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Image Information (3803) · TargetSoftened

Making the IT revolution in the sports industry a new core business

First written in FY2018-Q2. 3 of 6 entries say "Softened", first in FY2019-Q2. Latest entry: FY2019.

6entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q2 – FY2018SoftenedFY2019-Q2 – FY20192017: 120172018: 320182019: 22019
Same theme, other companies
Making a sports IT business a core operation and exiting through the sale of a subsidiaryA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2019SoftenedAnnual report

    「The company has currently suspended development of sports-related systems.」

    The document states that sports-related system development has been discontinued, all shares of アイデポルテ have been sold, and the company is shifting its focus to supporting corporate management through IT and marketing.
  2. FY2019-Q3SoftenedAnnual report

    「The Company concluded that reducing its burden by transferring the shares and focusing on supporting corporate management through IT using marketing would contribute to enhancing the Group's corporate value, and therefore determined that selling all of its shares in アイデポルテ was the best course of action.」

    With respect to the previous policy of making the sports industry's IT revolution a new core business, the transfer of all shares of アイデポルテ relinquished the business foundation and narrowed the scope of the initiative toward a focus on supporting corporate management through IT.
  3. FY2019-Q2SoftenedAnnual report

    「At a Board of Directors meeting held on 7 November 2018, the Company resolved to transfer all shares of its consolidated subsidiary アイデポルテ to Nagai Keiichi (永井敬一), a director of that company, and entered into a share transfer agreement on 9 November 2018.」

    The scope of implementation of the previous initiative to make the sports industry's IT revolution a new core business was reduced through the transfer of all shares of アイデポルテ, which had provided its foundation. The Company did not state that it was withdrawing from the sports IT business as a whole.
  4. FY2018RestatedAnnual report

    「エクストップエスオー株式会社 operates membership organizations for large sporting events and one of Japan's long-established leading sports clubs, while also working to promote the digitalization of the sports industry. The purpose is to make the IT revolution taking place in the sports industry a new core business of the Group by effectively utilizing the company's management resources.」

    The policy of making the promotion of IT adoption in the sports sector a new core business continues to be stated as the purpose of making the company a consolidated subsidiary.
  5. FY2018-Q3RestatedAnnual report

    「エクストップエスオー株式会社 operates membership organizations for large sporting events and one of Japan's long-established leading sports clubs, while also working to promote the digitalization of the sports industry. The purpose is to make the IT revolution taking place in the sports industry a new core business of the Group by effectively utilizing the company's management resources.」

    The policy of making the promotion of IT adoption in the sports sector a new core business continues to be presented in the business combination notes concerning the company's consolidation as a subsidiary.
  6. FY2018-Q2First statedAnnual report

    「エクストップエスオー株式会社 operates membership organizations for large sporting events and one of Japan's long-established leading sports clubs, while also working to promote the digitalization of the sports industry. The purpose is to make the IT revolution taking place in the sports industry a new core business of the Group by effectively utilizing the company's management resources.」

    The Company first explicitly stated its policy of making the IT revolution in the sports industry a new core business by making a company engaged in sports operations a consolidated subsidiary and utilizing its management resources.
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Making the IT revolution in the sports industry a new core business | Image Information Inc. (3803) | Komori