Discontinuation of the taxi business through a business transfer
First written in FY2019-Q2. 1 of 5 entries say "Achieved", first in FY2021-Q1. Latest entry: FY2021-Q1.
No other company in this theme has enough history to compare yet.
- FY2021-Q1AchievedAnnual report
「Chichibu Railway Taxi Co., Ltd., our consolidated subsidiary, completed its liquidation as of 29 June 2020.」
The liquidation proceedings for Chichibu Railway Taxi Co., Ltd., which had been conducted following the discontinuation of the taxi business, were completed as of 29 June 2020. - FY2020Company dissolution and liquidation proceedingsAnnual report
「Chichibu Railway Taxi Co., Ltd. was dissolved as of 31 March 2020 and is currently undergoing liquidation proceedings.」
Following the discontinuation of the taxi business in September 2018, the consolidated subsidiary Chichibu Railway Taxi Co., Ltd. was dissolved as of 31 March 2020 and entered liquidation proceedings. - FY2020-Q2Revenue decline continued after business discontinuationAnnual report
「In Other businesses, revenue also declined due to the discontinuation of the taxi business in September last year, but the convenience store at the south exit of Kumagaya Station performed steadily, limiting the decline in operating revenue to a slight decrease from the same period of the previous year.」
Although the revenue decline resulting from the discontinuation of the taxi business continued into the second quarter of the following fiscal year, the steady performance of the convenience store limited the decline. - FY2019-Q3Recognition of Gain on Business TransferAnnual report
「Gain on business transfer － 9,300」
In connection with the discontinuation of the taxi business, a gain on business transfer of ¥9.3 million was recorded as extraordinary income for the nine months ended the third quarter. - FY2019-Q2First statedAnnual report
「Chichibu Railway Taxi Co., Ltd., a consolidated subsidiary, agreed in July this year to transfer its business to Kumagaya Konai Taxi Co., Ltd. (head office: Kumagaya City) and discontinued its taxi business as of 30 September this year.」
The company has for the first time disclosed that its consolidated subsidiary, Chichibu Railway Taxi Co., Ltd., agreed to a business transfer with Kumagaya Konai Taxi Co., Ltd. and discontinued its taxi business as of 30 September 2018.