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Avex (7860) · InitiativeAchieved

Making THINKR Co., Ltd. a consolidated subsidiary through the acquisition of its shares

First written in FY2019-Q1. 1 of 5 entries say "Reframed", first in FY2024. Latest entry: FY2025-H1.

5entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2019-Q1 – FY2019-Q32018: 220182019: 120192020: 020202021: 020212022: 020222023: 020232024: 22024
Same theme, other companies
Transfer of shares after THINKR became a consolidated subsidiaryA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2025-H1AchievedAnnual report

    「During the interim consolidated accounting period, THINKR was excluded from the scope of consolidation because the group's ownership ratio declined as a result of a third-party allotment. Subsequently, all shares in THINKR held by the group were transferred following THINKR's acquisition of treasury shares.」

    Regarding THINKR, it was excluded from the scope of consolidation following a third-party allotment, after which the transfer of all shares held by the group was completed in connection with THINKR's acquisition of treasury shares.
  2. FY2024ReframedAnnual report

    「THINKR conducted a third-party allotment, following which the company resolved to transfer all shares in THINKR held by the company's consolidated subsidiary in connection with THINKR's acquisition of treasury shares.」

    Regarding THINKR, the policy has been revised from its consolidation as a subsidiary in 2019 to the transfer of all shares in connection with a third-party allotment and THINKR's acquisition of treasury shares. The transfer was scheduled for 26 July 2024 at a transfer price of ¥726 million, while the separate business alliance was scheduled to continue.
  3. FY2019-Q3Update to the amount of goodwill recognizedAnnual report

    「From the first-quarter consolidated accounting period, the company acquired shares in THINKR in the anime business segment and included it in the scope of consolidation. The increase in goodwill resulting from this event was ¥206 million for the cumulative third-quarter consolidated period.」

    The acquisition of shares in THINKR and its consolidation as a subsidiary were reconfirmed, with the increase in goodwill associated with the acquisition disclosed as ¥206 million. This is not a description of a new acquisition.
  4. FY2019-Q2Update to the amount of goodwill recognizedAnnual report

    「From the first-quarter consolidated accounting period, the company acquired shares in THINKR in the anime business segment and included it in the scope of consolidation. From the first-quarter consolidated accounting period, the company also acquired an interest in Benchmark Artist Management, LLC in the overseas business segment and included it in the scope of consolidation. The increase in goodwill resulting from these events was ¥522 million for the cumulative second-quarter consolidated period.」

    The consolidation of THINKR as a subsidiary was reconfirmed, and the increase in goodwill associated with the acquisition of THINKR and Benchmark Artist Management was disclosed as ¥522 million. This is not a description of a new acquisition.
  5. FY2019-Q1First statedAnnual report

    「During the current first-quarter consolidated accounting period, the company acquired shares in THINKR and made it a consolidated subsidiary.」

    The company acquired shares during the first-quarter consolidated accounting period and made THINKR a consolidated subsidiary of the anime business.
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Making THINKR Co., Ltd. a consolidated subsidiary through the acquisition of its shares | Avex Inc. (7860) | Komori