Acquisition of the Financial Technology Solutions Business from EOS Software
First written in FY2022. 2 of 7 entries say "Restated". Latest entry: FY2025.
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- FY2025AchievedAnnual report
「Regarding the acquisition of the financial technology business conducted in the fiscal year ended November 2023, the payment conditions for the remaining ¥200 million excluded from the acquisition consideration were satisfied, and cash and deposits decreased by ¥114.763 million upon completion of payment.」
This describes the satisfaction of the payment conditions and completion of payment for the remaining ¥200 million in contingent acquisition consideration related to the acquisition of the financial technology business. - FY2025-H1AdvancedAnnual report
「Regarding the acquisition of the financial technology business conducted in the fiscal year ended November 2023, the payment conditions for the remaining ¥200 million excluded from the acquisition consideration were satisfied, and cash and deposits decreased by ¥114.763 million upon completion of payment. Intangible assets also increased by ¥159.660 million due to the recognition of goodwill and the development of new software, among other factors.」
The payment conditions for the remaining ¥200 million related to the acquisition of the financial technology business were satisfied, and payment was completed. Additional goodwill corresponding to the contingent acquisition consideration was also recognized, among other developments. - FY2024-Q1Cited as achievedAnnual report
「Regarding the acquisition of the financial technology business conducted in the previous consolidated fiscal year, cash and deposits decreased by ¥96.157 million because the payment conditions for ¥200 million of the ¥400 million excluded from the acquisition consideration were satisfied, among other factors. Intangible assets increased by ¥155.946 million due to the recognition of goodwill and other factors.」
Regarding the acquisition of the financial technology business completed in the previous consolidated fiscal year, the company describes the satisfaction of the payment conditions for the additional acquisition consideration of ¥200 million and the increase in intangible assets due to goodwill and other factors as impacts on its current financial position. - FY2023-Q3Cited as achievedAnnual report
「The acquisition of the financial technology solutions business from EOS Software Limited to strengthen services and improve cost efficiency reduced labor costs and improved the gross profit margin on sales.」
Regarding the acquisition of the business from EOS Software Limited completed in January 2023, the company cites reductions in labor costs and an improvement in gross margin as current results of the acquisition. - FY2023-Q2RestatedAnnual report
「To strengthen financial technology services and improve cost efficiency, we acquired the financial technology solutions business from EOS Software Limited. We established a framework in which a world-class development team could gather information on advanced capital-markets technologies and provide end-to-end solutions, while also working to reduce labor costs and improve the gross profit margin on sales.」
This reiterates the acquisition of the financial technology solutions business from EOS Software Limited and the strengthening of services using that business. - FY2023-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 20 December 2022, the company resolved to acquire the financial technology solutions business from EOS Software Limited. It entered into a business acquisition agreement on the same date and completed the acquisition on 16 January 2023.」
This reiterates that the acquisition of the financial technology solutions business from EOS Software Limited was completed on 16 January 2023. - FY2022First statedAnnual report
「At a meeting of the Board of Directors held on 20 December 2022, the company resolved to enter into a business transfer agreement with EOS Software Limited (hereinafter, “EOS”) for the acquisition of its financial technology solutions business, and completed the acquisition of the business on 16 January 2023.」
As part of efforts to strengthen financial technology, the company completed the acquisition of EOS's business on 16 January 2023. The acquisition price was ¥650 million, and the company stated that it acquired the employees and know-how.