Valuence Holdings (9270) · InitiativeAchieved
Sports and Community Partnerships and Business Development through Investment in Nankatsu SC
First written in FY2021-Q3. 1 of 2 entries say "Achieved", first in FY2021. Latest entry: FY2021.
2entries
1years
0from disclosures
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Same theme, other companies
Entry into the sports and community partnership business through an investment in Nankatsu SC (南葛SC)A theme 1 companies write about · 0 as a headwind · 1 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2021AchievedAnnual report
「As the Company newly acquired shares in 南葛SC株式会社 during the fiscal year and the company consequently became an associate, it was included among the equity-method affiliates.」
The investment in 南葛SC was completed, making it an equity-method affiliate in which the Company holds a 33.5% interest. - FY2021-Q3First statedAnnual report
「The Company resolved to invest in 南葛SC株式会社, having determined that the investment would enable it to participate in the management of an actual sports team, promote its existing dual-career recruitment program, contribute to community development and cultural formation through sports, and help enhance corporate value.」
At a Board of Directors meeting held on 14 July 2021, the Company resolved to subscribe to a third-party allotment of shares by 南葛SC. The number of shares to be acquired was 101, the investment ratio was 33.5%, and the acquisition price was ¥303 million. The estimated total amount including related expenses was ¥318 million, with payment scheduled for August 2021. The investment was intended to support sports team management, community development and cultural formation, as well as expand procurement and develop new auction partners.