Focusing on the Cloud Media Business by Downsizing the Low-Margin Agency Business
First written in FY2019-Q2. 3 of 7 entries say "Restated". Latest entry: FY2021-Q3.
4 other companies' latest entry also says "Cited as achieved".
- FY2021-Q3Cited as achievedAnnual report
「As of 1 October 2020, the sale of Real X Co., Ltd., which operated “Gendama,” a service that had been run by our Group since its founding and whose business structure involved substantial liabilities, was completed. In addition, AI Marketing Co., Ltd. and Kachiko Co., Ltd., previously consolidated subsidiaries of the Company, were absorbed and merged into the Company to reduce administrative costs.」
The sale of Real X, which operated Gendama, and the absorption merger of AI Marketing and Kachiko are reiterated as completed measures to focus resources and reduce administrative costs. - FY2020AchievedAnnual report
「In August 2020, we resolved to sell Real X Co., Ltd., which operated “Gendama,” a service that had been run by our Group since its founding and whose business structure involved substantial liabilities. In addition, to reduce administrative costs, we merged our consolidated subsidiaries AI Marketing Co., Ltd. and Kachiko Co., Ltd. into the Company effective 1 October 2020, and thoroughly reviewed outsourcing expenses and other costs.」
The sale of Real X, which operated the mature points-based media platform Gendama, and the absorption merger of AI Marketing and Kachiko were completed, concretely implementing the strategy of focusing resources and reducing administrative costs. - FY2020-Q3RestatedAnnual report
「Regarding “Gendama”, which operates in the mature point-media market, we entered into a basic agreement on the transfer of the business to promote the selective concentration of resources on higher-growth businesses. The scheduled transfer date is by the end of September 2020, and completion of the transfer will allow us to concentrate resources on higher-growth business areas and promote business growth.」
The basic agreement on the transfer of the Gendama business, the planned transfer by the end of September 2020 and the policy of concentrating resources on growth areas have been reconfirmed. - FY2020-Q2AdvancedAnnual report
「Regarding “Gendama”, which operates in the mature point-media market, we entered into a basic agreement on the transfer of the business to promote the selective concentration of resources on higher-growth businesses. The scheduled transfer date is by the end of September 2020, and completion of the transfer will allow us to concentrate resources on higher-growth business areas and promote business growth.」
The scope of selective concentration has expanded beyond the low-margin agency business and BPO subsidiaries to include the mature point-media business Gendama, with a basic agreement on the business transfer and a planned transfer by the end of September 2020. - FY2020-Q1RestatedAnnual report
「To advance the selection and concentration of management resources, the Company transferred its shares in 株式会社マークアイ and ノーザンライツ株式会社 during the previous consolidated fiscal year.」
The policy of selectively concentrating management resources away from low-margin, labour-intensive areas has been reconfirmed, accompanied by the actual transfer of subsidiary shares in the previous consolidated fiscal year. - FY2019-Q3RestatedAnnual report
「Meanwhile, to advance the selective concentration of management resources, we are reducing our low-margin agency business.」
Measures to reduce the low-margin agency business and selectively concentrate management resources continue. - FY2019-Q2First statedAnnual report
「Meanwhile, to advance the selective concentration of management resources, we are reducing our low-margin agency business.」
Within the Cloud Media Business, the first concrete measure to reduce the low-margin agency business and selectively concentrate management resources was presented.