Conversion to a pure holding company and business succession following the management integration
First written in FY2022-Q1. 3 of 6 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2024-Q2.
No other company in this theme has enough history to compare yet.
- FY2024-Q2AchievedAnnual report
「When the absorption-type company split agreement took effect on 1 March 2024, the Company transferred its solutions business to its wholly owned subsidiary, アララ分割準備株式会社, and transitioned to a holding company structure.」
The transfer of the solutions business to a subsidiary and the transition to a holding company structure were completed on 1 March 2024. The Company's corporate name also changed to Paycloud Holdings Inc., and that of the successor company to アララ株式会社. - FY2024-Q1AdvancedAnnual report
「At the meeting of the Board of Directors held on the same day, the Company also entered into an absorption-type company split agreement under which the Company would be the splitting company and its wholly owned subsidiary the successor company, with the aim of transitioning to a holding company structure and separating the solutions business (the “Absorption-Type Company Split” and the agreement relating to it, the “Absorption-Type Company Split Agreement”).」
The previous restructuring plan progressed to the execution of an absorption-type company split agreement to transfer the solutions business to a newly established wholly owned subsidiary. The effective date was scheduled for 1 March 2024, after which the holding company was scheduled to be Paycloud Holdings Inc. - FY2023-Q1AdvancedAnnual report
「Through a company split that took effect on 1 January 2023 (the “Company Split”), the Company transferred its cashless services business to its wholly owned subsidiary, 株式会社バリューデザイン (the “バリューデザイン”).」
Under the post-integration restructuring plan, the cashless services business was transferred to バリューデザイン through a company split on 1 January 2023. The document does not state that the transfer of the messaging, data security and AR businesses had been completed. - FY2022-Q3RestatedAnnual report
「The Company plans to transfer the rights and obligations relating to its cashless services business to バリューデザイン through an absorption-type company split, and the rights and obligations relating to its messaging services, data security services and AR businesses to the company preparing for the company split through absorption-type company splits. The Company is scheduled to become an integrated holding company conducting group management and administration and asset management businesses.」
Following completion of the share exchange, the absorption-type company splits for each business and conversion into an integrated holding company remained described as planned measures, with no statement that the plan itself had been completed. - FY2022-Q2AdvancedAnnual report
「The Company plans to transfer the rights and obligations relating to its cashless services business to バリューデザイン through an absorption-type company split, and the rights and obligations relating to its messaging services, data security services and AR businesses to the company preparing for the company split through absorption-type company splits. The Company is scheduled to become an integrated holding company conducting group management and administration and asset management businesses.」
The previous plan to convert the Company into a pure holding company developed into a specific restructuring plan covering the absorption-type company split recipients for each business and the role of the integrated holding company. - FY2022-Q1First statedAnnual report
「The Company plans to transfer the rights and obligations relating to its business to バリューデザイン and the company preparing for the absorption-type company split, and to become a pure holding company conducting group management and administration and asset management businesses.」
The Company first disclosed a restructuring plan under which, following the share exchange, its business would be transferred to バリューデザイン and the company preparing for the company split, making the Company a pure holding company. The specific method and structure are scheduled to be determined based on discussions and due diligence.