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Yrglm (3690) · InitiativeRestated

Transition of the EC-CUBE Business to an Independent Operating Structure and Greater Flexibility in Capital and Business Alliances

First written in FY2019-Q1. 3 of 7 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2021-Q3.

7entries
3years
0from disclosures
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ProgressHeldSoftenedWorseAdvancedFY2019-Q2 – FY2021-Q12019: 420192020: 020202021: 32021
Same theme, other companies
Making the EC-CUBE business an independent company and expanding external alliancesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2021-Q3RestatedAnnual report

    「In addition, on 21 December 2020, 株式会社イーシーキューブ entered into a capital and business alliance agreement with Orient Corporation. Through this alliance, the company is working to expand sales of ec-cube.co, the cloud version of EC-CUBE, to support the digital transformation of Orico merchants.」

    The Company has reconfirmed the capital and business alliance between 株式会社イーシーキューブ and Orient Corporation and efforts to expand sales of ec-cube.co to Orico merchants.
  2. FY2021-Q2RestatedAnnual report

    「In addition, on 21 December 2020, 株式会社イーシーキューブ entered into a capital and business alliance agreement with Orient Corporation. Through this alliance, the company is working to expand sales of ec-cube.co, the cloud version of EC-CUBE, to support the digital transformation of Orico merchants.」

    The Company has reconfirmed the capital and business alliance agreement between 株式会社イーシーキューブ and Orient Corporation and efforts to expand sales of ec-cube.co to Orico merchants.
  3. FY2021-Q1AdvancedAnnual report

    「Through Orient Corporation’s capital participation in 株式会社イーシーキューブ, the Company is promoting a business alliance to encourage the provision of the ec-cube.co EC development support platform to Orient Corporation’s merchants, with the aim of expanding the EC development support platform business by effectively leveraging the knowledge and strengths held by both parties.」

    The Company entered into a capital and business alliance for the EC-CUBE business by transferring a 10% stake to Orient Corporation for ¥155 million, and began pursuing business expansion by promoting the provision of ec-cube.co to its merchants. The Company continues to hold 90% of the voting rights after the transfer, retaining the status of a consolidated subsidiary.
  4. FY2019AchievedAnnual report

    「The EC-CUBE business is being transferred to the company in order to move the business to an independent operating structure, enable flexible decision-making, including the formation of capital and business alliances with leading companies, and achieve further growth in the business. Business combination date: 1 January 2019」

    The EC-CUBE business was transferred to 株式会社イーシーキューブ on 1 January 2019, completing the transition to an independent operating structure.
  5. FY2019-Q3AdvancedAnnual report

    「During the cumulative consolidated third quarter, the Company newly established 株式会社イーシーキューブ and included it in the scope of consolidation.」

    In connection with the transition of the EC-CUBE business to an independent operating structure, the Company newly established 株式会社イーシーキューブ and made it a consolidated subsidiary.
  6. FY2019-Q2AdvancedAnnual report

    「During the cumulative second quarter, the Company’s employee count decreased from 107 at the end of the previous fiscal year to 103, due to the transfer of the EC-CUBE business, the principal business of the Commerce Platform Business, to 株式会社イーシーキューブ, a wholly owned subsidiary.」

    The impact of transferring the EC-CUBE business to 株式会社イーシーキューブ, the Company’s wholly owned subsidiary, was reflected in the employee composition of the filing company.
  7. FY2019-Q1First statedAnnual report

    「The Company is implementing this absorption-type company split to transfer the EC-CUBE business, the principal business of the Commerce Platform Business, to an independent operating structure and enable flexible decision-making, including the formation of capital and business alliances with leading companies, in order to achieve further growth in the EC-CUBE business.」

    The Company presented a plan to transfer the EC-CUBE business to 株式会社イーシーキューブ, established in October 2018, through an absorption-type company split effective 1 January 2019, and pursue independent operations and capital and business alliances with external companies.
Moved together

"Higher revenue and lower profit in the marketing platform business" moved the same way as this thread, in the same document, in 4 of its 7 moves.

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  1. ★This thread
  2. 1Higher revenue and lower profit in the marketing platform business4×
  3. 2Higher revenue and a sharp decline in profit in the commercial transaction platform business3×
  4. 3Increase in employee headcount accompanying business expansion3×
  5. 4Revenue increased, while operating profit, ordinary profit and net income declined3×
  6. 5Capital Investment Plan for Servers, Network Equipment and Software Used to Provide Services3×
  7. 6Providing an Integrated Marketing Environment Combining Measurement and Data Utilization2×

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Transition of the EC-CUBE Business to an Independent Operating Structure and Greater Flexibility in Capital and Business Alliances | YRGLM Inc. (3690) | Komori