Business portfolio selection and concentration
First written in FY2016. 1 of 3 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2020-Q2.
1 other company's latest entry also says "Achieved".
- FY2020-Q2AchievedAnnual report
「Gain on transfer of business 80,000」
Regarding the transfer of a business planned in the previous quarter as part of business portfolio selection and concentration, the company recognized a gain on transfer of business of ¥80 million in the cumulative second quarter and reflected the completed transfer in its results. - FY2020-Q1AdvancedAnnual report
「As part of selecting group businesses and concentrating management resources, we decided to transfer the business. Contract signing date: 20 May 2019 Transfer date: 1 July 2019 Transfer consideration: ¥80 million」
Regarding the insurance agency business operated by a consolidated subsidiary, the company signed a transfer agreement as part of its business portfolio selection and concentration, and disclosed the scheduled completion date of 1 July 2019 and the transfer consideration. - FY2016First statedAnnual report
「To achieve our group vision of becoming the “No.1 Noodle Restaurant Company,” we are pursuing business portfolio selection and concentration. We had operated Marugen Ramen as a franchisee since 2010, but in view of our future business development, we concluded that separating the business would be in the interests of all group stakeholders and transferred the business.」
The company states that it transferred 3 Marugen Ramen FC locations as part of its business portfolio selection and concentration toward achieving its vision.