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Adjuvant Holdings (4929) · InitiativeDropped

Strengthening the MAP system and consulting sales through the acquisition of エクシードシステム

First written in FY2016. 5 of 20 entries say "Cited as achieved", first in FY2017-Q2. Latest entry: FY2023.

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ProgressHeldSoftenedWorseCited as achievedFY2017-Q2 – FY2020-Q2OtherFY2022-Q1 – FY20232016: 220162017: 320172018: 220182019: 320192020: 420202021: 420212022: 120222023: 12023
Same theme, other companies

3 other companies' latest entry also says "Dropped".

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Showing 14 of the 187 companies compared. The sentences above are computed from all 187.Comparing 200 of the theme's 310 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2023DroppedAnnual report
    This annual securities report contains no explicit reference to the acquisition of エクシードシステム株式会社, its revenue after exclusion from consolidation, or the alliance with the company.
  2. FY2022-Q3Continued decline in Other revenue after exclusion from consolidationAnnual report

    「As a result, revenue for the nine months ended the third quarter was ¥67 million, down 90.1% year on year. Other revenue for the nine months ended the third quarter of the previous fiscal year included revenue from エクシードシステム株式会社, which was excluded from consolidation effective 1 March 2021.」

    After エクシードシステム株式会社 was excluded from consolidation, Other revenue was ¥67 million, down 90.1% year on year. The filing continues to explain that the prior-year period included revenue from the company.
  3. FY2022-Q2Continued decline in Other revenue after exclusion from consolidationAnnual report

    「Overseas revenue from ADJUVANT HONG KONG COMPANY LIMITED, a consolidated subsidiary, has been gradually recovering despite the continuing impact of the COVID-19 pandemic. As a result, revenue for the six months ended the second quarter was ¥45 million, down 88.9% year on year. Other revenue for the six months ended the second quarter of the previous fiscal year included revenue from エクシードシステム株式会社, which was excluded from consolidation effective 1 March 2021.」

    After エクシードシステム was excluded from consolidation, Other revenue was ¥45 million, down 88.9% year on year. Meanwhile, overseas revenue from the Hong Kong subsidiary was described as gradually recovering.
  4. FY2022-Q1Decline in Other revenue after exclusion from consolidationAnnual report

    「Other 188 17.4 23 2.1 △164 △87.3 Other revenue for the first quarter cumulative consolidated period of the previous fiscal year included revenue from エクシードシステム株式会社, which was excluded from consolidation effective 1 March 2021.」

    After エクシードシステム株式会社 was excluded from consolidation, Other revenue for the first quarter was ¥23 million, down 87.3% year on year. The filing also explicitly states that the prior-year period included revenue from the company.
  5. FY2021ReframedAnnual report

    「The company transferred the shares on 1 March 2021. Following the share transfer, the shares in the target company held by the company became a class of non-voting shares, and the target company was therefore excluded from the company's consolidated subsidiaries.」

    エクシードシステム株式会社 was excluded from consolidated subsidiaries following the partial transfer of its shares. Although the company determined that it was not in a position to fully benefit from business synergies, it stated that the alliance under the business partnership would continue after the share transfer.
  6. FY2021-Q3AdvancedAnnual report

    「Net sales at エクシードシステム株式会社, a consolidated subsidiary, increased as the number of Salon Answer system installations in Japan reached 1,349 at the end of the third quarter of the current consolidated fiscal period and continued to progress steadily.」

    The number of Salon Answer System implementations offered by the consolidated subsidiary following the acquisition increased to 1,349, indicating continued business progress.
  7. FY2021-Q2AdvancedAnnual report

    「Net sales at エクシードシステム株式会社, a consolidated subsidiary, increased as the number of Salon Answer system installations in Japan reached 1,207 at the end of the second quarter of the current consolidated fiscal period and continued to progress steadily.」

    The number of Salon Answer System implementations offered by the subsidiary following the acquisition reached 1,207, indicating continued business progress.
  8. FY2021-Q1Slight decline in Salon Answer implementationsAnnual report

    「Revenue at エクシードシステム株式会社, a consolidated subsidiary, increased as the number of domestic Salon Answer System implementations reached 1,030 at the end of the first quarter consolidated accounting period and continued to perform steadily.」

    The number of Salon Answer System implementations was 1,030. Although this was down from 1,043 at the end of the previous fiscal year, the filing states that the subsidiary's revenue increased.
  9. FY2020AdvancedAnnual report

    「The number of Salon Answer System contracts stood at 1,043 at the end of the fiscal year, including 106 contracts with Adjuvant salons, and remained steady. As a result, full-year revenue was ¥884 million, up 8.9% from the previous fiscal year.」

    The number of Salon Answer System contracts offered by エクシードシステム株式会社 increased to 1,043, while Other revenue was ¥884 million, up 8.9% from the previous fiscal year.
  10. FY2020-Q3AdvancedAnnual report

    「The number of Salon Answer System contracts stood at 932 at the end of the third quarter consolidated accounting period, including 91 contracts with Adjuvant salons, and remained steady. As a result, revenue for the nine months ended the third quarter was ¥624 million, up 5.2% year on year.」

    The number of Salon Answer System contracts sold by エクシードシステム株式会社 increased to 932, while revenue in the Other segment also rose 5.2% year on year.
  11. FY2020-Q2Continued decline in Other revenueAnnual report

