Consolidation as a subsidiary through the 100% acquisition of 株式会社プレミアライフ and market complementarity in the rent guarantee business
First written in FY2024-Q1. 2 of 3 entries say "Restated". Latest entry: FY2024-Q3.
12 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「As 株式会社プレミアライフ was converted into a subsidiary through the acquisition of its shares from the beginning of the first quarter consolidated accounting period, it has been included in the scope of consolidation.」
Following the acquisition of プレミアライフ’s shares and its conversion into a consolidated subsidiary, the Company continues to include it in the scope of consolidation. - FY2024-Q2RestatedAnnual report
「As 株式会社プレミアライフ was converted into a subsidiary through the acquisition of its shares from the beginning of the first quarter consolidated accounting period, it has been included in the scope of consolidation.」
Following the acquisition of プレミアライフ’s shares and its conversion into a consolidated subsidiary on 1 April 2023, the Company continues to include it in the scope of consolidation. - FY2024-Q1First statedAnnual report
「Like the Company, 株式会社プレミアライフ operates primarily in the rent guarantee business as a consolidated subsidiary of Prestige International Inc. While the Company targets property management companies of relatively medium or larger scale, 株式会社プレミアライフ primarily targets small and medium-sized property management companies, making the two companies complementary in their target markets. As both companies operate in the same rent guarantee business, the Company believes that it will be relatively easy to share expertise and management resources in areas such as sales cooperation, receivables collection and contract management. In addition to the expected contribution of 株式会社プレミアライフ to revenue and profit generation through this transaction, the Company determined that sharing its expertise in receivables and contract management would further improve operating efficiency. Accordingly, on 1 April 2023, the Company acquired 100% of the shares of 株式会社プレミアライフ from its parent company, Prestige International Inc., and made it a consolidated subsidiary.」
On 1 April 2023, the Company acquired 100% of the shares of プレミアライフ from its parent company and made it a consolidated subsidiary. The Company, which primarily targets medium-sized and larger property management companies, and プレミアライフ, which primarily targets small and medium-sized property management companies, complement each other in their markets. New initiatives were presented to promote sales cooperation, sharing of expertise and management resources in receivables collection and contract management, revenue and profit generation, and improved operating efficiency.