Expanding the Business Platform and Synergies through Acquisitions and Consolidation
First written in FY2016. 17 of 34 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-28.
0 other companies' latest entry also says "Softened".
- FY2026-H1AdvancedAnnual report
「The tender offer ended on 7 May 2025, and the Company acquired 10,918,182 common shares and subscription rights in BEENOS Co., Ltd. (representing 417,540 underlying shares) for ¥44,674 million in cash. As a result, the Company's voting rights in BEENOS Co., Ltd. reached 84.08%, calculated based on the number of voting rights attached to issued common shares, and BEENOS became a consolidated subsidiary.」
In addition to BEENOS becoming a consolidated subsidiary through a tender offer, LINE Bank Taiwan and LYST were added to the scope of consolidation, as was LINE MAN. For LINE MAN, the Company completed the share acquisition and amendment to the shareholders' agreement on 30 September 2025 and obtained control. - FY2025AdvancedAnnual report
「On 10 April 2025, the Company decided to make a capital contribution of TWD 2.745 billion to LINE Bank Taiwan Limited (hereinafter, LBT), an equity-method affiliate of the Company, through its consolidated subsidiary LINE Financial Taiwan Limited (hereinafter, LFT), and completed the capital increase in June 2025. Upon completion of the capital increase, LFT held more than a majority of LBT's voting rights. As a result, the Company obtained control of LBT, which newly became a consolidated subsidiary of the Company.」
The capital increase in LINE Bank Taiwan was completed, and the company became a consolidated subsidiary after the Company acquired a majority of its voting rights. - FY2025-H1Loss of control of subsidiaries and changes to equity-method affiliates and other entitiesAnnual report
「As a result of entering into an amendment agreement to the shareholders' agreement for the Company's subsidiary IPX Group (IPX Corp and its subsidiaries), IPX Group newly became a jointly controlled entity, and the Company recognized a gain of ¥22,751 million on the loss of control of a subsidiary. In addition, a third-party investment was made in the Company's subsidiary LINE NEXT Corp (hereinafter, LINE NEXT). As a result, the voting rights in LINE NEXT held by the Group fell below a majority, and LINE NEXT Group (LINE NEXT and its subsidiaries) newly became an equity-method affiliate of the Company. Accordingly, the Company recognized a gain of ¥13,336 million on the loss of control of a subsidiary. Furthermore, as a result of tendering into the tender offer for treasury shares conducted by the Company's subsidiary ValueCommerce Co.,Ltd., ValueCommerce Group (ValueCommerce Co.,Ltd. and its subsidiaries) newly became an equity-method affiliate of the Company, and the Company recognized a gain of ¥6,967 million on the loss of control of a subsidiary.」
IPX Group changed to a jointly controlled entity, while LINE NEXT Group and ValueCommerce Group changed to equity-method affiliates, resulting in several changes to the scope of consolidated subsidiaries. - FY2024Planned exclusion from subsidiariesAnnual report
「In addition, the entity will be excluded from the Company's subsidiaries during the first quarter of the fiscal year ending March 2025.」
The Company disclosed that ValueCommerce Co.,Ltd. is expected to be excluded from its subsidiaries in the first quarter of the following fiscal year in connection with an agreement to tender into a tender offer for treasury shares. - FY2024-Q3Loss of control of a subsidiary and reduction in ownership interestAnnual report
「As a result of a third-party investment in JDW Co.,Ltd. on 31 August 2023, and a public offering accompanying the new listing of yutori on 27 December 2023, together with the sale by ZOZO of part of its ownership interest, the Company no longer qualified as a subsidiary and recognized a gain on the loss of control of a subsidiary.」
In addition to JDW, the scope of subsidiaries changed further as a result of the public offering accompanying yutori's new listing and the sale by ZOZO of part of its ownership interest. - FY2024-Q2Changed from a subsidiary to an equity-method investeeAnnual report
「This resulted from a third-party investment in JDW Co.,Ltd. on 31 August 2023, which reduced the Company's ownership interest and meant that JDW Co.,Ltd. no longer qualified as a subsidiary and newly became an equity-method affiliate.」
A third-party investment reduced the Company's ownership interest in JDW Co.,Ltd., which changed from a consolidated subsidiary to an equity-method affiliate. - FY2024-Q1Changed from a subsidiary to an equity-method investeeAnnual report
「Trade and other payables decreased from the end of the previous consolidated fiscal year, mainly due to a decrease in amounts payable to merchants and the impact of LINE証券 changing from a consolidated subsidiary to an equity-method investee.」
