Test Marketing and Monetization Risk for the アイプラティナ Service
First written in FY2016. 2 of 5 entries say "Materialised", first in FY2017. Latest entry: FY2019-Q2.
The whole theme swung hardest in 2019: 6 of 26 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2019-Q2MitigatedAnnual report
「In addition, we had recognized receivables from 株式会社アイプラティナ, a consolidated subsidiary for which a liquidation resolution was passed in March 2018, together with the allowance for doubtful accounts relating to those receivables, through the end of the previous fiscal year. In June 2018, we resolved to waive the receivables in full and offset the short-term loans to affiliated companies and other balances against the allowance for doubtful accounts during the first quarter accounting period.」
In addition to waiving the receivables from アイプラティナ in full and offsetting them against the allowance for doubtful accounts, the liquidation proceedings have been completed, bringing the company's response to its monetization and debt issues closer to completion. - FY2019-Q1MitigatedAnnual report
「We had recognized receivables from 株式会社アイプラティナ, a consolidated subsidiary for which a dissolution resolution was passed in March 2018, together with the allowance for doubtful accounts relating to those receivables, through the end of the previous fiscal year. In June 2018, we resolved to waive the receivables in full and offset the short-term loans to affiliated companies and other balances against the allowance for doubtful accounts during the first quarter accounting period.」
The company states that it resolved to waive in full its receivables from アイプラティナ and offset the short-term loans to affiliated companies and other balances against the allowance for doubtful accounts. Measures to address the subsidiary's monetization and debt issues are progressing. - FY2018MaterialisedAnnual report
「Having determined that it would be difficult to identify benefits from continuing business activities, we decided to dissolve the company effective 31 March 2018, finalize its remaining assets at the end of June 2018 (planned), and complete the liquidation in September 2018 (planned).」
The difficulty of monetizing アイプラティナ crystallized into a policy of dissolution and liquidation. - FY2017MaterialisedAnnual report
「Although we had developed support and services focused on repeat customers, we withdrew from the mail-order business because profitability remained weak and we had been able to explore markets other than door-to-door sales and absorb relevant know-how.」
Continued weak profitability resulted in the withdrawal from アイプラティナ's mail-order business. - FY2016First statedAnnual report
「At the subsidiary 株式会社アイプラティナ, we will conduct test marketing activities focused on existing customers in markets that do not compete with the door-to-door sales business. If this business fails to generate returns commensurate with the initial investment, this may affect the financial condition of our Group.」
While conducting test marketing for existing customers in markets that do not compete with door-to-door sales, the company identifies insufficient recovery of the investment as a risk.