Acquisition of the IT Startup News Media Business THE BRIDGE
First written in FY2019-Q1. 1 of 3 entries say "Reframed", first in FY2021. Latest entry: FY2022.
4 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「At the same time, there was concern that BRIDGE's role would shrink if the current situation continued. In order to fully pursue the new business reached after 3 years of trial and error, we decided to clarify management responsibility while seeking independent growth as a separate legal entity.」
Reconfirmed, as the purpose of the company split, the positioning of operating BRIDGE as an independent legal entity, pursuing the new business, and clarifying management responsibility. - FY2021ReframedAnnual report
「At the same time, there was concern that BRIDGE's role would shrink if the current situation continued. In order to fully pursue the new business reached after 3 years of trial and error, we decided to clarify management responsibility while seeking independent growth as a separate legal entity.」
The positioning changed from operating the media following the 2018 business acquisition to fully developing a new business through an independent legal entity and clarifying management responsibility. - FY2019-Q1First statedAnnual report
「The Company acquired the IT startup news media business THE BRIDGE and entered into a business alliance with Nagoya Bank, among other initiatives.」
The acquisition of the business of the IT startup news media outlet THE BRIDGE was described as a new specific initiative to expand the service lines.