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SAKURA internet (3778) · InitiativeCited as achieved

Acquisition of Shares in ビットスター and Conversion into a Consolidated Subsidiary through a Shareholders’ Agreement

First written in FY2018-Q2. 4 of 7 entries say "Cited as achieved", first in FY2019-Q1. Latest entry: FY2019.

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ProgressHeldSoftenedWorseFirst statedFY2018-Q2AdvancedFY2018-Q3 – FY2018Cited as achievedFY2019-Q1 – FY20192017: 120172018: 420182019: 22019
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  1. FY2019Cited as achievedAnnual report

    「As revenue from government satellite data projects was recognized and sales contributed by ビットスター株式会社, which became a consolidated subsidiary at the end of the second quarter of the previous fiscal year, among other factors, sales from other services amounted to ¥4,275,943 thousand, up 44.9% from the previous consolidated fiscal year.」

    The completed consolidation of ビットスター is cited, together with government satellite data projects, as a factor driving the full-year increase in sales from other services.
  2. FY2019-Q3Cited as achievedAnnual report

    「As revenue from government satellite data projects was recognized and sales contributed by ビットスター株式会社, which became a consolidated subsidiary at the end of the second quarter of the previous fiscal year, sales from other services amounted to ¥2,666,388 thousand, up 20.7% year on year.」

    The completed consolidation of ビットスター continues to be cited, together with government satellite data projects, as a factor driving the increase in sales from other services.
  3. FY2019-Q2Cited as achievedAnnual report

    「As revenue from government satellite data projects was recognized and sales contributed by ビットスター株式会社, which became a consolidated subsidiary at the end of the second quarter of the previous fiscal year, sales from other services amounted to ¥1,522,399 thousand, up 20.5% year on year.」

    The completed consolidation of ビットスター is cited, together with government satellite data projects, as a factor behind sales from other services of ¥1,522,399 thousand, up 20.5% year on year.
  4. FY2019-Q1Cited as achievedAnnual report

    「As equipment sales, domain registration services and other offerings performed well, and sales contributed by アイティーエム株式会社, which became a consolidated subsidiary in the fourth quarter of the previous fiscal year, and ビットスター株式会社, which became a consolidated subsidiary at the end of the second quarter of the previous fiscal year, progressed favorably, sales from other services amounted to ¥680,500 thousand, up 10.3% year on year.」

    The completed consolidation of ビットスター continues to be cited as a factor contributing to sales from other services during the quarter.
  5. FY2018AchievedAnnual report

    「As a result of efforts to acquire new customers and increase usage among existing customers through the active addition of new features to its VPS and cloud services, together with the revenue contribution from ビットスター株式会社, which became a consolidated subsidiary at the end of the second quarter, revenue from VPS and cloud services came to ¥4,615 million, up 25.3% from the previous consolidated fiscal year.」

    Following the acquisition of shares and the shareholders' agreement in September 2017, the consolidation of ビットスター was reflected in full-year results, with its contribution to VPS and cloud service sales confirmed as a 25.3% year-on-year increase.
  6. FY2018-Q3AdvancedAnnual report

    「In January 2017, we acquired shares of アイティーエム株式会社 (formerly エヌシーアイ株式会社), and in September 2017, we made ビットスター株式会社 a consolidated subsidiary through a share acquisition and an agreement among shareholders.」

    After ビットスター became a consolidated subsidiary, its contribution to sales of VPS, cloud services and other offerings was confirmed on a cumulative nine-month basis. The disclosure also states that the number of employees increased by 43 as a result of the consolidation.
  7. FY2018-Q2First statedAnnual report

    「During the second quarter of the current fiscal year, ビットスター株式会社 became a consolidated subsidiary as a result of the newly completed acquisition of shares and a shareholders' agreement.」

    On 15 September 2017, we entered into a share transfer agreement and a shareholders' agreement and acquired 42% of the shares of ビットスター株式会社. It became a consolidated subsidiary effective 29 September 2017, with the end of the second quarter of the current fiscal year designated as the deemed acquisition date. The shareholders' agreement also covers matters relating to management and shares.
Moved together

"Coexistence of Cloud and VPS Growth and Intensifying Price Competition in Housing" moved the same way as this thread, in the same document, in 2 of its 7 moves.

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  1. ★This thread
  2. 1Coexistence of Cloud and VPS Growth and Intensifying Price Competition in Housing2×
  3. 2Sustained Revenue Growth and Performance Plan for the Fiscal Year Ending March 20172×
  4. 3Enhancing Highly Profitable Hosting and Cloud Services2×
  5. 4Securing Engineers and Retaining Technical Talent for Growth2×
  6. 5Differentiation through cost-effectiveness and a diverse range of service offerings2×

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Acquisition of Shares in ビットスター and Conversion into a Consolidated Subsidiary through a Shareholders’ Agreement | SAKURA internet Inc. (3778) | Komori