Bringing Transportation Functions In-House Through the Acquisition of Formal Trans, LLC
First written in FY2025. 3 of 6 entries say "Advanced", first in FY2026. Latest entry: FY2027-H1.
0 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「株式会社BUYMA TRAVEL acquired shares in Krystal Enterprise Limousine, Inc. during the current interim consolidated accounting period, and the company has therefore been included in the scope of consolidation from the current interim consolidated accounting period.」
The acquisition of Krystal Enterprise Limousine, Inc., planned in the previous fiscal year, was carried out on 1 May 2026, and the Company is expanding its transportation business with the company as a consolidated subsidiary in which it holds a 100% voting interest. - FY2026AdvancedAnnual report
「The acquisition of shares in Krystal Enterprise Limousine, Inc. and bringing it into the group will further accelerate these efforts. The aim is to expand the scale of the transportation business in Hawaii, further diversify it, and improve the ability to respond to diverse customer needs and enhance service quality.」
Following the in-house provision of transportation services through Formal Trans LLC, the Company has disclosed a plan to acquire 100% of Krystal Enterprise Limousine, Inc. in April 2026 and further expand its transportation business in Hawaii. - FY2026-H1AchievedAnnual report
「Business combination date: 1 February 2025 (deemed acquisition date: 31 March 2025)」
The acquisition of the equity interests in Formal Trans LLC planned in the previous fiscal year was completed, and the company has been included in the scope of consolidation from the current interim consolidated accounting period. The voting rights acquired totaled 100%, and the Company has moved into the stage of bringing Hawaii transportation services in-house. - FY2025First statedAnnual report
「We believe that expanding earnings will be possible by bringing transportation services in-house through the conversion of FM into a second-tier subsidiary.」
The Company disclosed a plan to acquire 100% of the equity interests in Formal Trans, LLC on 1 February 2025 and bring its limousine and chauffeured-car services in Hawaii into the group. The acquisition price is stated as US$2.9 million (¥435 million).