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Sunnexta Group (8945) · InitiativeRestated

Transfer and reorganization of the security business to a newly established subsidiary

First written in FY2017. 3 of 7 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2022-Q3.

7entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2018-Q1 – FY2022-Q12017: 220172018: 120182019: 020192020: 020202021: 220212022: 22022
Same theme, other companies
Establishment and strengthening of a cybersecurity subsidiary and service rolloutA theme 19 companies write about · 1 as a headwind · 19 as a tailwind

The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.

4 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 19 companies compared. The sentences above are computed from all 19.
Full recordFilings, disclosures and news, newest first
  1. FY2022-Q3RestatedAnnual report

    「During the first quarter of the consolidated fiscal year, サンネクスタリーシング株式会社, formerly a consolidated subsidiary, was excluded from the scope of consolidation because it ceased to exist as a result of an absorption-type merger in which 株式会社スリーS, also a consolidated subsidiary, was the surviving company. In addition, we transferred the call center business of our consolidated subsidiary 日本社宅サービス株式会社 to 株式会社スリーS.」

    The company continues to consolidate its businesses following the merger of サンネクスタリーシング into スリーS and the transfer of 日本社宅サービス’ call center business to スリーS.
  2. FY2022-Q2RestatedAnnual report

    「During the first quarter of the consolidated fiscal year, サンネクスタリーシング株式会社, formerly a consolidated subsidiary, was excluded from the scope of consolidation because it ceased to exist as a result of an absorption-type merger in which 株式会社スリーS, also a consolidated subsidiary, was the surviving company. In addition, we transferred the call center business of our consolidated subsidiary 日本社宅サービス株式会社 to 株式会社スリーS.」

    The company continues to consolidate its businesses by merging サンネクスタリーシング into スリーS and transferring the call center business to スリーS.
  3. FY2022-Q1AdvancedAnnual report

    「In addition, we transferred the call center business of our consolidated subsidiary 日本社宅サービス株式会社 to 株式会社スリーS.」

    In connection with the merger between the subsidiaries, the call center business of 日本社宅サービス was transferred to スリーS, advancing the consolidation of new businesses and services.
  4. FY2021AchievedAnnual report

    「Effective 1 July 2021, an absorption-type merger was carried out under which 株式会社スリーS was the surviving company and サンネクスタリーシング株式会社 was the absorbed company.」

    A merger between the consolidated subsidiaries, the security business company and the insurance services company, was completed on 1 July 2021, completing the reorganization to consolidate new businesses and services.
  5. FY2018-Q2AdvancedAnnual report

    「Revenue was ¥219 million, up 36.5% year on year, and operating profit was ¥6 million, up 58.1%, as the Company converted 株式会社スリーS into a wholly owned subsidiary in addition to its existing new services. However, the rollout of additional new services has been progressing with a slight delay.」

    The consolidation effects of making スリーS a wholly owned subsidiary appeared as increases in revenue and operating profit in the “Other” segment.
  6. FY2018-Q1AdvancedAnnual report

    「株式会社スリーS has been included in the scope of consolidation because its materiality has increased.」

    Following its conversion into a wholly owned subsidiary, スリーS was brought into the scope of consolidation after its materiality increased.
  7. FY2017First statedAnnual report

    「株式会社スリーS, a non-consolidated subsidiary, was newly established as a wholly owned subsidiary during the fiscal year under review, and on 20 June 2017 it assumed the business of Smart Security Service Co., Ltd. (renamed 株式会社スリーS).」

    The security business was reorganized through its transfer from an existing affiliated company to a newly established wholly owned subsidiary.
Moved together

"Stock Option and Restricted Stock Compensation for Officers and Employees" moved the same way as this thread, in the same document, in 4 of its 7 moves.

443222★123456
  1. ★This thread
  2. 1Stock Option and Restricted Stock Compensation for Officers and Employees4×
  3. 2Stock-based business model built on a contract base4×
  4. 3Expansion of Services Related to Corporate Housing Management and Business Systems3×
  5. 4Business Expansion into Repairs, Renovation and Real Estate2×
  6. 5Payout ratio of 30% or higher and DOE of 3.5% or higher2×
  7. 6Review of the Economic Rationale for Strategic Shareholdings and Their Reduction2×

★ 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.

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Transfer and reorganization of the security business to a newly established subsidiary | SUNNEXTA GROUP Inc. (8945) | Komori