Establishment of X PLACE with Panasonic Holdings
First written in FY2022. 3 of 5 entries say "Restated". Latest entry: FY2023.
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- FY2023RestatedAnnual report
「The Group jointly established X PLACE Corporation, a joint venture, with MYCITY and Panasonic Holdings Corporation, and made it a new consolidated subsidiary (second-tier subsidiary).」
The establishment of X PLACE, its inclusion as a consolidated subsidiary, and the business platform aimed at personal optimization of living and working spaces were reiterated. - FY2023-Q3RestatedAnnual report
「During the first quarter, MYCITY and Panasonic Holdings Corporation jointly established X PLACE Corporation, a joint venture, which became a new consolidated subsidiary (second-tier subsidiary).」
The establishment of X PLACE and its inclusion as a consolidated subsidiary were reiterated as changes in the scope of consolidation. - FY2023-Q2RestatedAnnual report
「During the cumulative first quarter, MYCITY and Panasonic Holdings Corporation jointly established X PLACE Corporation, a joint venture, which became a new consolidated subsidiary (second-tier subsidiary).」
The establishment of X PLACE and its inclusion as a consolidated subsidiary were reiterated in the second-quarter report as changes in the business description and scope of consolidation. - FY2023-Q1AdvancedAnnual report
「During the cumulative first quarter, MYCITY and Panasonic Holdings Corporation jointly established X PLACE Corporation, a joint venture, which became a new consolidated subsidiary (second-tier subsidiary). The partial sale of shares in X PLACE Corporation also increased capital surplus by ¥95 million.」
X PLACE was included as a consolidated subsidiary, and the partial sale of its shares increased capital surplus by ¥95 million. - FY2022First statedAnnual report
「The joint venture aims to achieve both “personal optimization of living and working spaces” and “zero energy loss,” contributing to a sustainable society by improving the efficiency of energy use, beginning with the analysis of people’s lifestyle data.」
MYCITY and Panasonic Holdings established X PLACE on 1 December 2022. MYCITY holds an 80% stake.