Spin-off of the haco! business and conversion of 株式会社cd. into a wholly owned subsidiary
First written in FY2020-Q3. 2 of 4 entries say "Achieved", first in FY2020. Latest entry: FY2025-Q1.
0 other companies' latest entry also says "Achieved".
- FY2025-Q1AchievedAnnual report
「During the first quarter of the current consolidated accounting period, 株式会社cd., formerly our consolidated subsidiary, was eliminated through an absorption-type merger in which the Company was the surviving company and was therefore excluded from the scope of consolidation.」
The absorption-type merger of 株式会社cd., which had been the transferee of the haco! business, was completed effective 1 March 2024, bringing the integration into the parent company to completion. - FY2024ReframedAnnual report
「The purpose of the merger is to streamline the organisation and businesses of the Group as a whole and improve the efficiency of the management resources held across the Group.」
Following the spin-off of the haco! business and the conversion of cd. into a wholly owned subsidiary, the Group moved to the stage of absorbing cd. into the parent company and integrating its organisation, businesses and management resources. The effective date was 1 March 2024. - FY2020AchievedAnnual report
「At a meeting of the Board of Directors held on 20 December 2019, the Company resolved to transfer the rights and obligations relating to its haco! business to its consolidated subsidiary 株式会社cd. through a company split (simplified absorption-type company split). Based on the absorption-type company split agreement entered into on the same day, the Company carried out the Absorption-Type Company Split effective 1 March 2020.」
The absorption-type company split transferring the haco! business to cd. was completed effective 1 March 2020, and the conversion of cd. into a wholly owned subsidiary was also completed. The stated objectives are to accelerate decision-making, enhance organisational autonomy, create new businesses, and expand business through corporate collaboration. - FY2020-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 20 December 2019, the Company resolved to transfer the rights and obligations relating to its haco! business to its consolidated subsidiary 株式会社cd. through a company split (簡易吸収分割, a simplified absorption-type company split; the “Absorption-Type Company Split”), with 1 March 2020 (scheduled) as the effective date. The Company entered into an absorption-type company split agreement on the same day.」
The Company resolved to transfer the haco! business to 株式会社cd. through a company split and entered into an agreement. The objectives are to accelerate decision-making, enhance organisational autonomy, create new businesses, increase the speed of business expansion through corporate collaboration, and improve profitability across the Group. The ownership ratio of cd. is scheduled to increase from 66.7% as of 30 November 2019 to 100.0% by 20 January 2020.