Expansion of the media business by making 株式会社Monkey a wholly owned subsidiary
First written in FY2021-Q1. 3 of 5 entries say "Restated". Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024RestatedAnnual report
「Specifically, the Company operates ドクター交通事故, a matching service for clinics specializing in treatment for traffic accident injuries, operated by 株式会社2Hundred.」
Regarding 株式会社2Hundred following the conversion of Monkey into a wholly owned subsidiary, the Company describes it as the B2C platform business within its marketing platform services. - FY2021RestatedAnnual report
「Acquired 100% of the shares of 株式会社Monkey (now 株式会社2Hundred), converted it into a wholly owned subsidiary, and transitioned to consolidated accounting」
The history confirms the company name change following the conversion of 株式会社Monkey into a wholly owned subsidiary and the transition to consolidated accounting. - FY2021-Q3RestatedAnnual report
「In the media business, in addition to acquiring a new consolidated subsidiary, the Company continued initiatives to improve site rankings in order to increase the number of PVs (page views), the basis of advertising revenue. It focused on increasing the number of visitors and promoted SAKAKU, a B2B service providing marketing consulting for launching new media businesses for other companies and outsourcing media operations.」
The Company continued to describe the acquisition of new consolidated subsidiaries, including 株式会社Monkey, and existing initiatives in the media business. No milestone such as the completion of another acquisition was indicated. - FY2021-Q2AdvancedAnnual report
「During the second quarter accounting period, 株式会社Monkey became a wholly owned subsidiary of the Company following the acquisition of all of its shares, and has therefore been included in the scope of consolidation.」
The conversion of 株式会社Monkey into a wholly owned subsidiary progressed to its inclusion in the scope of consolidation, and the company is being operated as a consolidated subsidiary in the media business. The acquisition date was 5 January 2021, the voting rights acquired were 100%, and goodwill of ¥29.190 million was recorded. - FY2021-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 14 December 2020, the Company resolved to convert 株式会社Monkey into a wholly owned subsidiary and entered into a share transfer agreement dated 5 January 2021. Pursuant to the agreement, the Company acquired all of the shares on 5 January 2021 and made the company a subsidiary. Voting rights acquired: 100%」
The Company converted 株式会社Monkey, which operates a web media business covering food service and gourmet content, into a wholly owned subsidiary on 5 January 2021. The stated reasons for the acquisition were the complementary nature of the businesses, expanded sales of SAKAKU, and business expansion for both companies through synergies.