Entry into sports branding through the acquisition of ase as a subsidiary
First written in FY2024. 1 of 3 entries say "Advanced", first in FY2025-H1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「The group is positioning its AI business, which combines AI with its core business since founding, IP × technology, as the main pillar of its future business and is concentrating its resources on selected business areas. Against this backdrop, while researching and negotiating with potential buyers for ase, the company reached an agreement with ase Representative Director Kumamoto Hiroshi (熊本 浩志) and proceeded with the transfer of the shares.」
The status changed from ase becoming a subsidiary in the sports branding field to the transfer of all shares and its removal from consolidation, based on the decision to concentrate on the AI business. - FY2025-H1AdvancedAnnual report
「On 24 April 2024, the company acquired 55% of the issued shares of 株式会社アマダナスポーツエンタテインメント, which changed its corporate name to 株式会社ase in June 2024. As a result, the company became a consolidated subsidiary. Additional voting rights acquired on the business combination date: 30%. Voting rights ownership after the acquisition: 85%.」
The acquisition of ase as a subsidiary disclosed in FY2024 was completed, and during the interim consolidated accounting period the voting rights ownership increased from 55% to 85% through an additional acquisition. The business of deploying IP and production capabilities to sports clubs, universities and other organisations is reflected in the consolidated results. - FY2024First statedAnnual report
「The acquisition was undertaken because the company expected to enhance the corporate value of both companies by providing ase with its expertise and production capabilities in the IP business to support ase's further growth, while also developing new revenue sources for the company by rolling out its services and products to professional and amateur sports clubs, universities and other organisations. Number of shares held after the acquisition: 17,600 shares (voting rights ownership: 55.0%). At a board meeting held on 24 April 2024, the company resolved to acquire the shares of 株式会社アマダナスポーツエンタテインメント and make it a subsidiary, and acquired the shares on the same date.」
On 24 April 2024, ase became a subsidiary with 55.0% of voting rights, and the company disclosed a new revenue source involving the deployment of its IP and production capabilities in branding for sports clubs, universities and other organisations.