Entry into the lessons and classes services market through the acquisition of the Saita business
First written in FY2018-Q1. 2 of 5 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019WorsenedAnnual report
「During the fiscal year under review, because recovery of the investment in business assets whose profitability had declined substantially was no longer expected, we reduced the carrying amount of those assets to their recoverable amount and recorded the decrease as an impairment loss under extraordinary losses.」
An impairment loss of ¥96.440 million was recorded on business assets, including software related to the Saita business, because of declining profitability and the loss of prospects for recovering the investment. - FY2019-Q2WorsenedAnnual report
「Other intangible fixed assets decreased by ¥107.439 million due to an impairment loss on software related to the Saita business.」
An impairment loss occurred on software related to the Saita business, indicating a deterioration in asset value after the business acquisition. - FY2018AdvancedAnnual report
「In addition to the steady expansion of CrowdTech, we achieved substantial growth through the acquisition of 株式会社電縁 as a subsidiary, the inclusion of a full year of 株式会社garviee's results, and the acquisition of the Saita business.」
The company explained that the acquisition of the Saita business contributed to growth in the Agent Matching Business for the full year. - FY2018-Q2AdvancedAnnual report
「By acquiring the development and operation of Saita, a lessons and classes service connecting coaches with students, we will be able to apply the user-matching expertise we have developed through our crowdsourcing business and expand the user base of skill-sharing services, thereby accelerating our business expansion in the sharing economy market.」
The acquisition of the Saita business was completed, giving concrete form to expansion in the sharing economy through the use of user-matching expertise and expansion of the skill-sharing user base. - FY2018-Q1First statedAnnual report
「Based on a resolution of the Board of Directors dated 19 December 2017, we acquired the Saita business operated by コーチ・ユナイテッド株式会社, a lessons and classes service connecting coaches with students, as follows.」
We acquired Saita, a lessons and classes service connecting coaches with students, and added a new service area, with 1 January 2018 as the business combination date.