Transforming the Satellite Communications Business into an IoT/ICT-Based Business
First written in FY2019. 1 of 3 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2022-Q3.
0 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 22 September 2021, the company resolved that, effective 1 March 2022, the rights and obligations relating to the satellite communications business of its former ICT Engineering Division would be transferred through a company split to its consolidated subsidiary 協立電波サービス株式会社, and entered into an absorption-type company split agreement as described below.」
The company reiterated the resolution and agreement disclosed in the previous quarter regarding the company split under which the satellite communications business would be transferred to 協立電波サービス株式会社. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 22 September 2021, the company resolved that, effective 1 March 2022, the rights and obligations relating to the satellite communications business of its former ICT Engineering Division would be transferred through a company split to its consolidated subsidiary 協立電波サービス株式会社, and entered into an absorption-type company split agreement as described below.」
The company resolved to implement a company split aimed at strengthening competitiveness and improving efficiency in the operation of the satellite communications business, and entered into an absorption-type company split agreement. The planned effective date is 1 March 2022. - FY2019First statedAnnual report
「For the satellite communications business, a new business, we aim to make a major shift from a business centered on reselling satellite communications lines to creating business opportunities through the use of IoT and ICT, and will strengthen the development of our engineering and platform businesses.」
The company stated for the first time its plan to transform the satellite communications business from a line-resale model to an IoT- and ICT-based model and strengthen its engineering and platform businesses.