Expansion of Overseas Publishing SaaS and D2C Businesses Through Making Supadü Limited an Indirect Subsidiary
First written in FY2022. 2 of 6 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1ReframedAnnual report
「At a meeting of the Board of Directors held on 30 September 2026, we resolved to transfer all shares and equity interests in our consolidated subsidiaries Quality Solutions, Inc., NetGalley, LLC and its 3 subsidiaries to Valsoft Corporation Inc., and completed the transfer on 5 October 2026.」
Regarding the overseas publishing SaaS and D2C businesses, including Supadü, the company transferred the related group of companies and changed the business model to one operated under a partner with specialized expertise. - FY2024AdvancedAnnual report
「While the number of publisher contracts, representing our customers, steadily increased, the low churn rate among existing customers improved sales as corporate contracts accumulated, contributing to a reduction in the loss in the strategic investment business during the consolidated fiscal year.」
In the overseas publishing SaaS business, including Supadü, sales improved as the number of publisher contracts increased and churn remained low, contributing to a reduction in the loss in the strategic investment business. - FY2024-Q2AdvancedAnnual report
「The steady accumulation of recurring revenue through the SaaS-based business model in the international business」
The company explained that recurring revenue is steadily accumulating in the international business through its SaaS-based business model. - FY2023-Q2RestatedAnnual report
「Supadü Limited became a consolidated subsidiary through the acquisition of its shares by our consolidated subsidiary NetGalley UK Ltd.」
The acquisition and inclusion of Supadü Limited as a consolidated subsidiary was also confirmed in the second-quarter report. - FY2023-Q1Update to acquisition details and consolidation treatmentAnnual report
「Supadü Limited has become a consolidated subsidiary.” “We determined that synergies between the company, which provides integrated SaaS-based e-commerce solutions to leading companies in the European and U.S. publishing industries, and Firebrand Group, which provides various services to the publishing industry, primarily in North America, would enable us to expand our group’s international business, and consequently acquired all of the company’s shares.」
The acquisition of all shares of Supadü Limited has been reflected as its inclusion as a consolidated subsidiary, with synergies from its SaaS-based e-commerce solutions and Firebrand Group presented as a means of expanding the international business. The acquisition cost was ¥931 million, and goodwill was ¥922 million. - FY2022AchievedAnnual report
「In February 2022, the Company acquired and added to the Group Supadü Limited, based in London, UK, which provides SaaS-based direct-to-publisher websites and D2C marketing capabilities, as part of its efforts to create a second earnings pillar.」
Added Supadü to the Group in February 2022 and incorporated publisher-direct website SaaS and D2C marketing capabilities as a new earnings pillar in the international business.