Establishment of a Singapore Subsidiary
First written in FY2018. 3 of 7 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2024-Q3.
TeamSpirit moved to the "Worse" side of this theme in 2024, 2 years before the typical company in this theme (2026).
3 other companies' latest entry also says "Reframed".
- FY2024-Q3ReframedAnnual report
「The purpose is to review the development structure and rationalize the cost burden by downsizing the subsidiary’s operations while strengthening collaboration with domestic engineers and external partners.」
The Singapore subsidiary’s position changed from its former role as a development and sales base in the Asia-Pacific region to being subject to business downsizing and a review of the development structure using domestic engineers and external partners. - FY2022RestatedAnnual report
「TeamSpirit Singapore Pte. Ltd. Singapore Development and sales of TeamSpirit EX in the Asia-Pacific region 100」
The Singapore subsidiary continues to be positioned as a development and sales base for TeamSpirit EX in the Asia-Pacific region. - FY2021AdvancedAnnual report
「TeamSpirit Singapore Pte. Ltd. Singapore Development and sales of TeamSpirit EX in the Asia-Pacific region 100」
The Company disclosed the Singapore subsidiary’s role as a development and sales base for TeamSpirit EX in the Asia-Pacific region. - FY2020AdvancedAnnual report
「TeamSpirit Singapore Pte. Ltd. has been included in the scope of consolidation from the current consolidated fiscal year because its materiality increased.」
The consolidation of the Singapore subsidiary, which had been reflected at the quarterly stage, was also reflected in the annual consolidated financial statements. The subsidiary is positioned as a development and sales base for WSP in the Asia-Pacific region. - FY2020-Q2RestatedAnnual report
「As TeamSpirit Singapore Pte. Ltd. became material from the first quarter of the current consolidated fiscal year, it was included in the scope of consolidation and quarterly consolidated financial statements were prepared.」
The structure premised on consolidating the Singapore subsidiary has remained in place. - FY2020-Q1AdvancedAnnual report
「As TeamSpirit Singapore Pte. Ltd., formerly an unconsolidated subsidiary, became material from the first quarter of the current consolidated fiscal year, it was included in the scope of consolidation and quarterly consolidated financial statements were prepared.」
The Singapore subsidiary established in November 2017 was included in the scope of consolidation as its materiality increased. - FY2018First statedAnnual report
「November 2017: Established TeamSpirit Singapore Pte. Ltd., a subsidiary in Singapore」
Established the Singapore subsidiary as the operating base for overseas expansion.