Ridge-i (5572) · InitiativeDropped
Making スターミュージック・エンタテインメント a subsidiary and entering the AI applications market
First written in FY2024-Q3. 2 of 7 entries say "Dropped", first in 2026-03-30. Latest entry: FY2026.
7entries
3years
3from disclosures
How it moved
Same theme, other companies
Expansion into the AI utilization market through the acquisition of Star Music Entertainment as a subsidiaryA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2026DroppedAnnual report
「In July 2026, the company sold all shares of 株式会社スターミュージック・エンタテインメント and excluded it from consolidation.」
The initiative to make Star Music a subsidiary and enter the AI utilization market ceased to be an ongoing initiative following the sale of all shares in the company and its exclusion from consolidation. - FY2025AdvancedAnnual report
「In May 2025, we acquired additional shares of 株式会社スターミュージック・エンタテインメント.」
Additional shares of the existing subsidiary were acquired, increasing the voting rights ownership ratio from 54% to 67%. - FY2024AchievedAnnual report
「Business combination date: 14 June 2024; acquisition of shares for cash consideration; voting rights acquired: 54%; consideration for acquisition: ¥701.1 million」
The acquisition of スターミュージック・エンタテインメント as a subsidiary was completed on 14 June 2024, with the voting rights ratio and acquisition consideration confirmed at 54% and ¥701.1 million, respectively. - FY2024-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 6 June 2024, the company resolved to acquire the shares of Star Music Entertainment Co., Ltd. and make it a subsidiary, and entered into a share transfer agreement on the same date.」
The plan to make the company a subsidiary was first disclosed on 6 June 2024. The acquisition is scheduled to take place on 31 July 2024, with a 53.77% voting rights interest to be acquired for ¥701 million in cash.