Acquisition and Consolidation of Contact Lens Retail Business
First written in FY2018-Q1. 4 of 11 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2022.
0 other companies' latest entry also says "Achieved".
- FY2022AchievedAnnual report
「Effective 1 January 2022, we carried out an absorption-type merger in which our consolidated subsidiary ㈱シードアイサービス was the surviving company and our consolidated subsidiary ㈱アイスペース was the absorbed company.」
The integration of the subsidiaries operating the contact lens retail business was completed on 1 January 2022. - FY2022-Q3AchievedAnnual report
「Business separation date: 1 November 2021 Business transfer for consideration consisting solely of cash」
On 1 November 2021, we transferred certain stores of シードアイサービス to HOYA CORPORATION, completing the partial transfer of the retail business. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 September 2021, we resolved to transfer certain stores of our consolidated subsidiary 株式会社シードアイサービス to HOYA CORPORATION, and entered into a business transfer agreement on 14 October 2021.」
To improve the operating efficiency of the contact lens retail business, we entered into a business transfer agreement with HOYA CORPORATION for certain stores of シードアイサービス on 14 October 2021. The effective date was set as 1 November 2021. - FY2021-Q3ReframedAnnual report
「At a meeting of the Board of Directors held on 7 December 2020, we resolved to transfer the contact lens retail business of our consolidated subsidiary 株式会社アイスペース to HOYA CORPORATION, and entered into a business transfer agreement on 19 January 2021.」
We changed our policy regarding the contact lens retail business that had been acquired and consolidated, deciding to transfer it to HOYA CORPORATION to improve operating efficiency. The effective date of the transfer was stated as 1 February 2021. - FY2021-Q2AchievedAnnual report
「During the cumulative second quarter consolidated period, 株式会社タワービジョン was dissolved through an absorption merger with 株式会社シードアイサービス as the surviving company. However, because 株式会社シードアイサービス assumed the business previously operated by 株式会社タワービジョン, there were no significant changes to the businesses operated by the Company's group, comprising the Company and its affiliates.」
株式会社タワービジョン was dissolved through an absorption merger with 株式会社シードアイサービス as the surviving company, completing the succession of its business. - FY2021-Q1AdvancedAnnual report
「The merger is intended to maximize the corporate value of the Company's group by centralizing the retail stores operated by 株式会社シードアイサービス and 株式会社タワービジョン, creating expected synergies through joint campaigns and customer referrals, and streamlining management by reducing administrative costs, including by establishing a system for cooperation when stores are short-staffed.」
The absorption merger of 株式会社タワービジョン by 株式会社シードアイサービス established a concrete framework for streamlining the retail business through the centralization of retail stores, joint campaigns, customer referrals and reductions in administrative costs. - FY2020AdvancedAnnual report
「While restructuring the business by largely consolidating wholesale sales offices in Tokyo and closing unprofitable stores operated by the retail subsidiary, among other measures」
In the contact lens retail business, unprofitable stores have been closed and the business is being restructured following its succession. - FY2019Resolution to close 2 unprofitable storesAnnual report
「In addition, due to the challenging business environment facing 株式会社アイスペース, which operates the contact lens retail business, the Company resolved to close 2 unprofitable stores and recorded provisions and extraordinary losses, including impairment losses, in connection with the closures.」
In the contact lens retail business following its succession and consolidation, the Company resolved to close 2 unprofitable stores in response to the challenging business environment. - FY2018-Q3RestatedAnnual report
「As a result, contact lens sales generally performed well, and the net increase from assuming the contact lens retail business in February of the previous fiscal year also contributed, resulting in revenue of ¥20,869 million for the cumulative third quarter consolidated period, up 14.5% year on year.」
The net increase from the contact lens retail business consolidated from February of the previous fiscal year continues to be confirmed as a factor behind higher revenue for the cumulative third quarter. - FY2018-Q2AdvancedAnnual report
「Contact lens sales generally performed well, and the net increase from assuming the contact lens retail business in February of the previous fiscal year also contributed, resulting in revenue of ¥13,809 million for the cumulative second quarter consolidated period, up 14.8% year on year.」
The net increase from the contact lens retail business consolidated from February of the previous fiscal year continues to be confirmed as a factor behind higher revenue for the cumulative second quarter. - FY2018-Q1First statedAnnual report
「This was partly due to the effects of assuming the contact lens retail business during the previous fiscal year, which was included in the consolidated results from February of the previous fiscal year.」
The assumption of the contact lens retail business during the previous fiscal year and its inclusion in the consolidated results from February of the previous fiscal year are confirmed for the first time as an independent factor contributing to higher revenue and profit in the current quarter.