Housei (5035) · InitiativeAchieved
Reduction in Cross-Border E-Commerce Business Losses Through the Absorption Merger of 24ABC
First written in FY2024-Q1. 1 of 2 entries say "Achieved", first in FY2024-H1. Latest entry: FY2024-H1.
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Reduction in Cross-Border E-Commerce Business Losses Through the Absorption Merger of 24ABCA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2024-H1AchievedAnnual report
「Because the Company was the surviving company in the absorption-type merger and its consolidated subsidiary 24ABC株式会社 was the absorbed company, 24ABC株式会社 was excluded from the scope of consolidation.」
The absorption of 24ABC株式会社 was completed on 30 June 2024, executing the planned restructuring. No actual figure was disclosed for the effect of operational efficiency on reducing losses. - FY2024-Q1First statedAnnual report
「Accordingly, we aim to reduce losses through greater operational efficiency by absorbing 24ABC株式会社 into the Company. Business-combination date: 30 June 2024.」
Because Chinese import restrictions and weaker customer willingness to purchase made expansion of cross-border e-commerce difficult, the Company planned to absorb 24ABC株式会社 effective 30 June 2024 to reduce losses through greater operational efficiency.