Entry into the Equity Crowdfunding Business and Making UNICORN a Subsidiary
First written in FY2020. 5 of 7 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2022-Q3.
0 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「Since the previous consolidated fiscal year, the company has been building a structure for the future direct operation of financial services.」
The company continues to build a structure for the direct operation of financial services through its lending-based and equity crowdfunding subsidiaries. - FY2022-Q1AdvancedAnnual report
「(Crowdfunding business) Since the previous consolidated fiscal year, we have been building the structure needed to operate financial services directly going forward. During the three months ended June 30, 2024, costs continued to precede revenue, but revenue was ¥23.320 million, up 123.7% year on year, and the operating loss was ¥43.083 million, compared with an operating loss of ¥68.656 million in the same period of the previous year.」
The company continued to build a structure for directly operating lending-based and equity crowdfunding businesses, and business revenue increased 123.7% year on year. - FY2021AdvancedAnnual report
「In the crowdfunding business, the company acquired a subsidiary operating a crowdfunding business in the previous consolidated fiscal year and proceeded with post-acquisition integration. Although integration progressed smoothly and the number of transactions closed increased, costs associated with system renewal and the resulting delays in arranging transactions delayed the service launch compared with the initial plan.」
While post-acquisition integration of the lending-based and equity crowdfunding subsidiaries and growth in the number of transactions closed progressed, delays in arranging transactions associated with system renewal were also disclosed. - FY2021-Q3AdvancedAnnual report
「During the previous consolidated fiscal year, we added a lending-based crowdfunding operator and an equity-based crowdfunding operator to our group and have been developing the necessary framework for directly operating financial services in the future. During the nine months ended the third quarter of the consolidated fiscal year under review, transactions began to close and PMI progressed smoothly. However, as costs preceded revenue due to PMI for subsidiaries, system renewals and other measures ahead of full-scale operations, net sales were ¥80.892 million (no results for the same quarter of the previous year) and the operating loss was ¥181.212 million (no results for the same quarter of the previous year).」
Transactions began to close in the lending-based and equity crowdfunding businesses, and post-acquisition integration progressed smoothly. Revenue increased from ¥44.078 million for the cumulative second quarter to ¥80.892 million for the cumulative third quarter. - FY2021-Q2AdvancedAnnual report
「During the previous consolidated fiscal year, we added a lending-based crowdfunding operator and an equity crowdfunding operator to our Group and have been building the structure needed to operate financial services directly going forward. During the six months ended September 30, 2024, deals began to close and PMI progressed smoothly. However, costs preceded revenue as a result of PMI at the subsidiaries, system renewal and other measures ahead of full-scale operations, resulting in revenue of ¥44.078 million (no comparable result for the same period of the previous year) and an operating loss of ¥131.263 million (no comparable result for the same period of the previous year).」
Under a structure that included operators of lending-based and equity crowdfunding businesses, transactions began to close and post-acquisition integration progressed smoothly. - FY2021-Q1AdvancedAnnual report
「In the previous consolidated fiscal year, the Group added operators of loan-based crowdfunding platforms and equity crowdfunding platforms to the Group and proceeded with developing its structure for the future direct operation of financial services. During the first quarter of the current consolidated fiscal year, as a result of advancing post-merger integration for the subsidiaries and system renewals in preparation for full-scale operations, revenue was ¥10.425 million (no comparable result for the same quarter of the previous year) and operating loss was ¥68.656 million (no comparable result for the same quarter of the previous year).」
The company proceeded with post-acquisition integration and system renewal under a structure that included operators of lending-based and equity crowdfunding businesses, and recorded revenue of ¥10.425 million from the crowdfunding business. - FY2020First statedAnnual report
「Name of acquired company: 株式会社ユニコーン Business description: Equity crowdfunding Business combination date: 12 February 2020 (date of share acquisition) Voting rights ratio after acquisition: 50.90%」
The company made an additional acquisition in 株式会社ユニコーン, which operates an equity crowdfunding business, on 12 February 2020, making it a subsidiary with a voting rights ratio of 50.90% after the acquisition.