Elements (5246) · InitiativeAchieved
Integrated Operations Through the Absorption Merger of MYCITY
First written in FY2024. 1 of 2 entries say "Achieved", first in FY2025. Latest entry: FY2025.
2entries
2years
0from disclosures
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Centralization and greater efficiency in group management through the merger and integration of subsidiariesA theme 203 companies write about · 1 as a headwind · 215 as a tailwind
88 other companies' latest entry also says "Achieved".
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Showing 14 of the 185 companies compared. The sentences above are computed from all 185.Comparing 200 of the theme's 222 threads.Full recordFilings, disclosures and news, newest first
- FY2025AchievedAnnual report
「November 2024 Absorption-type merger of MYCITY into ELEMENTS」
The absorption-type merger of MYCITY decided in the previous fiscal year was completed in November 2024, completing integrated operations aimed at reducing administrative costs and improving operational efficiency. - FY2024First statedAnnual report
「MYCITY operates businesses including the optimization of residential living environments. However, we decided to absorb it through a merger because we determined that integrated operations by our company would be more efficient from the perspective of administrative costs.」
The absorption-type merger of MYCITY on 1 November 2024 is described for the first time as a measure to operate the business on an integrated basis for administrative cost and operational efficiency reasons.