Capital and Business Alliance with NTT DOCOMO and Conversion into a Consolidated Subsidiary
First written in FY2024-Q1. 2 of 4 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024AchievedAnnual report
「As of 1 July 2024, the Company acquired all shares of DOCOMO InsightMarketing, Inc., a joint venture between NTT DOCOMO, INC., the Company’s parent company, and the Company, from NTT DOCOMO, INC., making it a consolidated subsidiary.」
The Company acquired all shares of DOCOMO InsightMarketing, Inc., formerly a joint venture with NTT DOCOMO, on 1 July 2024 and completed the acquisition of the company as a wholly owned subsidiary. The acquisition cost was ¥1,695.075 million. - FY2024-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 22 April 2024, the Company resolved to acquire all shares of DOCOMO InsightMarketing, Inc., a joint venture between NTT DOCOMO, INC., the Company’s parent company, and the Company, from NTT DOCOMO, INC., and to make DOCOMO InsightMarketing, Inc. a wholly owned subsidiary. The Company entered into a share transfer agreement with NTT DOCOMO, INC. on the same date.」
As part of the collaboration following the capital and business alliance with NTT DOCOMO, the Company resolved to acquire all shares of the joint venture DOCOMO InsightMarketing, Inc. and make it a wholly owned subsidiary, and entered into a share transfer agreement. The acquisition was scheduled for 1 July 2024, after which the ownership ratio would be 100%. - FY2024-Q2AdvancedAnnual report
「Through this capital and business alliance, we will seek to maximize the value of data by combining DOCOMO’s customer base of approximately 97 million (*2) and its extensive behavioral data with the Group’s data-handling capabilities, spanning data collection, aggregation, analysis and visualization. We also expect significant future growth and will contribute to resolving social issues by creating synergies through the combination of the data held by both companies and their ability to derive value from it.」
The post-completion collaboration policy following NTT DOCOMO’s successful tender offer and the Company’s becoming a consolidated subsidiary was made specific: the parties will combine an approximately 97 million customer base and behavioral data with the Group’s data-handling capabilities to maximize data value and create synergies. - FY2024-Q1First statedAnnual report
「The tender offer for our common shares (the “Company Shares”) conducted by NTT DOCOMO, INC. from 7 September 2023 ended on 16 October 2023, and NTT DOCOMO, INC. became our parent company as of 23 October 2023. NTT DOCOMO, INC. holds 19,622,021 Company Shares, representing 51.00% of the voting rights of all shareholders of the Company, rounded to the nearest third decimal place.」
On 6 September 2023, the Company resolved to enter into a capital and business alliance agreement with NTT DOCOMO. Following completion of the tender offer, NTT DOCOMO became the parent company, holding 51.00% of the voting rights. Nippon Telegraph and Telephone Corporation also newly became a parent company indirectly through NTT DOCOMO.