Joint Development of Storage Services Through the Acquisition of IzumoBASE
First written in FY2019-Q1. 2 of 4 entries say "Restated". Latest entry: FY2019.
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- FY2019RestatedAnnual report
「In August 2018, IzumoBASE株式会社 became a consolidated subsidiary through the acquisition of its shares, with the end of the current second quarter consolidated accounting period designated as the deemed acquisition date.」
The completed acquisition of all shares of IzumoBASE and its inclusion as a consolidated subsidiary were reconfirmed in the full-year business and results discussion. Completion of the joint development of storage services was not mentioned. - FY2019-Q3RestatedAnnual report
「In August 2018, IzumoBASE株式会社 became a consolidated subsidiary through the acquisition of its shares, with the end of the current second quarter consolidated accounting period designated as the deemed acquisition date.」
The completed acquisition of all shares of IzumoBASE and its inclusion as a consolidated subsidiary were reconfirmed in the current quarter's business and results discussion. Completion of the joint development of storage services was not mentioned. - FY2019-Q2AdvancedAnnual report
「During the current second quarter consolidated accounting period, IzumoBASE株式会社 became a consolidated subsidiary following the acquisition of all its shares.」
The acquisition of all shares of IzumoBASE and its inclusion as a consolidated subsidiary were completed. The acquired voting rights ratio was 100%, the acquisition date was 10 August 2018, the deemed acquisition date was 30 September 2018, and the acquisition cost was ¥9.562 million. The joint development of an optimized storage service was described as a future plan, with no indication that the service development itself had been completed. - FY2019-Q1First statedAnnual report
「Under its corporate mission of contributing to the realization of a future filled with creativity and wonder opened up by the Internet through the provision of data center services that expand the potential of people and businesses, the Company has developed a cost-competitive data center business, including hosting and colocation, combining economies of scale with flexibility, and has worked to expand its IT infrastructure services. Going forward, the Company intends to welcome Izumo into the Group, jointly develop an optimized storage service within its service lineup, and improve customer satisfaction and expand convenience.」
The Company resolved to acquire all shares of IzumoBASE株式会社 and make it a subsidiary, and signed a share transfer agreement. The business combination date was scheduled for 10 August 2018, and the acquired voting rights ratio was 100%. The plan to incorporate storage technology and personnel and jointly develop an optimized storage service was disclosed for the first time.