Withdrawal from the card business
First written in FY2016. 3 of 5 entries say "Achieved", first in FY2017-Q1. Latest entry: FY2017.
No other company in this theme has enough history to compare yet.
- FY2017AchievedAnnual report
「As the liquidation of カードフレックスジャパン株式会社 had been completed, its inclusion in the business flow chart has been omitted.」
The liquidation of カードフレックスジャパン was completed on 21 February 2017, completing the withdrawal from the card business. - FY2017-Q3RestatedAnnual report
「As announced in the notice dated 31 March 2016 titled "Notice Regarding the Implementation of the Reorganisation of Our Group (Merger and Dissolution of Subsidiaries)," we decided to dissolve and liquidate our consolidated subsidiary, カードフレックスジャパン株式会社, and have withdrawn from that business.」
The company continues to disclose its withdrawal from the card business based on the policy to dissolve and liquidate カードフレックスジャパン. - FY2017-Q2AchievedAnnual report
「The "(2) Agreement Relating to the Prepaid Card Business" concerning the issuance of prepaid cards and operation of the business with CardFlex Inc., as described in the securities report for the preceding fiscal year, was terminated on 30 June 2016 in connection with the withdrawal from the card business.」
In connection with the withdrawal from the card business, the prepaid card business agreement with CardFlex Inc. was terminated on 30 June 2016. - FY2017-Q1AchievedAnnual report
「As announced in the notice dated 31 March 2016 titled "Notice Regarding the Implementation of the Reorganisation of Our Group (Merger and Dissolution of Subsidiaries)," we decided to dissolve and liquidate our consolidated subsidiary, カードフレックスジャパン株式会社, and have withdrawn from that business.」
It states that the company withdrew from the card business based on the policy to dissolve and liquidate カードフレックスジャパン. - FY2016First statedAnnual report
「We decided to dissolve and liquidate our consolidated subsidiary, カードフレックスジャパン株式会社, and consequently withdraw from that business.」
A policy has been adopted to withdraw from the international-brand prepaid card business through the dissolution and liquidation of the subsidiary.