Acquisition of 15 stores from TSUTAYA
First written in FY2017. 2 of 4 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2018-Q3.
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- FY2018-Q3AdvancedAnnual report
「In April and June 2018, the company acquired 7 stores in eastern Japan from 株式会社ＴＳＵＴＡＹＡ, bringing the total number of group stores to 83 at the end of the third quarter.」
The disclosure has advanced from the previous description of completed acquisitions, stating that 7 stores in eastern Japan were acquired in April and June 2018. - FY2018-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors held on 8 March 2018, we entered into a business transfer agreement with 株式会社ＴＳＵＴＡＹＡ dated 9 March of the same year and completed the acquisition of the stores on 1 April of the same year.」
The process advanced from the previous planned acquisition of 7 stores and the contractual stage, with a business transfer agreement executed and 6 stores in eastern Japan acquired. - FY2018-Q1SoftenedAnnual report
「7 stores operated by 株式会社ＴＳＵＴＡＹＡ, mainly in eastern Japan」
The number of stores to be acquired was reduced to 7 from the 15 planned previously. The company disclosed an acquisition price of ¥1,485 million, cash settlement, and an acquisition schedule of 31 March 2018, with one store scheduled for 31 May. The process has advanced from the basic agreement to the execution of a business transfer agreement. - FY2017First statedAnnual report
「Through the acquisition of stores, we aim to expand our store network efficiently and over a short period while reducing store-opening costs compared with opening new stores. We plan to acquire 15 stores, mainly in eastern Japan, operated by 株式会社ＴＳＵＴＡＹＡ, with the acquisition scheduled for 1 March 2018.」
The company has entered into a basic agreement to acquire 15 stores operated by TSUTAYA, mainly in eastern Japan, on 1 March 2018 as a lower-cost, shorter-term means of expanding its store network than opening new stores.