Expansion of the AI business through a capital and business alliance with TDSE
First written in FY2020-Q1. 2 of 4 entries say "Restated". Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021RestatedAnnual report
「Even after the dissolution of the capital alliance, the two companies will continue to cooperate in developing integrated AI solutions.」
The capital alliance with TDSE has been dissolved, while the business alliance concerning the development of integrated AI solutions continues. - FY2021-Q1RestatedAnnual report
「Even after the dissolution of the capital alliance, the two companies will continue to cooperate in developing integrated AI solutions.」
Although the capital alliance with TDSE was dissolved, the company reconfirmed that the business alliance concerning the development of integrated AI solutions would continue. - FY2020SoftenedAnnual report
「Because the company determined that its intended transformation of its business structure needed to proceed more cautiously, it concluded that a capital alliance was not necessarily required at present, and that the companies could maintain their existing favorable business relationship and achieve certain results even without a capital relationship. Accordingly, the company decided to dissolve the capital alliance while continuing the business alliance.」
The capital alliance with TDSE was dissolved, and the scope was narrowed and reorganized to continue the business alliance concerning integrated AI solutions. - FY2020-Q1First statedAnnual report
「By combining TDSE's strength in AI technology with our strength in systems development, we aim to increase sales by expanding sales of the AI products owned by TDSE, namely “scorobo,” “Netbase” and “Cognigy,” and developing new subscription services.」
On 31 July 2019, the company entered into a capital and business alliance agreement with TDSE and announced plans to expand sales of AI products, jointly develop new subscription services, train AI personnel and strengthen solutions. TDSE was scheduled to acquire, and did acquire, 1,385,000 of the company's shares, representing 15.20% of the total shares issued.