Concentration of management resources on the cloud business through the transfer of the mobile information and communications equipment sales agency business
First written in FY2020-Q2. 2 of 4 entries say "Restated". Latest entry: FY2021-Q3.
No other company in this theme has enough history to compare yet.
- FY2021-Q3RestatedAnnual report
「The Group recognised the reconstruction of its businesses as its top priority and considered further selection and concentration of management resources essential to enhancing corporate value. It transferred its mobile telecommunications equipment dealership business effective 31 March 2020, shifted its focus to the Cloud Solutions business and pursued its expansion.」
Based on the transfer of the Mobile business effective 31 March 2020, the shift to the Cloud Solutions business and business restructuring continue. - FY2021-Q2RestatedAnnual report
「The Group recognised the reconstruction of its businesses as its top priority and considered further selection and concentration of management resources essential to enhancing corporate value. It transferred its mobile telecommunications equipment dealership business effective 31 March 2020, shifted its focus to the Cloud Solutions business and pursued its expansion.」
Based on the transfer of the Mobile business effective 31 March 2020, the shift to and expansion of the Cloud Solutions business continues. - FY2020-Q3AchievedAnnual report
「The Company transferred its mobile telecommunications equipment dealership business to イリオスネット株式会社 effective 31 March 2020. As a result, as of 31 March 2020, the Group consisted of the Company and 1 consolidated subsidiary, and its business comprised a single segment, the Cloud Solutions business.」
The business transfer plan announced in FY2020-Q2 was completed effective 31 March 2020, leaving the Group with 1 segment, the Cloud Solutions business. - FY2020-Q2First statedAnnual report
「At a Board of Directors meeting held on 14 February 2020, the Company resolved to transfer its mobile telecommunications equipment dealership business to イリオスネット株式会社 and entered into a basic agreement on the same date.」
The Company first formalised its plan to transfer the mature and uncertain mobile telecommunications equipment dealership business and further concentrate management resources on the strategically prioritised Cloud Solutions business. The basic agreement and Board resolution were dated 14 February 2020, the business transfer agreement was scheduled to be signed on 31 March 2020, and the transfer price was undisclosed.