatives, the addition through M&A of 250 thousand customers of Tokyo Bay Network Co., Ltd. (235 thousand broadcasting customers and 15 thousand communications customers) resulted in a significant increase in broadcasting-service customers of 243 thousand from the end of the previous fiscal year to 751 thousand, while communications-service customers increased by 25 thousand to 251 thousand.」
The conversion of Tokyo Bay Network into a consolidated subsidiary added 235 thousand broadcasting customers and 15 thousand communications customers, significantly expanding the CATV customer base. - FY2018-Q1AdvancedAnnual report
「Through the additional acquisition of shares in the company and its conversion into a consolidated subsidiary, we will expand our operating area and customer base. We will also seek to enhance corporate value by maximizing synergies through the use of each company’s expertise and expanding the CATV business.」
On 20 July 2017, made an additional acquisition of Tokyo Bay Network and converted it into a consolidated subsidiary, resulting in an ownership ratio of 90.18%. - FY2017First statedAnnual report
「Tokyo Bay Network Co., Ltd., an equity-method affiliate, became an equity-method affiliate through the acquisition of its shares on 15 March 2017.」
Added a CATV affiliate through the acquisition of shares on 15 March 2017.