Spin-off of the Hotel Business
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2018.
No other company in this theme has enough history to compare yet.
- FY2018RestatedAnnual report
「To establish a structure capable of appropriately responding to these changes in the operating environment, the company split off its hotel business in October 2014 and transferred it to the newly established AB Hotel Co., Ltd.」
The hotel business spin-off is restated as the current business structure. - FY2017RestatedAnnual report
「To establish a structure capable of appropriately responding to these changes in the operating environment, the company split off its hotel business in October 2014 and transferred it to the newly established AB Hotel Co., Ltd.」
The hotel business spin-off is restated as the current business structure in the company’s history. - FY2016First statedAnnual report
「To establish a structure capable of appropriately responding to these changes in the operating environment, the company split off its hotel business in October 2014 and transferred it to the newly established AB Hotel Co., Ltd.」
The hotel business was separated into a standalone company to establish a structure capable of responding to changes in the business environment and customer needs.