Capital and Business Alliance with Rakuten and Joint Businesses
First written in FY2016. 2 of 8 entries say "Restated". Latest entry: FY2021-Q2.
The whole theme swung hardest in 2025: 2 of 13 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2021-Q2DroppedAnnual report
「株式会社ReDucate, formerly an equity-method affiliate, was excluded from the scope of equity-method accounting from the second quarter because its liquidation was completed.」
ReDucate, which was related to the joint business with Rakuten, completed its liquidation and was excluded from the scope of equity-method accounting. - FY2019RestatedAnnual report
「株式会社ReDucate changed from the Company’s consolidated subsidiary to an equity-method affiliate in connection with the third-party allotment carried out on 13 May 2016, for which the Company and Rakuten, Inc. were the subscribers.」
ReDucate, which is related to the joint business with Rakuten, continues to be described as an equity-method affiliate. The change in the other affiliated company from Rakuten to Bandai Namco Holdings Inc. has been confirmed separately. - FY2019-Q3RestatedAnnual report
「During the current second quarter consolidated accounting period, Rakuten, Inc., which was the Company’s other affiliated company, transferred all of the Company’s shares it held to Bandai Namco Holdings Inc. As a result, Rakuten, Inc. ceased to qualify as the Company’s other affiliated company, and Bandai Namco Holdings Inc. became the Company’s other affiliated company instead.」
The company continues to describe the change in its other affiliated company from Rakuten to Bandai Namco Holdings Inc. - FY2019-Q2ReframedAnnual report
「During the current second quarter consolidated accounting period, Rakuten, Inc., which was the Company’s other affiliated company, transferred all of the Company’s shares it held to Bandai Namco Holdings Inc. As a result, Rakuten, Inc. ceased to qualify as the Company’s other affiliated company, and Bandai Namco Holdings Inc. became the Company’s other affiliated company instead.」
Following the transfer of the Company’s shares, the other affiliated company changed from Rakuten to Bandai Namco Holdings Inc. - FY2017AdvancedAnnual report
「In November 2016, Rakuten, Inc., the Company’s major shareholder, subscribed for the capital increase conducted by株式会社ReDucate. As a result, the Company’s ownership ratio in ReDucate became 33.34%.」
The annual report definitively states that, following the additional capital contribution to ReDucate, the Company’s ownership became 33.34% and its status changed from a consolidated subsidiary to an equity-method affiliate. - FY2017-Q2SoftenedAnnual report
「Ownership ratios after the additional investment: Rakuten, Inc. 66.66%; 株式会社ドリコム 33.34%」
The company states that, following ReDucate’s third-party allotment, Drecom’s ownership ratio was expected to decline from 50% to 33.34%, while Rakuten’s ownership ratio was expected to become 66.66%. - FY2017-Q1Changed from inclusion in the consolidated scope to an equity-method affiliateAnnual report
「During the current first quarter cumulative consolidated period,株式会社ReDucate was excluded from the consolidated scope due to a change in the ownership ratio and became an equity-method affiliate.」
With respect to ReDucate, which is related to the joint business with Rakuten, its status changed from a consolidated subsidiary to an equity-method affiliate due to a change in the ownership ratio. - FY2016First statedAnnual report
「The company and Rakuten established a joint venture and began operating a social learning business on 5 November 2014. The relationship is broad and friendly, including the concurrent service of Rakuten executive officer Ishikawa Tomoya (石川 智哉) as an outside director of the Company.」
The company plans to maintain its capital and business alliance with Rakuten, the social learning business operated through the joint venture, and its relationship with Rakuten, including concurrent appointments of officers. Rakuten’s voting rights ownership ratio is 19.24%.