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Argo Graphics (7595) · InitiativeAdvanced

Expansion of development capabilities, the Kyushu customer base and PLM business through making システムプラネット a subsidiary

First written in FY2018-Q2. 1 of 2 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2018-Q3.

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ProgressHeldSoftenedWorseFirst statedFY2018-Q22017: 120172018: 12018
Same theme, other companies

2 other companies' latest entry also says "Advanced".

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Full recordFilings, disclosures and news, newest first
  1. FY2018-Q3AdvancedAnnual report

    「The Company expects that welcoming システムプラネット社 into the Group will strengthen its software development capabilities, enhance customer support in the Kyushu region, help develop new customers and further contribute to expanding its core PLM business. Business combination date: 2 October 2017; voting rights acquired: 67%.」

    The acquisition of システムプラネット社 as a subsidiary was completed on 2 October 2017, and it was included in consolidated third-quarter results with a 67% voting interest. The objectives were to strengthen software development capabilities, enhance customer support in the Kyushu region, develop new customers and expand the PLM business. Goodwill of ¥260 million was recognized and is to be amortized on a straight-line basis over 10 years.
  2. FY2018-Q2First statedAnnual report

    「At a meeting of its Board of Directors held on 19 September 2017, the Company resolved to acquire the shares of システムプラネット社, which operates an IT services business primarily in the Kyushu region, and make it a subsidiary. The Company acquired the shares on 2 October 2017. The Company expects that welcoming システムプラネット社 into the Group will strengthen its software development capabilities, enhance customer support in the Kyushu region, help develop new customers and further contribute to expanding its core PLM business.」

    The Company acquired 67% of the voting rights of システムプラネット社 and made it a subsidiary. The objectives are to strengthen software development capabilities, enhance customer support in the Kyushu region, develop new customers and expand the PLM business.
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Argo Graphics's next results are scheduled for 2026-11-06. Read the earnings preview
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Expansion of development capabilities, the Kyushu customer base and PLM business through making システムプラネット a subsidiary | ARGO GRAPHICS Inc. (7595) | Komori