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Yrglm (3690) · InitiativeAchieved

Transfer of the EC Contract Development Business to an Affiliate and Concentration of Resources on the Marketing Platform Business

First written in FY2017-Q2. 1 of 4 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2018-Q1.

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ProgressHeldSoftenedWorseFirst statedFY2017-Q2AdvancedFY2017-Q3RestatedFY20172017: 320172018: 12018
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  1. FY2018-Q1AchievedAnnual report

    「The contract-based EC development business, which was included in the commerce platform business in the same period of the previous year, was transferred to affiliated companies including 株式会社ラジカルオプティ, as announced on 9 May 2017.」

    The transfer of the contract-based EC development business to an affiliated company was described as completed, rather than as being at the decision or resource reallocation stage.
  2. FY2017RestatedAnnual report

    「The company decided to transfer operations for the contract-based EC development business, which forms part of its business, to affiliated companies 株式会社ラジカルオプティ and 有限会社彩, and has been reallocating management resources.」

    The annual report also described the ongoing transfer of the contract-based EC development business to affiliated companies and the reallocation of management resources.
  3. FY2017-Q3AdvancedAnnual report

    「As announced on 9 May 2017, the company decided to transfer operations for the contract-based EC development business, which forms part of SOLUTION, to affiliated companies 株式会社ラジカルオプティ and 有限会社彩, and has been reallocating management resources.」

    The company described progress in the transfer of the contract-based EC development business to affiliated companies, moving from the decision stage to the stage of reallocating management resources.
  4. FY2017-Q2First statedAnnual report

    「Against this backdrop, with the aim of concentrating human resources, particularly engineers, on the marketing platform business and accelerating growth, the company decided to reallocate management resources by transferring operations for the contract-based EC development business, which forms part of the commerce platform business, to affiliated companies 株式会社ラジカルオプティ and 有限会社彩, and to reassign personnel allocated to the contract-based EC development business. Through this move, the company will clarify the division of roles among group companies and work to further enhance corporate value.」

    This subsequent event was decided at the Board of Directors meeting held on 9 May 2017. The company will transfer the contract-based EC development business to affiliated companies and primarily reassign personnel from that business to the marketing platform business. The transfer was scheduled for completion on 30 September 2017. Revenue from the contract-based EC development business was ¥246 million in the fiscal year ended September 2016, representing 15.2% of consolidated revenue.
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Transfer of the EC Contract Development Business to an Affiliate and Concentration of Resources on the Marketing Platform Business | YRGLM Inc. (3690) | Komori