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Rentracks (6045) · InitiativeDecrease in the number of overseas subsidiaries and liquidation of the Thai subsidiaryLatest M&A and Subsidiary Changes (2026-10-16): "Softened"

Expansion of Existing Businesses Overseas through Subsidiaries in Thailand, Indonesia and China, and Indonesian E-Commerce Business

First written in FY2018-Q1. 4 of 11 entries say "Advanced", first in FY2019-Q3. Latest entry: 2026-10-16.

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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY2018AdvancedFY2019-Q3 – FY2021OtherFY2023 – FY20262017: 220172018: 220182019: 120192020: 220202021: 120212022: 020222023: 120232024: 020242025: 020252026: 22026
Same theme, other companies
Expansion of Overseas Operations and Global Business DevelopmentA theme 50 companies write about · 0 as a headwind · 50 as a tailwind

0 other companies' latest entry also says "Softened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 50 companies compared. The sentences above are computed from all 50.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-16SoftenedM&A and Subsidiary Changes

    「当社グループは、インターネットマーケティング事業とリユース事業を今後の成長の両輪と位置付け、収益基盤の多様化と持続的な企業価値向上に向けた事業ポートフォリオの構築及び経営資源の最適配分を進めております。」

    海外子会社を含む事業体制について、アテナ上海の全持分を譲渡し、持分譲渡の実行に伴い連結子会社から除外する予定を示している。海外展開全体の終了ではないため、スレッド全体の終息ではなく対象範囲の縮小として記録する。
  2. FY2026Decrease in the number of overseas subsidiaries and liquidation of the Thai subsidiaryAnnual report

    「The Group has 5 domestic subsidiaries and 13 overseas subsidiaries, and each subsidiary will continue to pursue global sales activities to contribute to improved performance across the Group.」

    The disclosure describes a structure comprising 5 domestic subsidiaries and 13 overseas subsidiaries. The corporate history states that Rentracks(Thailand)Co.,Ltd. was liquidated in February 2026.
  3. FY2023Decrease in the number of overseas subsidiaries and liquidation of the China Dalian subsidiaryAnnual report

    「The Group has 4 domestic subsidiaries and 14 overseas subsidiaries, and each subsidiary will continue to pursue global sales activities to contribute to improved performance across the Group.」

    The number of overseas subsidiaries decreased from the 15 disclosed previously to 14, and the corporate history states that 聯特瑞客(大連)信息科技有限公司 in Dalian, China, was liquidated in April 2022.
  4. FY2021AdvancedAnnual report

    「The Group has 4 domestic subsidiaries and 15 overseas subsidiaries, and each subsidiary will continue to pursue global sales activities to contribute to improved performance across the Group.」

    The disclosure describes a structure comprising 4 domestic subsidiaries and 15 overseas subsidiaries, with each subsidiary continuing its global sales activities.
  5. FY2021-Q1AdvancedAnnual report

    「阿迪納(上海)市場営銷策劃有限公司 has been included in the scope of consolidation from the current first-quarter consolidated accounting period because it is considered likely to have a material effect on the consolidated financial statements for the consolidated fiscal year that includes the current first-quarter consolidated accounting period.」

    Regarding overseas expansion, 阿迪納(上海)市場営銷策劃有限公司 was included in the scope of consolidation from the first-quarter consolidated accounting period.
  6. FY2020AdvancedAnnual report

    「In Japan, in addition to 株式会社Anything, 株式会社GROWTH POWER and 株式会社ユニバーサルメディアジャパン, the Group established 株式会社テクノパル. Overseas, it newly established subsidiaries in the Philippines (Manila), Malaysia (Kuala Lumpur), India (Gurugram), Mongolia (Ulaanbaatar) and Bangladesh (Dhaka), and will continue to pursue global sales activities to contribute to improved performance across the Group.」

    In addition to its existing overseas operations, the Group newly established subsidiaries in the Philippines, Malaysia, India, Mongolia and Bangladesh, and disclosed its continued global sales activities.
  7. FY2019-Q3AdvancedAnnual report

    「In addition, as 联特瑞客(香港)有限公司 and 台湾聯特瑞客有限公司 were newly established from the current third-quarter consolidated accounting period, they have been included in the scope of consolidation.」

    As part of its existing overseas expansion, the Group established new subsidiaries in Hong Kong and Taiwan and included them in the scope of consolidation.
  8. FY2018RestatedAnnual report

    「The Group has established overseas subsidiaries and operates businesses in Vietnam, Thailand, Indonesia and China.」

    The disclosure continues to cover business operations by overseas subsidiaries in Vietnam, Thailand, Indonesia and China.
  9. FY2018-Q3RestatedAnnual report

    「In May 2017, the Group established subsidiaries in Thailand (Bangkok), Indonesia (Jakarta) and China (Dalian) to expand its existing businesses, and also launched an e-commerce website operation in Indonesia.」

    The disclosure continues from the previous quarter regarding the establishment of subsidiaries in Thailand, Indonesia and China and the launch of an e-commerce website operation in Indonesia.
  10. FY2018-Q2RestatedAnnual report

    「In May 2017, the Group established subsidiaries in Thailand (Bangkok), Indonesia (Jakarta) and China (Dalian) to expand its existing businesses, and also launched an e-commerce website operation in Indonesia.」

    The disclosure continues from the previous quarter regarding the establishment of subsidiaries in Thailand, Indonesia and China and the launch of an e-commerce website operation in Indonesia.
  11. FY2018-Q1First statedAnnual report

    「In May 2017, the Group established subsidiaries in Thailand (Bangkok), Indonesia (Jakarta) and China (Dalian) to expand its existing businesses, and also launched an e-commerce website operation in Indonesia.」

    This is the first disclosure of the establishment of 3 companies in Thailand, Indonesia and China to expand the existing businesses overseas, and the launch of a new e-commerce website operation in Indonesia.
Moved together

"Diversifying earnings through the development of new business pillars" moved the same way as this thread, in the same document, in 4 of its 11 moves.

42222★12345
  1. ★This thread
  2. 1Diversifying earnings through the development of new business pillars4×
  3. 2High Growth in Sales and Profit2×
  4. 3Expansion of the Partner-Site Operator Network2×
  5. 4Improving Revenue Growth, Operating Margin and Business Activity Metrics2×
  6. 5Dilution of Shareholder Value through Stock Options2×

★ 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
No upcoming earnings preview for Rentracks yet. It last moved in the M&A and Subsidiary Changes of 2026-10-16: "Softened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Expansion of Existing Businesses Overseas through Subsidiaries in Thailand, Indonesia and China, and Indonesian E-Commerce Business | Rentracks CO.,LTD. (6045) | Komori