Building a cloud economy
First written in FY2017. 3 of 9 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2022-Q3.
CrowdWorks moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Reframed".
- FY2022-Q3ReframedAnnual report
「The company continued discussions with Daiwa Securities Group Inc. on developing FINTECH services. However, after considering that focusing on the growth and profit expansion of the matching business was important for increasing corporate value under its future growth strategy, the company decided, following the discussions, to discontinue the development and consideration of FINTECH services. Accordingly, effective 13 May 2022, it terminated its capital and business alliance with Daiwa Securities Group Inc. and changed the use of the funds raised through a third-party allotment. The use of these funds will be changed to growth capital to support the sustainable growth and profit expansion of the matching business.」
For the Fintech component of the cloud economy concept, the company discontinued the development and consideration of Fintech services and terminated its capital and business alliance with Daiwa Securities Group Inc. The use of ¥393,219 thousand in funds raised was changed from funding Fintech service development to growth capital for the matching business. - FY2020-Q2SoftenedAnnual report
「The company's subsidiary, 株式会社クラウドマネー, completed its liquidation in March 2020.」
The company confirmed that the liquidation of 株式会社クラウドマネー, a Fintech component of the cloud economy concept, had been completed. - FY2019SoftenedAnnual report
「The company decided to withdraw because intensifying competition in Fintech had made it difficult to identify sufficient competitive advantages and profitability at its current stage of business.」
In the Fintech component of the cloud economy concept, the company found it difficult to establish competitive advantages and profitability and decided to withdraw. - FY2019-Q2SoftenedAnnual report
「At a meeting of the Board of Directors held on 14 May 2019, the company resolved to dissolve and liquidate its consolidated subsidiary, 株式会社クラウドマネー.」
The company decided to dissolve and liquidate the digital wallet business of 株式会社クラウドマネー, which had been developed as a component of the cloud economy. - FY2019-Q1RestatedAnnual report
「In its Fintech business, the company operates Feekle, a service guaranteeing receipt of compensation by freelancers, and develops through 株式会社クラウドマネー a digital wallet app that can be used to pay for purchases at stores and other locations.」
The company continues to develop compensation guarantees and digital wallets, which are components of the cloud economy. - FY2018AdvancedAnnual report
「During the current consolidated fiscal year, the company launched Feekle, a service guaranteeing receipt of compensation by freelancers, and established 株式会社クラウドマネー through a joint venture with Mitsubishi UFJ Financial Group to develop a digital wallet app that can be used to pay for purchases at stores and other locations.」
The Fintech component of the cloud economy has advanced to the launch of a compensation receipt guarantee service and the establishment of a company developing a digital wallet app. - FY2018-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 May 2018, the company resolved to establish a subsidiary with Japan Digital Design株式会社 (JDD), a consolidated subsidiary of 株式会社三菱UFJフィナンシャル・グループ (MUFG), as described below, and completed the incorporation procedures on 2 July 2018.」
For the Fintech component of the cloud economy concept, the incorporation procedures for 株式会社クラウドマネー, a joint venture with JDD, were completed on 2 July 2018. - FY2018-Q2AdvancedAnnual report
「To advance its FINTECH business, one of the pillars of the growth strategy set out in its medium-term management policy, the company has been considering a collaborative framework with domestic and overseas FINTECH businesses and financial institutions, with a view to capital and business alliances, in order to develop services aligned with the financial industry's expertise and applicable laws and regulations and create new financial services using ICT and the internet.」
The company is moving toward giving concrete form to a collaborative framework with financial institutions and Fintech businesses in the Fintech component of its cloud economy concept. As a subsequent event, it also resolved to establish a joint venture with JDD. - FY2017First statedAnnual report
「As a medium-term management policy, the company plans to build a cloud economy through Fintech, comprising (1) businesses that deliver compensation, namely the sharing economy, and (2) businesses that enable individuals to raise funds and invest in individuals, using Cloud Score, which quantifies an individual's creditworthiness based on records of compensation received, as a source of competitive strength.」
The company has for the first time explicitly identified as a medium-term management policy the creation of a business ecosystem combining the sharing economy and Fintech, with Cloud Score as a source of competitive strength.