Expansion of the back-office business through a capital and business alliance with Money Forward
First written in FY2024-Q3. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2019: 2 of 13 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Effective 1 April 2024, Money Forward acquired 20.30% of our total issued shares through an over-the-counter negotiated transaction.」
Continues the capital and business alliance with Money Forward, its 20.30% share acquisition, customer referrals, joint service development and cross-selling framework. - FY2024-Q3First statedAnnual report
「Money Forward is strong in providing various back-office service tools. By combining the strengths of both companies, we entered into this capital and business alliance to supply talent to, and improve productivity in, the back-office field, where demand is expected to increase as the working-age population declines. Effective 1 April 2024, Money Forward acquired 20.30% of our total issued shares through an over-the-counter negotiated transaction. The parties will cross-sell our services and new services developed jointly by Money Forward and us to Money Forward’s approximately 150,000 SME customers.」
Money Forward acquired 20.30% of total issued shares, and the alliance covers back-office talent supply, productivity improvements, customer referrals, joint service development and cross-selling to approximately 150,000 SME customers.