Share Transfer of Avex Broadcasting & Communications Inc. to NTT DOCOMO
First written in FY2023-Q3. 1 of 2 entries say "Achieved", first in FY2023. Latest entry: FY2023.
- FY2023AchievedAnnual report
「The company resolved to transfer all shares in its consolidated subsidiary エイベックス通信放送 Co., Ltd. to NTT DOCOMO, Inc. Based on this resolution, the company entered into a share transfer agreement on the same date, and the transfer was completed on 31 January 2023.」
The transfer of all shares in エイベックス通信放送 Co., Ltd. to NTT DOCOMO was completed on 31 January 2023, and the company was excluded from the scope of consolidation. - FY2023-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 28 November 2022, the company resolved to transfer all shares in its consolidated subsidiary エイベックス通信放送 Co., Ltd. to NTT DOCOMO, Inc. Based on this resolution, the company entered into a share transfer agreement on the same date, and the transfer was completed on 31 January 2023. The company made the transfer after determining that it would enable effective use of management resources in pursuing the focus on intellectual property creation set out in the medium-term management plan "avex vision 2027," announced in May 2022, and optimizing monetization areas such as platforms.」
All shares in エイベックス通信放送 Co., Ltd. were transferred to NTT DOCOMO based on the focus on intellectual property creation and optimization of monetization areas such as platforms under the medium-term management plan "avex vision 2027." The ownership interest before the transfer was 70%, the transfer price was ¥5,116 million (expected), the ownership interest after the transfer was 0%, and the transfer was completed on 31 January 2023.