Sogo & Seibu Strategic Review
First written in FY2022. 2 of 5 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2024-Q2.
No other company in this theme has enough history to compare yet.
- FY2024-Q2AchievedAnnual report
「Following satisfaction of the prescribed conditions set out in the transfer agreement and this memorandum, we completed the share transfer on 1 September 2023.」
The strategic review of そごう・西武 resulted in the execution of the transfer of all shares to an external best owner. - FY2023-Q3AdvancedAnnual report
「The Company executed an agreement to transfer all of its shares in 株式会社そごう・西武 to 杉合同会社, a special-purpose company affiliated with Fortress Investment Group LLC, and is holding repeated discussions toward completion of the transfer.」
The strategic review of そごう・西武 changed from the stage of considering options with a financial adviser engaged to the stage of negotiating the execution and conclusion of an agreement to transfer all shares. The scheduled execution date is 1 February 2023, subject to the satisfaction of the conditions. - FY2023-Q2RestatedAnnual report
「Based on the approach to the business portfolio set out in the “Medium-Term Management Plan 2021–2025,” the Company is currently conducting a strategic review of 株式会社そごう・西武 with the engagement of a financial adviser.」
The Company continues to conduct a strategic review of そごう・西武 with a financial adviser engaged. - FY2023-Q1AdvancedAnnual report
「The Company is currently conducting a strategic review of 株式会社そごう・西武 with the engagement of a financial adviser.」
The strategic review of そごう・西武 has progressed to the implementation stage with a financial adviser engaged. - FY2022First statedAnnual report
「In a persistently challenging business environment, the Company is currently conducting a strategic review as part of the business portfolio review described below.」
For そごう・西武, the Company began a strategic review as part of its business portfolio review, in addition to reforming its store structure and expanding non-store businesses.