Expanding Rental Housing Management and New Business Opportunities through the Acquisition of 学生情報センター
First written in FY2017-Q3. 3 of 6 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2020.
30 other companies' latest entry also says "Advanced".
- FY2020AdvancedAnnual report
「In addition, as part of the expansion of the circular reinvestment business under Growth Strategy ②, we strengthened the student residence development business by leveraging synergies with ㈱学生情報センター, which became a consolidated subsidiary in October 2016, and made progress in implementing the growth strategy.」
We continue to strengthen the student residence development business by leveraging synergies with 学生情報センター, positioning this as progress in the growth strategy. - FY2019RestatedAnnual report
「In expanding the scope of the circular reinvestment business under Growth Strategy ②, we strengthened the development of the student residence business by leveraging synergies with ㈱学生情報センター, which became a consolidated subsidiary in October 2016, and made progress in implementing the growth strategy.」
We continue to strengthen the student residence business by leveraging synergies with 学生情報センター. - FY2018AdvancedAnnual report
「In expanding the scope of the circular reinvestment business under Growth Strategy ②, we strengthened the development of the student residence business by leveraging synergies with 株式会社学生情報センター, which became a consolidated subsidiary in October 2016, and made progress in implementing the growth strategy.」
Synergies following the acquisition of 学生情報センター were used to strengthen the development of the student residence business. - FY2018-Q3RestatedAnnual report
「Revenue and profit increased, owing to higher proceeds from sales of buildings and other properties to investors, improved rental income from existing properties, and the contribution of ㈱学生情報センター, which became a consolidated subsidiary in November 2016, among other factors.」
The contribution of 学生情報センター, which became a consolidated subsidiary in November 2016, continues to drive higher revenue and profit in the Urban Business. The earnings contribution following the acquisition has been reconfirmed. - FY2018-Q2AdvancedAnnual report
「Revenue and profit increased, owing to higher proceeds from sales of buildings and other properties to investors, improved rental income from existing properties, and the contribution of 株式会社学生情報センター, which became a consolidated subsidiary in November 2016, among other factors.」
The acquisition of 学生情報センター in November 2016 contributed to higher revenue and profit in the Urban Business, confirming the business integration and earnings contribution following the acquisition. - FY2017-Q3First statedAnnual report
「We decided to proceed with this transaction with the aim of further expanding our business in the rental housing management market, while leveraging the broad range of resources held by the 学生情報センター Group to acquire related businesses for group companies and create new business opportunities. Business combination date 14 November 2016 Voting rights acquired on the business combination date 100% Consideration for the acquisition Cash ¥25,628 million」
On 14 November 2016, 100% of the shares of 株式会社学生情報センターグループ were acquired. The acquisition was aimed at expanding the business in the rental housing management market, acquiring related businesses for group companies, and creating new business opportunities. The acquisition cost was ¥25,628 million, and goodwill of ¥17,029 million was recognized and is to be amortized on a straight-line basis over 20 years.