Komori
Fj Next Holdings (8935) · InitiativeRestated

Separation of Group Management Functions from Business Execution Functions through the Transition to a Holding Company Structure

First written in FY2021-Q3. 3 of 7 entries say "Restated". Latest entry: FY2026.

7entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2022-Q3 – FY20262021: 420212022: 120222023: 120232024: 020242025: 020252026: 12026
Same theme, other companies
Agile business restructuring and increased corporate value under a holding company structureA theme 32 companies write about · 0 as a headwind · 32 as a tailwind

The whole theme swung hardest in 2026: 2 of 18 companies on the "Worse" side.

12 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 32 companies compared. The sentences above are computed from all 32.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「As the group headquarters, the holding company formulates strategy for the Group as a whole and optimizes the allocation of management resources. The operating companies aim to accelerate decision-making under their respective authority and responsibility and pursue their areas of expertise, with the objective of achieving further business growth.」

    The company reconfirms the structure under which the holding company oversees group strategy and resource allocation, while the operating companies handle execution and pursue their respective areas of expertise.
  2. FY2023RestatedAnnual report

    「As the group headquarters, the holding company formulates strategy for the Group as a whole and optimizes the allocation of management resources. The operating companies aim to accelerate decision-making under their respective authority and responsibility and pursue their areas of expertise, with the objective of achieving further business growth.」

    The company reconfirms the structure under which the holding company oversees group strategy and resource allocation, while the operating companies handle execution and pursue their respective areas of expertise.
  3. FY2022-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on 27 April 2021, the company resolved to enter into an absorption-type company split agreement with its wholly owned Demerger Preparation Company. Following approval at the annual shareholders’ meeting held on 23 June 2021, the company carried out the absorption-type company split on 1 October 2021 and transitioned to a holding company structure. On the same date, the company changed its corporate name to FJ NEXT HOLDINGS CO.,LTD.」

    The company reconfirms that the absorption-type company split, transition to a holding company structure and change of corporate name dated 1 October 2021 have been completed.
  4. FY2022-Q2AchievedAnnual report

    「At a meeting of the Board of Directors held on 27 April 2021, the company resolved to enter into an absorption-type company split agreement with its wholly owned Demerger Preparation Company. Following approval at the annual shareholders’ meeting held on 23 June 2021, the company carried out the absorption-type company split on 1 October 2021 and transitioned to a holding company structure. On the same date, the company changed its corporate name to FJ NEXT HOLDINGS CO.,LTD.」

    The company completed the absorption-type company split, the transition to a holding company structure and the change of corporate name on 1 October 2021. The stated purpose of the transition was to separate group management functions from business execution functions and establish a robust governance framework.
  5. FY2022-Q1AdvancedAnnual report

    「To transition to a holding company structure, the company has included 株式会社FJネクスト, established on 1 April 2021 as the Demerger Preparation Company, within the scope of consolidation from the beginning of the first quarter of the current fiscal year. At a meeting of the Board of Directors held on 27 April 2021, the company resolved to enter into an absorption-type company split agreement with its wholly owned Demerger Preparation Company.」

    As part of preparations for the transition to a holding company structure, the company established and made the Demerger Preparation Company a consolidated subsidiary on 1 April 2021, and on 27 April resolved to enter into an absorption-type company split agreement with it.
  6. FY2021AdvancedAnnual report

    「At a meeting of the Board of Directors held on 27 April 2021, the company resolved to enter into an absorption-type company split agreement with its wholly owned Demerger Preparation Company.」

    Regarding the transition to a holding company structure, the company has entered into an absorption-type company split agreement with the Demerger Preparation Company and, following approval at the shareholders’ meeting on 23 June 2021, has proceeded to the specific procedural stage, with 1 October 2021 set as the effective date. Following the transition, the holding company is expected to oversee group strategy and resource allocation, while the operating companies will handle execution.
  7. FY2021-Q3First statedAnnual report

    「At a meeting of the Board of Directors held on 26 January 2021, the company resolved to begin preparations for transitioning to a holding company structure around 1 October 2021 and to establish a wholly owned subsidiary as the company to be prepared for the demerger (the “Demerger Preparation Company”).」

    The company began preparations for the transition to a holding company structure targeted for 1 October 2021 and first disclosed its plan to establish a wholly owned Demerger Preparation Company. Under the proposed structure, the holding company would formulate group strategy and optimize the allocation of management resources, while the operating companies would seek faster decision-making and pursue their respective areas of expertise under their own authority and responsibility.
Moved together

"Maintaining and Strengthening the Financial Base" moved the same way as this thread, in the same document, in 3 of its 7 moves.

332222★123456
  1. ★This thread
  2. 1Maintaining and Strengthening the Financial Base3×
  3. 2Strengthening the Earnings Base by Enhancing Technical and Order-Winning Capabilities in the Construction Business3×
  4. 3Expanding the development and sale of proprietary branded products and strengthening brand equity2×
  5. 4Expansion of Used Condominium Sales and Purchases2×
  6. 5Continued Supply of Family-Oriented Condominiums2×
  7. 6First-Quarter Revenue and Profit Growth2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Fj Next Holdings's next results are scheduled for 2026-11-06. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.