Maximizing synergies among group companies
First written in FY2016. 1 of 4 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2022.
1 other company's latest entry also says "Dropped".
- FY2022DroppedAnnual report
「As a result, there were no longer any consolidated subsidiaries, and the company moved to non-consolidated accounting from the first quarter of the 23rd fiscal year.」
The transfer of all shares in Tribal Media House eliminated the consolidated subsidiary, and the theme premised on synergies among group companies disappeared from the disclosures. - FY2021SoftenedAnnual report
「However, as the expertise required for owned-media projects and social-media projects grew more specialized, the number of joint projects between the two companies, which had been intended to result from the capital alliance, declined, and the situation continued in which we were unable to realize sufficient group synergies between the company and TMH.」
Regarding synergies among group companies, it was disclosed that joint projects with TMH had declined and that the expected benefits had not been fully realized. - FY2017-Q3AdvancedAnnual report
「As part of these efforts, effective 1 December 2016, we absorbed Netyear Craft Co., Ltd., a wholly owned subsidiary primarily engaged in website production and operations, with the company remaining as the surviving entity.」
The company completed an absorption-type merger of a wholly owned subsidiary to improve the efficiency of management and organizational operations across the group. - FY2016First statedAnnual report
「We will seek to maximize synergies across the group by strengthening the specialized services and expertise of each group company and further deepening their sharing and use across the group.」
The company identified strengthening expertise, sharing expertise and standardizing back-office functions and internal systems as key initiatives.