Business Portfolio Adjustments Through the Acquisition and Sale of Subsidiaries
First written in FY2016-Q4. 12 of 31 entries say "Advanced", first in FY2022-Q3. Latest entry: 2026-10-14.
The whole theme swung hardest in 2025: 8 of 37 companies on the "Worse" side.
21 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Based on a resolution of the Company's Board of Directors meeting held on 24 December 2025, the Company entered into a share purchase agreement on the same date to acquire 70% of the shares of 株式会社エクシング, a wholly owned subsidiary of BROTHER INDUSTRIES,LTD. whose principal businesses include commercial karaoke and music and video software, thereby making it a consolidated subsidiary. The shares were acquired on 1 April 2026.」
The acquisition of 70% of エクシング's shares added commercial karaoke and music and video software businesses to the Group's portfolio. - FY2025Update on the establishment and acquisition of subsidiaries and reorganization by service areaAnnual report
「April 2025: U-Reinsurance management Co., Ltd. was established in the Federated States of Micronesia; May 2025: くこくエネルギー㈱, now ㈱U-POWER GREEN MARKETING, was made a wholly owned subsidiary; May 2025: Amane ASIA Sdn.Bhd was established in Malaysia; July 2025: ㈱USEN MEDIA PROMOTION was established.」
The Company is updating its business portfolio by establishing companies and making acquisitions in the insurance, renewable energy, overseas food-service and media-promotion businesses. - FY2025-H1AdvancedAnnual report
「In addition, during the interim consolidated accounting period, ネットムーブ株式会社 was made a consolidated subsidiary through the acquisition of all its shares and was included in the scope of consolidation. Its corporate name was changed to 株式会社USEN FinTech effective 1 March 2025.」
All shares of ネットムーブ were acquired, making it a consolidated subsidiary and adding cashless payments and FinTech to the Group's business portfolio. - FY2024AdvancedAnnual report
「March 2024: ㈱USEN REALTY launched the Group's new real-estate business.」
USEN REALTY launched a real-estate business, adding a new business to the Group's business portfolio. In addition, USEN Camera Solutions and USEN FIELDING were established in July 2024. - FY2024-Q1AdvancedAnnual report
「In addition, ㈱Toremoro was made a subsidiary on 1 September 2023,」
㈱Toremoro was made a subsidiary on 1 September 2023, adding food-delivery-related services to the Group's business portfolio. - FY2023-Q3Additional establishment of a company for the guarantee-related businessAnnual report
「Because guarantee-related businesses, including rent-payment guarantees currently operated by ㈱USEN, are growing rapidly in Japan, ㈱USEN TRUST was newly established on 3 July to expand the business further as a group-wide operation.」
The Company disclosed that ㈱USEN TRUST was newly established to expand guarantee-related businesses, including rent-payment guarantees, across the Group. - FY2023-Q2Portfolio reorganization through a share exchange and absorption-type merger involving a video-streaming subsidiaryAnnual report
「The Company resolved to conduct a share exchange under which the Company would become the wholly owning parent company and Premium Platform Japan would become the wholly owned subsidiary, and to conduct, with an effective date of 31 March 2023, an absorption-type merger under which the Company's consolidated subsidiary U-NEXT would be the surviving company and Premium Platform Japan, which would become a consolidated subsidiary of the Company through the share exchange, would be the absorbed company. The share exchange and merger were completed on 31 March 2023.」
After making Premium Platform Japan, which operates video-streaming and other services, a wholly owned subsidiary through a share exchange, the Company completed an absorption-type merger with U-NEXT and reorganized its business portfolio. - FY2023-Q1AdvancedAnnual report
「During the first quarter consolidated accounting period, shares of ㈱バーチャルレストラン were acquired and the company was included in the scope of consolidation.」
The inclusion in the scope of consolidation during the first quarter of ㈱バーチャルレストラン, which became a subsidiary in the previous fiscal year, is reflected in the results. - FY2022Making a virtual-restaurant company a subsidiaryAnnual report
「㈱バーチャルレストラン was made a subsidiary to create the future of restaurants suited to the With/After COVID-19 environment, provide new revenue opportunities and offer comprehensive management support.」
㈱バーチャルレストラン was made a subsidiary in September 2022, adding a business to the portfolio aimed at providing new revenue opportunities and comprehensive support for restaurants. - FY2022-Q3AdvancedAnnual report
「In addition, ㈱U-POWER, established in December 2021, commenced full-scale operations on 1 March.」
U-POWER, the renewable-energy subsidiary established in December 2021, commenced full-scale operations on 1 March and progressed to the commercialization stage within the Group's business portfolio. - FY2022-Q2Establishment of a renewable-energy subsidiaryAnnual report
「From the consolidated accounting period of the second quarter, ㈱U-POWER was newly established and included in the scope of consolidation.」
㈱U-POWER was newly established to promote renewable energy and added to the scope of consolidation. - FY2021-Q1Establishment of a company supporting restaurants and integration of the media businessAnnual report
「The Media Business, which provided services specializing in the restaurant industry, was integrated into the Store Services Business, creating 5 segments. In addition, ㈱USEN FB Innovation was established to create the future of restaurants suited to the With/After COVID-19 environment and provide comprehensive support to restaurants while leveraging synergies across the Group.」
The Media Business was integrated into the Store Services Business, and ㈱USEN FB Innovation was newly established to provide comprehensive support for restaurants. - FY2020Application of the equity method to a financial-services joint ventureAnnual report
