Expansion of the Engineer-Matching Business through the Conversion of 株式会社ジンアース into a Wholly Owned Subsidiary
First written in FY2023-Q2. 1 of 3 entries say "Advanced", first in FY2023-Q3. Latest entry: FY2023.
0 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Through this M&A, 株式会社ジンアース and the Company expect to generate cross-selling opportunities by combining their respective customer bases and IT engineer databases, enabling both companies to achieve further growth.」
The Company continues to pursue a plan for cross-selling by combining ジンアース's customer network with Midworks' expertise, while strengthening sales and recruitment capabilities and broadening customer access. - FY2023-Q3AdvancedAnnual report
「As 株式会社ジンアース and 株式会社UPTORY became subsidiaries through share acquisitions, they have been included in the scope of consolidation from the third quarter of the current consolidated accounting period.」
For ジンアース, the transaction progressed from the execution of the share acquisition agreement to the acquisition and establishment as a wholly owned subsidiary on 31 March 2023, followed by its inclusion in the scope of consolidation. The acquisition consideration was ¥210 million, and only the balance sheet has been consolidated as of the deemed acquisition date. - FY2023-Q2First statedAnnual report
「Through this M&A, ジンアース and the Company expect to generate cross-selling opportunities by combining their respective customer bases and IT engineer databases, enabling both companies to achieve further growth. In particular, by leveraging ジンアース's strong customer networks in Sapporo, Sendai and Fukuoka and applying the Midworks expertise that the Company has developed primarily in Tokyo and Osaka, the Company expects to offer a broader range of proposals to customer segments it had previously been unable to reach, enabling accelerated business expansion.」
On 22 March 2023, the Company entered into an agreement to acquire all shares of 株式会社ジンアース, which operates an engineer-matching service, and make it a subsidiary. The acquired voting interest is 100% and the acquisition consideration is ¥210 million. The Company expects to achieve cross-selling and expand the business through the mutual use of the companies' customer bases and IT engineer databases, combining ジンアース's customer networks in Sapporo, Sendai and Fukuoka with Midworks' expertise.