Transfer of Unprofitable Residential Equipment Sales Business
First written in FY2021. 1 of 4 entries say "Achieved", first in FY2022-Q2. Latest entry: FY2023-Q3.
Recomm moved to the "Worse" side of this theme in 2023.
1 other company's latest entry also says "Reframed".
- FY2023-Q3ReframedAnnual report
「On 10 April 2023, the company established レカムＤＸソリューションズ株式会社 as a sales company for RPA services provided by its associate Intelligence Indeed Recomm Co., Ltd., after transferring the business of 株式会社産電 to レカムＤＸソリューションズ株式会社. Accordingly, 株式会社産電 and its subsidiary 株式会社サンリノベル were excluded from consolidation.」
The company reorganized its business structure by transferring the business of 産電, whose housing equipment sales business had been transferred, to レカムＤＸソリューションズ, an RPA services sales company, and excluded 産電 and サンリノベル from consolidation. - FY2022RestatedAnnual report
「In addition, the share transfer under the agreement was completed during the current fiscal year.」
Regarding the housing equipment sales business transferred in the previous fiscal year, the company reconfirmed that the share transfer and the accounting treatment for the assets and liabilities held for sale had been completed. - FY2022-Q2AchievedAnnual report
「In addition, the assets and liabilities classified as assets and liabilities held for sale in the previous consolidated fiscal year were sold during the current consolidated fiscal year, with the sale procedures completed.」
Regarding the transfer of the housing equipment sales business and other businesses disclosed in the previous fiscal year, the company reconfirmed that the sale procedures had been completed and that the assets and liabilities held for sale were no longer classified as such. - FY2021First statedAnnual report
「In the housing equipment sales business, including solar power generation systems, the company has faced a situation in which it has been unable to conduct proposal-based sales as planned because of the spread of COVID-19. ...As the business had not recovered to profitability, it had become unprofitable. Accordingly, after considering the future direction of the business from various perspectives and holding discussions with NEXTAGE GROUP Co., Ltd. regarding the transfer of the housing equipment sales and construction business, the company determined that transferring SANDEN Co., Ltd. and SANDEN TECHNO Co., Ltd. would contribute to business expansion, as NEXTAGE GROUP operates across the housing sector and is also engaged in the sale and construction of housing equipment. The company therefore entered into a transfer agreement.」
The company entered into a transfer agreement for the unprofitable solar power generation systems and other housing equipment sales and construction businesses and completed the business transfer and share transfer on 30 September 2021.