FreeBit (3843) · InitiativeAchieved
Making Video Advertising Platform Rita Co., Ltd. a Subsidiary
First written in FY2020-Q3. 1 of 2 entries say "Achieved", first in FY2020. Latest entry: FY2020.
2entries
1years
0from disclosures
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Same theme, other companies
Strengthening the video advertising platform and expanding advertising services to physical stores through making Rita a wholly owned subsidiaryA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2020AchievedAnnual report
「At a meeting of the Board of Directors held on 2 March 2020, Four It Co., Ltd. resolved to acquire all shares of Rita Co., Ltd. and make it a subsidiary, entered into a share transfer agreement on the same date, and acquired all shares.」
The acquisition of all shares of Rita Co., Ltd. was executed on 2 March 2020, giving concrete form to the concept of expanding the scope of video advertising performance measurement to physical stores. - FY2020-Q3First statedAnnual report
「The acquisition of the company’s shares would add a video platform business with high advertising effectiveness to the Group portfolio, expanding the scope of performance measurement to physical stores and broadening the marketing solutions available to advertisers. Post-acquisition voting rights: 100%」
The consolidated subsidiary Four It acquired all shares of Rita Co., Ltd., which operates a video advertising platform, on 2 March 2020 and disclosed a plan to expand the scope of solutions for advertisers to include physical stores. Acquisition cost: ¥111 million.