「During the fiscal year, ㈱USEN-NEXT フィナンシャル was newly established as a joint venture and included in the scope of the equity method.」
A joint venture with Shinsei Bank was established, adding the financial-services business to the group structure as an equity-method affiliate. - FY2019-Q3Establishment of a SaaS operating company and addition of a telecommunications operating companyAnnual report
「In addition, the number of consolidated subsidiaries increased when ㈱USEN Smart Works was newly established on 1 March 2019 (segment: Telecommunications Business), and that company subsequently took over the SaaS business from ㈱USEN ICT Solutions through an absorption-type company split on 1 May of the same year. In addition, ㈱NETWORKSUPPORT was established on 1 March 2019 (segment: Telecommunications Business).」
USEN Smart Works and NETWORKSUPPORT were newly established in the Telecommunications Business, and the group-company structure is being expanded and reorganized through the transfer of the SaaS business and other measures. - FY2019-Q1Addition to the scope of consolidation through making Can System a wholly owned subsidiaryAnnual report
「As a major change in affiliated companies, all shares of キャンシステム㈱ were acquired on 1 October 2018, making it a wholly owned subsidiary (segment: Store Services Business).」
The acquisition of all shares of キャンシステム㈱ and its conversion into a wholly owned subsidiary updated the consolidated-subsidiary structure and business portfolio of the Store Services Business. - FY2018Update to the composition of consolidated subsidiaries and equity-method affiliatesAnnual report
「The Group (the Company and its affiliated companies) consists of the Company, 14 consolidated subsidiaries and 1 equity-method affiliate,」
Reflecting the corporate reorganization following the USEN integration and the establishment of USEN-NEXT Design㈱, the Company disclosed a structure comprising 14 consolidated subsidiaries and 1 equity-method affiliate. - FY2018-Q4Wholly owned subsidiary status and removal from the equity-method scopeAnnual report
「As major changes in affiliated companies, the number of consolidated subsidiaries increased because USEN-NEXT Design㈱ was newly established on 1 February 2018 (segment: Adjustments), while D.U-NET㈱ was removed from the scope of the equity method. In addition, all shares of ㈱U-MX were acquired on 29 June 2018, making it a wholly owned subsidiary.」
In addition to the establishment of USEN-NEXT Design㈱ and the removal of D.U-NET㈱ from the equity-method scope, all shares of ㈱U-MX were acquired, making it a wholly owned subsidiary and further reorganizing the group-company structure. - FY2018-Q3Establishment of subsidiaries and removal from the equity-method scopeAnnual report
「During the first quarter consolidated cumulative period, the number of consolidated subsidiaries increased because USEN-NEXT Design㈱ was newly established (segment: Adjustments), while D.U-NET㈱ was removed from the scope of the equity method.」
The group-company structure has changed further following the establishment of USEN-NEXT Design㈱ as a consolidated subsidiary and the removal of D.U-NET㈱ from the equity-method scope. - FY2017Completion of group-company reorganization following the management integrationAnnual report
「The Group (the Company and its affiliated companies) consists of the Company, 13 consolidated subsidiaries and 2 equity-method affiliates,」
Following the acquisition of USEN, the Company disclosed a new group structure consisting of 13 consolidated subsidiaries and 2 equity-method affiliates after corporate splits and an absorption-type merger. - FY2018-Q1Addition of consolidated subsidiaries and preparation for reorganizationAnnual report
「From the consolidated accounting period of the third quarter, 株式会社USEN分割準備会社, 株式会社USEN ICT Solutions and 株式会社USEN Media were established and included in the scope of consolidation.」
Additional companies, including a company preparing for the USEN integration, have been established, and the group-company structure is being reorganized. - FY2017-Q4Establishment and addition of subsidiaries and associatesAnnual report
「From the second quarter under review, we established 株式会社U-NEXT分割準備会社, 株式会社USEN NETWORKS and 株式会社USEN-NEXT LIVING PARTNERS and added them to the scope of consolidation.」
In addition to making USEN a consolidated subsidiary, the company is establishing operating companies in preparation for transitioning to a holding company structure and expanding and reorganizing its group-company structure. - FY2017-Q3Establishment and addition of subsidiaries and associatesAnnual report
「13 January 2017 Established 株式会社U-NEXT SPC1 (consolidated subsidiary) 31 March 2017 Became an associate because it came under the significant influence of 株式会社USEN (communications network business) 25 January 2017 Established Y.U-mobile株式会社 (consolidated subsidiary)」
The group company structure has changed through the conversion of USEN into an associate and the establishment of SPC1 for the business integration and Y.U-mobile株式会社. - FY2016Addition of subsidiary dissolution and special liquidationAnnual report
「株式会社U-CM was dissolved on 19 December 2016 and received a decision to commence special liquidation proceedings. As it was also determined that no effective controlling relationship existed, we removed it from our subsidiaries.」
In addition to the disposal of UPSIDE, the company describes the removal of U-CM from consolidation following its dissolution and special liquidation. - FY2017-Q1RestatedAnnual report
「We made 株式会社UPSIDE a subsidiary on 31 March 2016, but removed it from our subsidiaries and associates through a share transfer on 30 May 2016.」
The company reiterates the removal of 株式会社UPSIDE following the transfer of its shares after it became a subsidiary. - FY2016-Q4First statedAnnual report
「We made 株式会社UPSIDE a subsidiary on 31 March 2016, but removed it from our subsidiaries and associates through a share transfer on 30 May 2016.」
The company describes a portfolio change involving the establishment of a subsidiary and a share transfer over a short period.