Making apparel brand “foufou” a subsidiary and transferring its business
First written in FY2023. 1 of 2 entries say "Achieved", first in FY2024-Q2. Latest entry: FY2024-Q2.
No other company in this theme has enough history to compare yet.
- FY2024-Q2AchievedAnnual report
「On 1 August 2023, the first quarter of the fiscal year, we acquired all shares of 株式会社foufou, making it a consolidated subsidiary, and changed the classification of our reportable segments accordingly.」
The planned acquisition of foufou as a subsidiary was completed on 1 August 2023, and the company became subject to consolidation and segment disclosure as a consolidated subsidiary. - FY2023First statedAnnual report
「At a meeting of the Board of Directors held on 23 June 2023, we resolved to establish a subsidiary on 1 August 2023 and, through that subsidiary, acquire all shares in the company that would succeed to the apparel brand foufou business operated by 株式会社ステイト・オブ・マインド through an absorption-type company split, thereby making it a subsidiary. We entered into a share transfer agreement on the same date.」
The company described plans to acquire a new apparel brand not included in the filing company’s business description through a wholly owned subsidiary and wholly owned sub-subsidiary, and the subsidiary was established, the shares were acquired and the absorption-type merger was completed by the filing date.