Strengthening the Development Structure through the Acquisition of INDETAIL's Software Development Business
First written in FY2019-Q2. 2 of 7 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2026.
Smartvalue moved to the "Worse" side of this theme in 2020, 6 years before the typical company in this theme (2026).
The whole theme swung hardest in 2026: 3 of 18 companies on the "Worse" side.
4 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Accordingly, 株式会社ノースディテール, a consolidated subsidiary previously included in “Digital Government,” was moved to “Smart Venue” because it plays a key role in the urban development ICT platform in the Smart Venue area. Beginning with the interim consolidated accounting period, the company changed its reporting segments to “Mobility Services” and “Smart Venue.”」
The positioning of 株式会社ノースディテール was reorganized from a development structure for Digital Government into a company responsible for the urban development ICT platform in the Smart Venue area. - FY2021MaterialisedAnnual report
「The performance of 株式会社ノースディテール has remained below the originally projected plan. Following a review of the business plan, an impairment loss on shares of an affiliated company of ¥569.537 million was recognized in the non-consolidated financial statements. As a result, goodwill arising at the time of the share acquisition was amortized in full in the consolidated financial statements in accordance with the Practical Guidelines for Capital Consolidation Procedures in Consolidated Financial Statements, and goodwill amortization of ¥344.661 million was recognized.」
The strengthening of development capabilities through the acquisition of 株式会社ノースディテール resulted in performance below plan, an impairment loss on shares of an affiliated company of ¥569.537 million, and full amortization of goodwill of ¥344.661 million, indicating that the expected results had not been achieved and had materialized as actual losses. - FY2020WorsenedAnnual report
「In addition, the establishment of an efficient system development structure was delayed, increasing costs in the development division. As progress against the original business plan of 株式会社ノースディテール, a consolidated subsidiary, was also delayed, its performance remained below the originally projected plan.」
The delay in establishing the development structure following the acquisition of 株式会社ノースディテール continued, and the deterioration became clear through higher development costs, delays in progress against the business plan, and performance below the original projections. - FY2020-Q3WorsenedAnnual report
「The establishment of an efficient system development structure at the subsidiary has been delayed, resulting in delays in progress against the original business plan. The company is nevertheless promoting the business so that synergies can be maximized over the medium to long term.」
Following the acquisition of 株式会社ノースディテール, the establishment of an efficient system development structure and progress against the original business plan were delayed. - FY2019AdvancedAnnual report
「The results of 株式会社ノースディテール, which became a consolidated subsidiary on 1 March 2019, are included in the segment results of the cloud solutions business. Although the delay in getting operations started affected the current consolidated fiscal year, contracted development sales from existing customers remained firm, resulting in sales of ¥134.645 million.」
Following the acquisition of 株式会社ノースディテール, its results were included in full-year performance. Despite a delayed start, contracted development sales from existing customers totaled ¥134.645 million. - FY2019-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 4 January 2019, the company resolved to acquire all shares of 株式会社ノースディテール, a company to be established by INDETAIL through a company split, for the purpose of acquiring INDETAIL's business solutions business (software development business), and to make it a consolidated subsidiary. The company entered into a share transfer agreement dated 7 January 2019 and acquired the shares on 1 March 2019.」
The company completed the acquisition of all shares of 株式会社ノースディテール, which succeeded to INDETAIL's software development business, on 1 March 2019 and made it a consolidated subsidiary. The strengthening of development capabilities for regional information cloud and mobility services became tangible, with sales of ¥38.282 million and goodwill of ¥845.297 million recognized for March alone. - FY2019-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 4 January 2019, the company resolved to acquire all shares of 株式会社ノースディテール, a company to be established by INDETAIL through a company split, for the purpose of acquiring INDETAIL's business solutions business (software development business), and to make it a consolidated subsidiary. The company entered into a share transfer agreement on 7 January 2019.」
The company first disclosed its plan to acquire all shares of newly established 株式会社ノースディテール, which would succeed to INDETAIL's software development business, and make it a consolidated subsidiary. The business combination date was 1 March 2019, the percentage of voting rights acquired was 100%, and the acquisition consideration was ¥1,300 million in cash. The measure was intended to strengthen development capabilities for regional information cloud and mobility services and accelerate the development of new services.