Strengthening group governance and resource allocation through the transition to a holding company structure
First written in FY2022-Q4. 1 of 3 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2023.
31 other companies' latest entry also says "Achieved".
- FY2023AchievedAnnual report
「On 1 April 2023, we completed the transition to a holding company structure and changed the corporate name to CHANGE Holdings,Inc. Through the transition to a holding company structure, we aim to further strengthen group governance, optimise the allocation of management resources and promote the development of next-generation management personnel, thereby evolving into a flexible and resilient management structure capable of responding rapidly to all changes in the business environment.」
The process has progressed from considering the transition to a holding company structure and entering into an absorption-type company split agreement to completing the transition and changing the corporate name on 1 April 2023. - FY2023-Q1AdvancedAnnual report
「We have entered into an absorption-type company split agreement to transition to a holding company structure. Execution of absorption-type company split agreement: 16 January 2023. Effective date of absorption-type company split: 1 April 2023 (scheduled).」
The process has progressed from considering a transition to a holding company structure to entering into an absorption-type company split agreement under which a wholly owned subsidiary will be the succeeding company, with the transition scheduled for 1 April 2023. - FY2022-Q4First statedAnnual report
「Today, 11 November 2022, we announced the "Notice Regarding the Commencement of Consideration of a Transition to a Holding Company Structure." Through the transition to a holding company structure, we aim to further strengthen group governance, optimise the allocation of management resources and promote the development of next-generation management personnel, thereby evolving into a flexible and resilient management structure capable of responding rapidly to all changes in the business environment.」
The Company has begun considering a transition to a holding company structure and has indicated, for the first time, its direction of strengthening group governance, the allocation of management resources, the development of next-generation management personnel and its ability to respond to changes in the business environment.