Rvh (6786) · InitiativeCited as achieved
Transfer of All Shares in ラブリークィーン and Debt Forgiveness
First written in FY2020. 1 of 2 entries say "Achieved", first in FY2020. Latest entry: FY2021-Q1.
2entries
1years
0from disclosures
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Transfer of All Shares in ラブリークィーン and Debt ForgivenessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2021-Q1Cited as achievedAnnual report
「In June, the company transferred all shares of 株式会社ラブリークィーン,」
The transfer of all shares of ラブリークィーン is restated as a completed transaction underlying the business structure and policy of concentrating management resources after the transfer of the subsidiary. A ¥742 million loss on the waiver of receivables associated with the transfer was also recognized in profit or loss for the quarter. - FY2020AchievedAnnual report
「In connection with this share transfer, the company decided to waive ¥742 million in receivables, including loans to LQ.」
On 3 June 2020, the company decided to transfer all shares of 株式会社ラブリークィーン to 株式会社Jrout and, in connection with the transfer, waived ¥742 million in receivables, including loans. The company exited the apparel business in response to deteriorating performance caused by the COVID-19 pandemic and the risk of a large-scale capital injection.