Creo (9698) · InitiativeAdvanced
Establishing a Global Development Structure through a Capital and Business Alliance with Vietnam’s IVS
First written in FY2023-Q1. 1 of 2 entries say "Advanced", first in FY2023. Latest entry: FY2023.
2entries
2years
0from disclosures
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Same theme, other companies
Promotion of M&A and Capital and Business Alliances to Strengthen Development CapabilitiesA theme 6 companies write about · 0 as a headwind · 7 as a tailwind
2 other companies' latest entry also says "Advanced".
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Full recordFilings, disclosures and news, newest first
- FY2023AdvancedAnnual report
「On 10 May 2022, the Company and Individual Systems Co., Ltd., a Japanese-affiliated software development company in Vietnam (hereinafter, “IVS”), entered into a basic agreement under which the Company will invest in IVS, subject to obtaining the necessary approvals and permits from the relevant Vietnamese authorities.」
The basic agreement dated 10 May 2022 concerning the capital and business alliance with Vietnam-based IVS was confirmed in the annual report, clarifying the framework for securing ICT talent, bringing development in-house, establishing a lab, developing global talent and expanding into new markets. - FY2023-Q1First statedAnnual report
「1. Sustained improvement in production capacity through the acquisition of ICT talent 2. Further internalisation of development functions (establishment of a lab and global collaboration) 3. Development of global talent and market development」
The Company entered into a basic agreement to invest in IVS, a Vietnamese software development company. Subject to obtaining the necessary approvals and permits, it plans to secure ICT talent, improve production capacity, establish a lab, pursue global collaboration, develop global talent and expand into new markets.