Withdrawal from the sports business and transfer of the business to RIZAP
First written in FY2017. 3 of 5 entries say "Cited as achieved", first in FY2018-Q3. Latest entry: FY2019-Q3.
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- FY2019-Q3Cited as achievedAnnual report
「As the sports business was transferred in the same period of the previous year, the reported segment "Sports Business" was discontinued from the first quarter of the current fiscal year. In the same period of the previous year, revenue from the sports business was ¥378 million and the segment loss was ¥136 million.」
The transfer of the sports business and discontinuation of the reported segment are again cited as the basis for year-on-year comparisons and the current business structure. - FY2018Cited as achievedAnnual report
「As a result of executing the business transfer on 23 May 2017, revenue was ¥378 million, down 89.3% year on year, and the segment loss was ¥136 million, compared with a segment loss of ¥184 million in the previous fiscal year.」
The completed transfer of the sports business to RIZAP株式会社 was reflected in the full-year results, quantifying the size of the sports business after the transfer. - FY2018-Q3Cited as achievedAnnual report
「As a result of executing the business transfer on 23 May 2017, revenue was ¥378 million, down 84.9% year on year, and the segment loss was ¥136 million, compared with a segment loss of ¥142 million in the same period of the previous year.」
The completed transfer of the sports business to RIZAP株式会社 was again recorded, together with the sports business's revenue and loss after the transfer. - FY2018-Q1AchievedAnnual report
「As a result of executing the business transfer on 23 May 2017」
The transfer of the sports business to RIZAP株式会社 was completed on 23 May 2017, completing the exit from the sports business. - FY2017First statedAnnual report
「We decided to transfer this business after determining that concentrating on businesses centered on beauty and traditional Japanese clothing, and reallocating management resources, would accelerate the pace of growth.」
The sports-equipment sales business was transferred to RIZAP株式会社 on 23 May 2017, and a policy of focusing on beauty and traditional Japanese clothing was announced.