Integration of プロテラス's digital signage business through an absorption-type company split
First written in FY2022-Q1. 2 of 4 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023AdvancedAnnual report
「The absorption-type company split involving part of the business of Proteras Co., Ltd., carried out on 1 November 2021 as part of this initiative, contributed to performance throughout the year from the current consolidated fiscal year, resulting in a substantial increase in revenue.」
Following its contribution to performance from the third quarter of the previous fiscal year, the プロテラス business contributed throughout the current fiscal year. Consolidated revenue increased 85.0% year on year. - FY2022-Q3AdvancedAnnual report
「Under these circumstances, the Group pursued an aggressive expansion strategy aimed at becoming the “No. 1 digital signage industry” while ensuring that infection risks were reduced. As part of this strategy, the partial absorption-type company split of プロテラス's digital signage business carried out on 1 November 2021 contributed to performance from the third quarter of the current fiscal year, resulting in higher revenue. However, the Company reported an operating loss because one-time expenses were incurred in connection with the absorption-type company split and the full-scale synergy effects are expected from the next fiscal year onward.」
The absorption-type company split of プロテラス's digital signage business was carried out on 1 November 2021 and contributed to performance from the third quarter of the current fiscal year. Although it generated higher revenue, one-time expenses were incurred, and full-scale synergy effects are expected from the next fiscal year onward. - FY2022-Q2AchievedAnnual report
「An absorption-type company split in which プロテラス is the splitting company and the Company is the succeeding company」
The absorption-type company split involving プロテラス's digital signage business, for which the agreement was signed in FY2022-Q1 and which had been scheduled for 1 November 2021, was carried out with 1 November 2021 as the effective date. The Company issued 9,836,066 shares as consideration. - FY2022-Q1First statedAnnual report
「The purpose is to realize business synergies and strengthen the management platform through the integration of the Group's and プロテラス's digital signage businesses. Planned business combination date: 1 November 2021.」
On 2 August 2021, the Company entered into an agreement to succeed to プロテラス's digital signage business through an absorption-type company split. The Company plans to allot its shares to プロテラス's wholly owning parent as consideration, subject to approval at a shareholders' meeting.