Stagnation in Overseas IPO Markets and Streamlining of Overseas Operations
First written in FY2019. 1 of 3 entries say "Restated". Latest entry: FY2021-Q1.
The whole theme swung hardest in 2026: 4 of 12 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2021-Q1MitigatedAnnual report
「sharewise GmbH (Germany), which had been an unconsolidated subsidiary through the previous fiscal year, was liquidated during the first quarter of the current fiscal year and has therefore been excluded from unconsolidated subsidiaries.」
The liquidation of the German subsidiary, which had been undergoing liquidation as part of the streamlining of overseas operations, was completed, marking further progress in the remaining overseas business streamlining process. - FY2020-Q1RestatedAnnual report
「sharewise GmbH (Germany), which had been a consolidated subsidiary, is currently undergoing liquidation. As the subsidiary is not material enough to impede reasonable judgments regarding the Group's financial position, operating results or cash flows, quarterly consolidated financial statements are not prepared.」
The streamlining of overseas operations has continued, with the German subsidiary undergoing liquidation. - FY2019First statedAnnual report
「In light of stagnation in the targeted overseas IPO market and greater certainty regarding growth prospects in the domestic market due to the rapid growth of the domestic Solutions Business, the Company reviewed its strategy and changed its policy to focus its business development on the domestic market.」
The policy shift was prompted by stagnation in overseas IPO markets, resulting in the recognition of losses on the streamlining of overseas operations and impairment losses on software assets for overseas operations.