Establishment of a subsidiary targeting the Chinese market
First written in FY2020-Q2. 2 of 4 entries say "Cited as achieved", first in FY2020. Latest entry: FY2021.
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- FY2021Cited as achievedAnnual report
「The Group (hereinafter, the “Group”) comprises the Company and its consolidated subsidiaries, SKJ USA,INC. and 愛斯凱杰（北京）文化伝播有限公司, and plans and sells character plush toys, key holders, household goods, mobile phone accessories, electronic toys and other products.」
Following the establishment of a subsidiary for the Chinese market, the full-year report reconfirms the three-company structure, including SKJ USA,INC. and 愛斯凱杰（北京）文化伝播有限公司. - FY2020Cited as achievedAnnual report
「It comprises the consolidated subsidiaries SKJ USA,INC. and 愛斯凱杰（北京）文化伝播有限公司, which plan and sell character plush toys, key holders, household goods, mobile phone accessories, electronic toys and other products.」
Following completion of the establishment of a subsidiary for the Chinese market, the full-year report confirms that it was included in the scope of consolidation as a three-company group, including the Beijing subsidiary. - FY2020-Q3AchievedAnnual report
「Name 愛斯凱杰（北京）文化伝播有限公司 (SKJ BEIJING CO.,LTD.) Head office location 22nd Floor, Room 08B, No. 10 Yi, East Third Ring Middle Road, Chaoyang District, Beijing, People's Republic of China Representative Yao Hirotoku (八百 博徳) Principal business activities Planning, sale, import and export of toys Capital RMB 4,500,000 (approximately ¥70 million) Date of establishment 6 January 2020 Ownership interest 100% owned by the Company」
The establishment procedures for the subsidiary focused on the Chinese market were completed on 6 January 2020. It has capital of RMB 4,500,000 (approximately ¥70 million) and is wholly funded by the Company. - FY2020-Q2First statedAnnual report
「The Company views China, where the rapidly growing amusement market has attracted a succession of Japanese amusement facility operators, as a new growth market. It decided to establish a subsidiary focused on the Chinese market and develop its business there. Name SKJ玩具（北京）商貿有限公司 (provisional name) Head office location Beijing, People's Republic of China Principal business activities Planning, sale, import and export of character products Capital ¥70 million (planned) Scheduled establishment February 2020 Ownership interest 100% owned by the Company」
The Company disclosed plans to establish a subsidiary in Beijing focused on the Chinese market, which it identified as a new growth market. The subsidiary was planned to have capital of ¥70 million, be established in February 2020, be wholly funded by the Company, and engage in the planning, sale, import and export of character products.