Corporate split of the Hall System business and establishment of SUNTAC Co., Ltd.
First written in FY2020. 2 of 4 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021AchievedAnnual report
「In October and December 2020, from the perspective of strengthening the collaboration between JALCO HD and SUNTAC and focusing and concentrating the businesses of the company group, the company transferred all of its shares in SUNTAC to JALCO HD. / Ownership interest after the transfer: 0%」
Full-year disclosures confirmed the complete transfer of the company’s shareholding and an ownership ratio of 0% following SUNTAC’s establishment, the capital and business alliance with JALCO HD, and phased share transfers. - FY2021-Q3AdvancedAnnual report
「In October and December 2020, from the perspective of strengthening the collaboration between JALCO HD and SUNTAC and focusing and concentrating the businesses of the company group, the company transferred all of its shares in SUNTAC to JALCO HD. / Ownership interest after the transfer: 0%」
Through share transfers in October and December 2020, all SUNTAC shares were transferred to JALCO HD, reducing the company’s ownership ratio to 0%. The externalization of the business following SUNTAC’s establishment and capital and business alliance reached the completion stage. - FY2021-Q2AdvancedAnnual report
「Within the entertainment-related business, the hall system business was transferred through a corporate demerger in May 2020 and separated as SUNTAC Inc. (hereinafter, “SUNTAC”). We entered into a capital and business alliance with JALCO HD to expand earnings through synergies involving JALCO HD’s financial services. In October 2020, we sold 50% of the SUNTAC shares we held to JALCO HD, reducing our ownership ratio to 14%.」
Following SUNTAC’s establishment, the company proceeded to a capital and business alliance with JALCO HD and the sale of shares, giving concrete form to earnings expansion and business selectivity through the separation of the hall system business and an external partnership. - FY2020First statedAnnual report
「Established on 1 May 2020. …Corporate name: 株式会社ＳＵＮＴＡＣ…Business description: Hall system business…Capital: ¥50 million…Shareholding: 100% owned by the company」
The company carried out a simplified incorporation-type company split of the hall system business to develop management personnel and for other purposes, and established SUNTAC Inc. on 1 May 2020.