Expanding International, New-Business and M&A Activities Through the Transition to a Holding-Company Structure
First written in FY2024-Q2. 1 of 3 entries say "Achieved", first in FY2024-Q3. Latest entry: 2026-06-16.
25 other companies' latest entry also says "Advanced".
- 2026-06-16AdvancedM&A and Subsidiary Changes
「From the perspective of enhancing corporate value over the medium to long term, we are optimizing our business portfolio by prioritizing the allocation of management resources to growth areas centered on overseas operations and reducing group management costs.」
The company described the transfer of Brightech shares as a specific measure to optimize the allocation of management resources, which had been identified as a purpose of the transition to a holding company structure. - FY2024-Q3AchievedAnnual report
「Following approval at the extraordinary general meeting of shareholders held on 26 February 2024, the company carried out an absorption-type company split as of 1 March 2024, with the company as the splitting company and its wholly owned subsidiary Link-U Technologies as the succeeding company, and transitioned to a holding company structure.」
The planned transition to a holding company structure was implemented as of 1 March 2024. The server platform business was transferred to Link-U Technologies, with the objectives of expanding overseas operations, pursuing new businesses and M&A, strengthening group collaboration and optimizing the allocation of management resources. - FY2024-Q2First statedAnnual report
「The company has decided to transition to a holding company structure to strengthen its overseas business development, expand its business scope by entering new businesses and increase its business scale through M&A, strengthen group collaboration and optimize the allocation of group management resources through changes in the awareness of officers and employees, and accelerate business execution. Effective date of the company split: 1 March 2024」
The company has for the first time disclosed a plan to transition to a holding company structure using a corporate split. The objectives are to strengthen overseas operations, expand the business scale through new businesses and M&A, strengthen group collaboration, optimize the allocation of management resources and accelerate business execution. The effective date is 1 March 2024.