Expanding the apparel e-commerce marketplace and customer base through the acquisition of Fashionwalker
First written in FY2020. 2 of 4 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021AchievedAnnual report
「Regarding Fashionwalker Co., Ltd., which became a wholly owned subsidiary on 20 July 2020, the company determined that database integration and other measures were necessary to maximize operational synergies with Fashionwalker while carrying out the procedures for making it a wholly owned subsidiary, and decided to absorb the company through a merger to achieve that objective.」
Following Fashionwalker's conversion into a wholly owned subsidiary, an absorption-type merger was conducted on 1 September 2020 to realize operational synergies through database integration and other measures, completing the acquisition and integration phase. - FY2021-Q3AdvancedAnnual report
「Regarding Fashionwalker Co., Ltd., which became a wholly owned subsidiary on 20 July 2020, the company determined that database integration and other measures were necessary to maximize operational synergies with Fashionwalker while carrying out the procedures for making it a wholly owned subsidiary, and decided to absorb the company through a merger to achieve that objective.」
Following the acquisition of all shares of Fashionwalker, an absorption-type merger was conducted on 1 September 2020 to realize operational synergies through database integration and other measures. - FY2021-Q2AdvancedAnnual report
「On 20 July 2020, the company acquired all shares of Fashionwalker Co., Ltd. and included the company in the scope of consolidation from the current second quarter of the consolidated fiscal year.」
The acquisition of all shares of Fashionwalker was completed and the company was made a consolidated subsidiary. The company also resolved to conduct an absorption-type merger effective 1 September 2020 for purposes including database integration. - FY2020First statedAnnual report
「We reached this basic agreement because we determined that bringing Fashionwalker's e-commerce marketplace business into our group would generate significant synergies with LOCONDO.jp, further strengthen our services, and expand our customer base. The scheduled date for completing the share transfer was July 2020.」
On 7 May 2020, the company resolved to enter into a basic agreement and newly announced plans to expand its apparel business, strengthen its services, and broaden its customer base by bringing Fashionwalker's e-commerce marketplace business into the group.