    「Revenue for the six months ended the second quarter was ¥360 million, down 9.2% year on year.」

    Revenue in the Other segment, including エクシードシステム株式会社, was ¥360 million, continuing to decline by 9.2% year on year.
  12. FY2019Full-year revenue decline due to the cloud migrationAnnual report

    「Revenue in the Other segment was ¥812 million for the fiscal year because the earlier-than-planned shift by a consolidated subsidiary from on-premises to cloud-based core computer software reduced related hardware sales and development projects. This represented a 19.4% decline from the previous fiscal year.」

    The accelerated shift by the subsidiary from on-premises to cloud-based systems reduced hardware sales and development projects, resulting in a 19.4% full-year decline in Other revenue.
  13. FY2019-Q3Failure to meet the plan due to the accelerated cloud migrationAnnual report

    「Revenue related to computer software at consolidated subsidiaries remained below the original plan because the earlier-than-planned shift from on-premises to cloud-based systems reduced hardware sales and development projects. As a result, revenue for the nine months ended the third quarter was ¥593 million, down 26.2% year on year.」

    For software-related revenue at consolidated subsidiaries, including エクシードシステム, the earlier-than-planned shift from on-premises to cloud-based systems was identified as a factor behind the decline in hardware sales and development projects and the failure to meet the plan.
  14. FY2019-Q2Delay in the subsidiary's software revenue planAnnual report

    「Because revenue related to computer software at consolidated subsidiaries was behind plan, revenue for the six months ended the second quarter was ¥397 million, down 25.3% year on year.」

    Computer software revenue at consolidated subsidiaries, including エクシードシステム, fell behind plan, causing revenue in the Other segment to fall below the year-earlier level.
  15. FY2018Cited as achievedAnnual report

    「エクシードシステム株式会社 has expertise in system development for the beauty industry and has implemented systems at 3,800 beauty businesses. The company outsources the development and management of its MAP System to エクシードシステム株式会社.」

    The current role and implementation track record of エクシードシステム as the completed subsidiary responsible for developing and managing the MAP System are presented.
  16. FY2018-Q1Cited as achievedAnnual report

    「Revenue increased because エクシードシステム株式会社 became a consolidated subsidiary effective 1 June 2016 and the Diamond J (DJ) series, a new skincare product line, performed steadily.」

    The completed addition of エクシードシステム株式会社 as a consolidated subsidiary is cited, together with strong sales of the DJ series, as a factor behind the increase in revenue.
  17. FY2017Cited as achievedAnnual report

    「By welcoming エクシードシステム株式会社 into the group, the company expects to build big-data capabilities for customer management and management analysis, while enabling the agile development of the MAP System and expanding after-sales support for salons that have adopted it. The company believes this will accelerate the strengthening of consulting sales and ultimately contribute to improved group performance.」

    The company continues to describe the track record and effects of the wholly owned subsidiary status of エクシードシステム株式会社, including the MAP System and strengthened consulting sales.
  18. FY2017-Q3Cited as achievedAnnual report

    「The Other segment includes revenue from エクシードシステム株式会社 from the second quarter cumulative consolidated period. The number of MAP System contracts stood at 259 at the end of the third quarter consolidated accounting period, down 6 from the end of the previous fiscal year. As a result, revenue for the nine months ended the third quarter was ¥503 million, up 387.9% year on year.」

    Revenue associated with the completed acquisition of エクシードシステム株式会社 continues to be shown as a contributor to growth in the Other segment.
  19. FY2017-Q2Cited as achievedAnnual report

    「Although the termination of contracts with unauthorized distributors, an initiative undertaken in recent years, has had an impact, net sales increased from the first quarter of the fiscal year due to the newly consolidated subsidiary エクシードシステム株式会社.」

    The completed acquisition of エクシードシステム株式会社 as a subsidiary is cited as a factor behind the increase in revenue.
  20. FY2016AchievedAnnual report

    「By welcoming エクシード社 into the group, the company expects to build big-data capabilities for customer management and management analysis, while enabling the agile development of the MAP System and expanding after-sales support for salons that have adopted it. The company believes this will accelerate the strengthening of consulting sales and ultimately contribute to improved group performance.」

    Completed the acquisition of a wholly owned subsidiary, with an ownership interest of 100.0%, effective 1 June 2016. Total acquisition cost: ¥322 million.
Moved together

"Expansion in the Number of ADJUVANT Salons in Japan" moved the same way as this thread, in the same document, in 4 of its 20 moves.

444332★123456
  1. ★This thread
  2. 1Expansion in the Number of ADJUVANT Salons in Japan4×
  3. 2Strengthening Consultative Sales Using the MAP System4×
  4. 3Growth in the Number of Salon Answer System Contracts4×
  5. 4Improving Revenue and Operating Profit Margin3×
  6. 5Speeding Up Decision-Making and Improving Organizational Efficiency Through the Absorption Mergers of Subsidiaries3×
  7. 6Expanding the Product Lineup Toward Total Beauty Solutions2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Adjuvant Holdings's next results are scheduled for 2026-10-21. Read the earnings preview
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Strengthening the MAP system and consulting sales through the acquisition of エクシードシステム | ADJUVANT HOLDINGS CO.,LTD. (4929) | Komori