New Business Development Project for a Subsidiary-Related Business
First written in FY2019-Q1. 1 of 3 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2019-Q3.
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- FY2019-Q3DroppedAnnual report
「As the significance of continuing the project had diminished, the company decided to discontinue it in November 2018.」
The new business development project related to the subsidiary and derived from the cryptocurrency business was discontinued in November 2018 in connection with the transfer of Minna no Bitcoin. - FY2019-Q2AdvancedAnnual report
「External consulting fees and other costs related to the new business development project: ¥60 million, July 2018 to March 2019」
Specified the use of funds, allocating ¥60 million from July 2018 to March 2019 for external consulting fees related to creating and launching collaborative businesses connected with the subsidiaries. - FY2019-Q1First statedAnnual report
「In addition, to expand the businesses of each of our subsidiaries, we are pursuing projects to create new related businesses and are collaborating with external specialist companies on project planning, discussions with prospective partners, and various forms of support and cooperation aimed at subsequent commercialization and collaboration.」
Newly disclosed a project to develop new businesses, discuss prospective partnerships, and commercialize and launch collaborative businesses in cooperation with external specialist companies, with the aim of expanding the subsidiaries' businesses.