Expansion of the Sports e-Commerce Business and Customer Base Through the Acquisition of Fair Play
First written in FY2022-Q1. 4 of 7 entries say "Restated". Latest entry: FY2024-Q3.
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- FY2024-Q3RestatedAnnual report
「Driven by the Reebok business, gross merchandise value for the cumulative first nine months was ¥19,742.225 million, an increase of 15.6% year on year.」
The group continues to operate a business portfolio that includes e-commerce marketplace operations such as SWS and businesses including Reebok. - FY2023RestatedAnnual report
「We operate LOCONDO.jp, FASHIONWALKER, SPORTS WEB SHOPPERS and waja bazar, and also sell through other companies' marketplaces, including Rakuten Ichiba and Yahoo! Shopping,」
We continue to operate multiple e-commerce marketplaces, including SWS, in connection with the acquisition of Fair Play. - FY2023-Q1RestatedAnnual report
「We operate LOCONDO.jp, FASHIONWALKER, SPORTS WEB SHOPPERS and waja bazar, and also sell through other companies' marketplaces, including Rakuten Ichiba and Yahoo! Shopping,」
We continue to operate e-commerce marketplaces, including SWS, in connection with the acquisition of Fair Play. - FY2022RestatedAnnual report
「Having made 株式会社フェアプレイ a wholly owned subsidiary on 15 July 2021, we determined that integrating databases and taking other measures would be necessary to maximize operational synergies with the company while carrying out the procedures for making it a wholly owned subsidiary. To achieve this objective, we decided to merge the company through an absorption-type merger.」
Following the acquisition of all shares in Fair Play, the absorption-type merger on 1 September 2021 and the start of SWS operations were confirmed as results for the fiscal year. - FY2022-Q3AchievedAnnual report
「As a result, repeated requests to refrain from going out caused demand for the footwear that is our core product to decline substantially, and its recovery remains limited. In the EC mall business, however, we captured demand for a shift from stores to EC, in addition to the absorption-type merger of SPORTS WEB SHOPPERS,」
The absorption-type merger planned after the acquisition of Fair Play was described as completed, with the absorption-type merger of SPORTS WEB SHOPPERS included as completed business results, indicating that integration of the sports e-commerce business had been reached. - FY2022-Q2AdvancedAnnual report
「Business combination date 15 July 2021 Voting rights acquired 100%」
The acquisition of all shares in Fair Play was completed on 15 July 2021, resulting in a 100% voting interest. The absorption-type merger scheduled to take effect on 1 September 2021 was described as being at the planning stage. - FY2022-Q1First statedAnnual report
「FP operates an e-commerce marketplace business centered on the SWS e-commerce site. Our e-commerce marketplace business aims to strengthen its sports offering, and we believe that bringing Fair Play's e-commerce marketplace business into our group will generate significant synergies with LOCONDO.JP, further strengthen our services and expand our customer base.」
The company first disclosed its plan to incorporate 株式会社フェアプレイ's e-commerce marketplace business to strengthen its sports offering and expand its customer base. It planned to acquire all shares for ¥220 million and merge the company through an absorption-type merger, effective 1 September 2021.