Capital and Business Alliance with Saison Information Systems and Joint Business Development
First written in FY2022-Q2. 1 of 4 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2026.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Saison Technology Co., Ltd. 81,000 81,000 To continue collaboration in the IT-related business」
Although the relationship with Saison Technology based on the equity method was scaled back, the company continues to hold 81,000 shares and describes the relationship as intended to continue collaboration in the IT-related business. - FY2025SoftenedAnnual report
「March 2024: Sold a 27.2% stake in Saison Information Systems Co., Ltd. (now Saison Technology Co., Ltd.) and excluded it from equity-method affiliates」
The capital and business alliance with Saison Technology was scaled back from a relationship based on the equity method following the sale of the 27.2% stake and its exclusion from equity-method affiliates. The company continues to hold 81,000 shares as cross-shareholdings. - FY2022-Q3AdvancedAnnual report
「The company acquired 4,488,800 common shares of Saison Information (27.71% of total issued shares) through an in-kind contribution from ECM to the company. In return, the company disposed of 1,781,297 treasury shares to ECM.」
The acquisition of 4,488,800 shares of Saison Information Systems, representing 27.71% of voting rights, was completed, making the company an equity-method affiliate. The company disposed of 1,781,297 treasury shares as consideration, moving the capital and business alliance from the planning stage to the implementation stage. - FY2022-Q2First statedAnnual report
「The company and Saison Information have agreed to enter into a business alliance covering the following matters: ① joint development of products combining Saison Information's HULFT and Linkage businesses with the group's IT-related businesses, centered on BUFFALO; and ② mutual use of Saison Information's and the group's sales channels. "The company will acquire 4,488,800 common shares of Saison Information (27.71% of total issued shares) through an in-kind contribution from ECM to the company."」
On 29 October 2021, the company resolved to enter into a capital and business alliance agreement and dispose of treasury shares through a third-party allotment. It described plans to jointly develop products combining Saison Information's products with IT-related products centered on BUFFALO, mutually use sales channels, and acquire 4,488,800 Saison Information shares, representing 27.71% of voting rights, making Saison Information an equity-method affiliate.