Establishment of a Joint Venture in Thailand for Renovation of Existing Homes and Related Activities
First written in FY2019-Q2. 2 of 6 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023AdvancedAnnual report
「March 2023 Opened the first franchise store under the "House Do" brand in Thailand」
The first franchise store under the "House Do" brand opened in Thailand in March 2023. Overseas expansion through H-DO(THAILAND)Limited progressed to the store-opening stage, following the establishment of the joint venture and the acquisition of the debt collection and management business as a subsidiary. - FY2020RestatedAnnual report
「On 15 January 2020, our equity-method affiliate H-DO(THAILAND)Limited acquired shares in Capital Link Asset Management Limited, a subsidiary of our joint investor Capital Link Holding Limited, and made it a subsidiary.」
The conversion of the debt collection and management company into a subsidiary by H-DO(THAILAND)Limited is reiterated as a material contract and other material agreement. - FY2020-Q3RestatedAnnual report
「On 15 January 2020, our equity-method affiliate H-DO(THAILAND)Limited acquired shares in Capital Link Asset Management Limited, a subsidiary of our joint investor Capital Link Holding Limited, and made it a subsidiary.」
The conversion of Capital Link Asset Management Limited into a subsidiary by H-DO(THAILAND)Limited is reiterated as a material management contract and other material agreement. - FY2020-Q2AdvancedAnnual report
「On 15 January 2020, our equity-method affiliate H-DO(THAILAND)Limited acquired shares in Capital Link Asset Management Limited, a subsidiary of our joint investor Capital Link Holding Limited, and made it a subsidiary.」
H-DO(THAILAND)Limited acquired 249,997 shares of Capital Link Asset Management Limited, completing its conversion into a wholly owned subsidiary. The acquisition price was THB 38 million, bringing the debt collection and management business into the group. - FY2019-Q3AchievedAnnual report
「On 20 February 2019, we established the joint venture H-DO(THAILAND)Co.,Ltd. and included it within the scope of equity-method accounting.」
The planned establishment of H-DO(THAILAND)Co.,Ltd. was completed on 20 February 2019, and the company became an equity-method affiliate. - FY2019-Q2First statedAnnual report
「H-DO(THAILAND)Co., Ltd. is our first overseas affiliate and serves as a foothold for expanding our business in Asia. In Thailand, where the real estate market is expected to grow alongside economic growth, we aim to leverage the real estate distribution expertise we have developed in Japan, contribute to the development and revitalization of the real estate market, and expand our franchise network to 500 stores in the country.」
On 25 January 2019, we entered into a joint venture agreement and first disclosed plans to conduct businesses including used-home renovation, loan servicing and franchising through H-DO(THAILAND)Co., Ltd., which was scheduled to be established in February 2019. 株式会社ハウスドゥ was scheduled to hold a 48.0% stake, and capital was to be increased from THB 1 million to THB 73 million.