Securing liquidity on hand through the partial transfer of インティメート・マージャー shares
First written in FY2018. 2 of 4 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2021-Q1.
6 other companies' latest entry also says "Achieved".
- FY2021-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 16 November 2020, the company resolved to transfer part of its holdings in its specified subsidiary, 株式会社インティメート・マージャー, comprising 450,000 shares, entered into a share transfer agreement with 株式会社SBI証券 on the same date, and transferred the shares on 18 November 2020.」
The transfer of 450,000 Intimate Merger,Inc. shares to SBI Securities was completed on 18 November 2020, and the company changed from a consolidated subsidiary to a company accounted for under the equity method. - FY2020ReframedAnnual report
「Based on the future business policies of both companies, we and Intimate Merger,Inc. reviewed our capital relationship and decided that enhancing Intimate Merger,Inc.'s independence would contribute to improving its medium- to long-term corporate value and, through this, the corporate value of our Group as a whole. We therefore decided to transfer Intimate Merger,Inc. shares, making it a non-consolidated company and an associate accounted for under the equity method.」
The company decided to transfer 450,000 Intimate Merger,Inc. shares to SBI Securities, reducing its ownership to 41.14% and changing Intimate Merger,Inc. from a consolidated subsidiary to a non-consolidated company and an associate accounted for under the equity method. - FY2019-Q1AchievedAnnual report
「Net assets at the end of the current first quarter of the consolidated fiscal year were ¥4,896 million, an increase of ¥401 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥480 million increase in capital surplus from the partial sale of shares in a subsidiary.」
The increase in capital surplus from the partial sale of Intimate Merger,Inc. shares was recorded in the financial results, indicating that the share sale to secure cash liquidity had been completed. - FY2018First statedAnnual report
「To secure sufficient cash liquidity and prepare for funding new businesses and other purposes, the company will partially sell its holdings in Intimate Merger,Inc. shares. Number of shares sold 5,146 shares Sale price ¥600 million Shares held after the sale 34,854 shares (72.6% ownership)」
To prepare for funding new businesses and other purposes, the company decided to sell 5,146 Intimate Merger,Inc. shares for ¥600 million, reducing its ownership from 83.3% to 72.6%.