Making 株式会社エンバウンド a wholly owned subsidiary and launching the IP production business
First written in FY2025-Q1. 5 of 6 entries say "Advanced", first in FY2025-H1. Latest entry: FY2027-H1.
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- FY2027-H1AdvancedAnnual report
「During the current interim consolidated accounting period, sales of “Onsen Musume” merchandise, which can only be purchased in hot spring destinations, proceeded smoothly against plan. Although revenue recognition for certain events lagged behind plan, revenue was ¥131.647 million, up 3.1% year on year. On the earnings side, the Company worked toward revising prices for merchandise and other products, but the cost ratio remained higher than expected, resulting in a segment loss of ¥15.351 million.」
Merchandise sales proceeded smoothly against plan, and revenue from the IP Production business increased 3.1% year on year. However, the persistently high cost ratio resulted in a segment loss. - FY2026AdvancedAnnual report
「During the consolidated fiscal year, sales of Onsen Musume merchandise available only at hot spring destinations and events showcasing the appeal of hot spring destinations progressed steadily against the plan. However, the segment recorded sales of ¥286.390 million, up 94.6% year on year, and a segment loss of ¥115.604 million, compared with a loss of ¥75.048 million in the previous fiscal year, mainly due to the recognition of ¥51.204 million in Poka-katsu app development costs and ¥33.680 million in goodwill amortization.」
Sales of Onsen Musume merchandise and events progressed steadily against the plan, with sales up 94.6% year on year. However, the segment loss widened due to app development costs and goodwill amortization. - FY2026-H1AdvancedAnnual report
「During the interim consolidated accounting period, sales of Onsen Musume merchandise available only at hot spring destinations and events showcasing the appeal of hot spring destinations progressed steadily against the plan. However, the segment recorded sales of ¥127.708 million, up 178.0% year on year, and a segment loss of ¥84.777 million, compared with a segment loss of ¥33.176 million in the same period of the previous year, mainly due to the recognition of ¥51.204 million in development costs for the Poka-katsu app and ¥16.840 million in goodwill amortization.」
Sales of Onsen Musume merchandise and events progressed steadily against the plan, resulting in sales of ¥127.708 million, up 178.0% year on year. However, the segment loss was ¥84.777 million due to the recognition of app development costs and other expenses. - FY2025AdvancedAnnual report
「株式会社エンバウンド, which produces Onsen Musume content, was made a consolidated subsidiary. Sales of merchandise available only at hot spring destinations progressed strongly against the plan, but the segment recorded sales of ¥147.191 million and a segment loss of ¥75.048 million due to the recognition of ¥25 million in acquisition-related costs and ¥25.260 million in goodwill amortization.」
For the full year following the acquisition of エンバウンド as a subsidiary, the IP production business recorded sales of ¥147.191 million. Although sales of merchandise available only at hot spring destinations were strong against the plan, acquisition-related costs and goodwill amortization resulted in a segment loss. - FY2025-H1AdvancedAnnual report
「Sales of Onsen Musume merchandise available only at hot spring destinations progressed steadily against the plan, but the segment posted sales of ¥45.930 million and a segment loss of ¥33.176 million, mainly due to the recognition of ¥25 million in acquisition-related costs and ¥8.420 million in amortization of goodwill.」
Following the acquisition of エンバウンド as a wholly owned subsidiary, sales of Onsen Musume-related merchandise and other products progressed steadily against the plan, and the IP production business recorded sales of ¥45.930 million for the interim period. However, acquisition-related costs and other factors resulted in a segment loss of ¥33.176 million. - FY2025-Q1First statedAnnual report
「During the first quarter cumulative period, we acquired all shares of 株式会社エンバウンド and included it in the scope of consolidation, thereby launching the IP production business.」
On 10 May 2024, all shares of エンバウンド were acquired, making it a wholly owned subsidiary, and the IP production business was launched to produce content related to Onsen Musume. The consideration was ¥237.580 million in cash and ¥12.420 million in treasury shares, for a total of ¥250 million. For the current quarter, only the balance sheet was consolidated.