Transition to a Holding Company Structure and Separation of Operating Companies
First written in FY2020-Q2. 1 of 3 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2021-Q1.
No other company in this theme has enough history to compare yet.
- FY2021-Q1AchievedAnnual report
「Business combination date: 1 April 2020」
The absorption-type company split was implemented effective 1 April 2020, completing the transition to a holding company structure. The media, digital database and travel businesses were transferred to the respective successor companies. - FY2020-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 6 December 2019, we resolved to transfer, through a company split, specifically an absorption-type company split, the following businesses operated by us: the planning, editing, production and sale of media based on maps, travel information and other content, advertising, special-order product production, and licensing of rights to use brands; the planning, production, sale and licensing of digital databases based on maps, guide information and other content, and the provision of services using them; and businesses related to the travel industry as a whole, including restaurant and local tour reservations and the organisation of local activities. Under the absorption-type company split, 株式会社昭文社準備会社, 株式会社マップル and 株式会社ＭＥＧＵＲＵ, our wholly owned subsidiaries, would be the successor companies for the respective businesses. We entered into an absorption-type company split agreement on the same date.」
In preparation for the transition to a holding company structure, we entered into an absorption-type company split agreement to transfer the media, digital database and travel businesses to 3 companies. The agreement was approved at an extraordinary general meeting of shareholders on 10 January 2020, with 1 April 2020 scheduled as the effective date. - FY2020-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 30 September 2019, we resolved to begin preparations to transition to a holding company structure around 1 April 2020, and, as part of those preparations, to establish the wholly owned subsidiaries 「株式会社昭文社準備会社」, 「株式会社マップル」 and 「株式会社ＭＥＧＵＲＵ」.」
Preparations began to transfer the businesses through a company split to 3 wholly owned preparatory companies and transition to a holding company structure around 1 April 2020. The stated objectives were to clarify authority and responsibility for group and business management, accelerate decision-making, strengthen management strategy functions and transition to business-specific systems.