LINE証券 changed from a consolidated subsidiary to an equity-method investee, resulting in a partial change in the scope of consolidation. - FY2023-Q3RestatedAnnual report
「During the third quarter consolidated accounting period, effective 1 October 2022, PayPay changed from an associate of the Company to a consolidated subsidiary. PayPay belongs to the Strategic Business segment.」
PayPay's inclusion as a consolidated subsidiary was reaffirmed as a key change among the Company's affiliates during the quarter, and it was positioned within the Strategic Business segment. - FY2023-Q2AchievedAnnual report
「The share delivery (hereinafter, the share delivery) became effective on 1 October 2022. B Holdings Corporation acquired common shares of PayPay Corporation, making PayPay Corporation a consolidated subsidiary of B Holdings Corporation. In addition, because the Company holds the right to nominate a majority of the directors of B Holdings Corporation under the shareholders' agreement with SoftBank Corp. concerning B Holdings Corporation (hereinafter, the shareholders' agreement), PayPay Corporation became a consolidated subsidiary of the Company, as a great-grandchild company.」
The share delivery involving PayPay became effective on 1 October 2022, and PayPay became a consolidated subsidiary of the Company through B Holdings Corporation. - FY2023-Q1AdvancedAnnual report
「As a result of this transaction, B Holdings Corporation will become the parent company by acquiring a majority of the total voting rights in PayPay Corporation. In addition, because the Company will hold the right to nominate a majority of the directors of B Holdings Corporation (Note 3), the Company will make PayPay Corporation a consolidated subsidiary through Z Holdings Intermediate Corporation and B Holdings Corporation, and PayPay Corporation is expected to qualify as a subsidiary of the Company.」
The Company entered into a transaction agreement with SoftBank Corp. and finalized plans to make PayPay a consolidated subsidiary through B Holdings Corporation. The effective date of the share delivery is scheduled for 1 October 2022. - FY2022Exclusion of subsidiaries and contraction of the business portfolioAnnual report
「eBook Initiative Japan Corporation ceased to qualify as a subsidiary of the Company as of 14 March 2022.」
In contrast to the expansion of the business base through acquisitions and consolidation, eBook Initiative Japan Corporation ceased to be a subsidiary, partially narrowing the scope of the business base covered by capital relationships. - FY2022-Q1AdvancedAnnual report
「Capital surplus and non-controlling interests decreased from the end of the previous consolidated fiscal year, mainly because ZOZO acquired its own common shares from non-controlling shareholders.」
ZOZO acquired its own common shares from non-controlling shareholders, resulting in progress in changes to the ownership interest in a consolidated subsidiary. - FY2021AchievedAnnual report
「With 1 March 2021 as the effective date, the Company carried out a share exchange under which the Company became the wholly owning parent company and LINE Corporation, a wholly owned subsidiary of the Company's parent company, A Holdings Corporation (formerly LINE Corporation; hereinafter, A Holdings Corporation), became the wholly owned subsidiary in the share exchange (formerly LINE Split Preparation Corporation; hereinafter, LINE Corporation).」
The Company carried out a share exchange with LINE and made LINE a wholly owned subsidiary. Expansion of the business base through acquisition and consolidation was completed through the integration of management. - FY2020AdvancedAnnual report
「To strengthen fashion e-commerce for further growth in the e-commerce business, the Company conducted a tender offer for the common shares of ZOZO, as resolved at a meeting of the Board of Directors held on 12 September 2019. The tender offer ended on 13 November 2019, and the Company acquired 152,952,900 common shares of ZOZO for cash consideration of ¥400,736 million. As a result, the Company's voting rights ratio in ZOZO became 50.1%, and ZOZO became a consolidated subsidiary.」
The disclosure provides full-year details on the tender offer for ZOZO and its consolidation as a subsidiary, including the number of shares acquired, acquisition price, voting rights ratio and objective of strengthening fashion e-commerce. - FY2020-Q3AdvancedAnnual report
「This was attributable to the consolidation of ZOZO as a subsidiary in November 2019, increased revenue from the ASKUL Group, and increased advertising revenue, among other factors.」
