Transition to a holding company structure through a newly established company split
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2017-Q3.
No other company in this theme has enough history to compare yet.
- FY2017-Q3RestatedAnnual report
「Effective 4 January 2017, the Company transitioned to a holding company structure and changed its corporate name to “FreakOut Holdings,inc.” on the same date.」
The transition to a holding company structure and the corporate name change completed on 4 January 2017 continued to provide the basis for group management in the current quarter. - FY2017-Q2RestatedAnnual report
「Effective 4 January 2017, the Company transitioned to a holding company structure and changed its corporate name to “FreakOut Holdings,inc.” on the same date.」
The transition to a holding company structure and the corporate name change completed in the previous quarter through the incorporation-type company split continued to provide the basis for the business and segment structure in the current quarter. - FY2017-Q1AchievedAnnual report
「Based on resolutions adopted at the Board of Directors meeting held on 18 November 2016 and the sixth Annual General Meeting of Shareholders held on 21 December 2016, the Company carried out a company split (incorporation-type company split), with the Company as the splitting company, effective 4 January 2017, and transitioned to a holding company structure.」
The planned incorporation-type company split was carried out effective 4 January 2017, completing the transition to a holding company structure. - FY2016First statedAnnual report
「The Company determined that it needed to strengthen its strategic planning function for group management, including new businesses and M&A; enhance group competitiveness by clarifying the authority and responsibilities of each Group company while promoting management autonomy; and improve corporate governance by separating group management and business execution. It therefore decided to transition to a holding company structure through this incorporation-type company split as the optimal method of achieving these objectives.」
The Company presented a plan under which, with 4 January 2017 as the effective date, the DSP business would be transferred to the newly established company and the Company would change its name to FreakOut Holdings.