Transition to a holding company structure and reorganization of group management functions
First written in FY2019. 1 of 3 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020AchievedAnnual report
「The Company transitioned to a holding company structure effective 1 April 2020.」
Following approval and execution of the absorption-type company split agreement, the Company completed the transition to a holding company structure on 1 April 2020. - FY2020-Q1AdvancedAnnual report
「The company split agreement was approved at the annual general meeting of shareholders held on 27 June 2019. At a meeting of the Board of Directors held on 15 May 2019, the Company resolved to execute the absorption-type company split agreement and subsequently entered into the agreement.」
Regarding the transition to a holding company structure, the company split agreement was approved at the annual general meeting of shareholders, and the absorption-type company split agreement has been executed. The effective date remains scheduled for 1 April 2020. - FY2019First statedAnnual report
「At a meeting of the Board of Directors held on 19 April 2019, the Company resolved to transition to a holding company structure through an absorption-type company split, with 1 April 2020 as the effective date, subject to approval at the annual general meeting of shareholders scheduled for 27 June 2019 and, where necessary, obtaining permits and approvals from the relevant government authorities. The Company also resolved to establish on 22 April 2019 a wholly owned subsidiary, 株式会社エムアップ分割準備会社, as the company preparing for the split.」
The Company resolved to transition to a holding company structure through an absorption-type company split, scheduled for 1 April 2020, to optimize the allocation of management resources to its expanded business base, clarify roles, responsibilities and authority, accelerate decision-making, and develop management personnel.