The consolidation of ZOZO as a subsidiary was reflected in the results as a factor behind the increase in consolidated revenue, confirming the expansion of the business base following the acquisition. - FY2020-Q2AdvancedAnnual report
「Under the tender offer, applications were received for 245,923,177 shares of the target company, and on 13 November 2019 the Company acquired the maximum number of shares to be purchased, 152,952,900 shares. As a result of the tender offer, the target company became a consolidated subsidiary of the Company on the same date.」
The Company acquired 152,952,900 shares of ZOZO through the tender offer, making it a consolidated subsidiary with a 50.10% voting rights ownership ratio and an acquisition price of ¥400.736 billion. Expansion of the business base through the acquisition took concrete form. - FY2019-Q2AdvancedAnnual report
「The following company also newly became an affiliated company of the reporting company. dely, Inc. (Notes) 3 and 4 Tokyo Shinagawa-ku 3,537 Media business 47.1 (15.9) — (Note) 4: Although the voting rights ownership ratio is 50% or less, the company is treated as a subsidiary because it is effectively controlled.」
dely became a consolidated subsidiary through effective control with a 47.1% voting rights ratio, expanding the consolidated base of the Media business. - FY2018-Q3AchievedAnnual report
「The Company's voting rights ratio in Japan Net Bank remained unchanged at 41.2%, and it did not hold a majority of the voting rights. However, because the Company was deemed to effectively control Japan Net Bank by appointing a majority of its directors following the resolution at Japan Net Bank's extraordinary general meeting of shareholders held on 1 February 2018, Japan Net Bank became a consolidated subsidiary upon that resolution.」
In accordance with the existing policy of making Japan Net Bank a subsidiary, the Company made Japan Net Bank, in which it held a 41.2% voting rights ratio, a consolidated subsidiary through effective control by appointing a majority of its directors. The disclosure also identifies ASKUL Corporation's consolidation of Charm as a factor behind the expansion of the Commerce business. - FY2018-Q1Decision to make the company a subsidiaryAnnual report
「At a meeting of the Board of Directors held on 1 August 2017, the Company resolved to amend the shareholders' agreement with Sumitomo Mitsui Banking Corporation concerning Japan Net Bank, Ltd. (hereinafter, Japan Net Bank), and entered into an amendment agreement with Sumitomo Mitsui Banking Corporation.」
The Company amended the shareholders' agreement concerning Japan Net Bank and decided on a policy of making it a subsidiary by appointing a majority of its directors. The decision to make Japan Net Bank a subsidiary itself was scheduled to be taken at an extraordinary general meeting of shareholders in October 2017. - FY2017RestatedAnnual report
「Although the Company does not hold a majority of the voting rights in eBook Initiative Japan Corporation, it has determined that it effectively controls the company because it holds a majority of the seats on its board of directors, and has therefore made it a subsidiary.」
The Company reaffirmed that its group of consolidated subsidiaries, including eBook Initiative Japan Corporation, is operated through capital and governance relationships, including effective control. - FY2017-Q2AdvancedAnnual report
「eBook Initiative Japan Corporation (Notes) 2, 3 and 4 Consumer business 44.4 Outsourced operation of an e-book service (Note) 4: Although the voting rights ownership ratio is 50% or less, the company is treated as a subsidiary because it is effectively controlled.」
eBook Initiative Japan Corporation, in which the voting rights ratio was 44.4%, became a new consolidated subsidiary through effective control. The business base, including e-book service operations, is being expanded through capital relationships. - FY2017-Q1Cited as achievedAnnual report
「The consolidation of ASKUL Corporation as a subsidiary in the previous consolidated fiscal year contributed to an 84.7% year-on-year increase in revenue.」
The consolidation of ASKUL Corporation as a subsidiary in the previous fiscal year was cited as a factor behind revenue growth in the current quarter. - FY2016First statedAnnual report
「The voting rights ratio held by the Company in ASKUL Corporation increased from 41.7% as of 20 May 2015 to 44.4% as of 27 August 2015. Although the Company did not hold a majority of the voting rights, it determined, after considering the dispersion of voting rights and voting patterns at past general meetings of shareholders, that it effectively controlled ASKUL Corporation and therefore made it a consolidated subsidiary.」
The Commerce business is being expanded through capital relationships, including effective control and consolidation of ASKUL Corporation and the tender offer for Ikkyu.