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JBCC Holdings (9889) · InitiativeCited as achieved

Transfer of Subsidiary Business to IBM

First written in FY2016. 3 of 4 entries say "Cited as achieved", first in FY2017-Q1. Latest entry: FY2017-Q3.

4entries
2years
0from disclosures
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ProgressHeldSoftenedWorseAchievedFY2016Cited as achievedFY2017-Q1 – FY2017-Q32016: 320162017: 12017
Same theme, other companies
Removal from the Scope of Consolidation Through the Transfer of Shares in a SubsidiaryA theme 314 companies write about · 44 as a headwind · 223 as a tailwind
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Showing 14 of the 156 companies compared. The sentences above are computed from all 156.Comparing 200 of the theme's 397 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2017-Q3Cited as achievedAnnual report

    「Revenue declined year on year, partly due to the sale in October 2015 of all shares held by the Company in consolidated subsidiary Advanced Applications Co., Ltd., which belonged to the Information Solutions segment,」

    The completed sale of the subsidiary's shares continues to be cited as a factor behind the year-on-year revenue decline.
  2. FY2017-Q2Cited as achievedAnnual report

    「Revenue declined year on year, partly due to the sale of consolidated subsidiary Advanced Applications Co., Ltd., which belonged to the Information Solutions segment.」

    The previously completed sale of a subsidiary is cited as a factor behind the year-on-year revenue decline.
  3. FY2017-Q1Cited as achievedAnnual report

    「Year on year, revenue and profit declined, partly due to the sale of consolidated subsidiary Advanced Applications and a decrease in system products.」

    The previously completed sale of Advanced Applications is cited as a factor behind the year-on-year declines in revenue and profit.
  4. FY2016AchievedAnnual report

    「After considering our business strategy in light of changes in the operating environment, we concluded that AAC could best realize its full value under IBM and decided to transfer the shares to IBM.」

    All shares of Advanced Applications were transferred to IBM on 1 October 2015.
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JBCC Holdings's next results are scheduled for 2026-10-29. Read the earnings preview
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Transfer of Subsidiary Business to IBM | JBCC Holdings Inc. (9889) | Komori