Strengthening the Business Foundation Through the Acquisition of Seibu Construction
First written in FY2022-Q3. 9 of 12 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026.
23 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We worked to expand the top line through business synergies and other initiatives undertaken as a three-way effort with Seibu Construction and Kokusai Kogyo.」
Strengthening the business foundation following the acquisition of Seibu Construction as a subsidiary progressed to the stage of linking business synergies in a three-way effort including Kokusai Kogyo to top-line growth. - FY2025AdvancedAnnual report
「Accelerating business synergies in both the Zero-Carbon City Business and Public Infrastructure Management Business through a three-way initiative with Seibu Construction and Kokusai Kogyo」
Regarding efforts to strengthen Seibu Construction's business foundation, synergies in the Zero-Carbon City and public infrastructure management businesses were advanced through a three-way structure including Kokusai Kogyo. - FY2025-H1AdvancedAnnual report
「The company will accelerate the promotion of business synergies in both the Zero Carbon City business and the Public Infrastructure Management business through a three-way initiative with 西武建設㈱ and 国際航業㈱.」
Strengthening the business foundation following the acquisition of Seibu Construction as a subsidiary expanded into a three-way initiative with Kokusai Kogyo, promoting synergies in the Zero-Carbon City and public infrastructure management businesses. - FY2024-Q3AdvancedAnnual report
「Orders received increased 12.2% year on year to ¥413.512 billion and net sales increased 7.2% to ¥343.862 billion, owing to increases in green-energy-related construction in the Environmental and Social Innovation Business, civil engineering and construction work by Seibu Construction, and the completion of global construction projects and LAN and other projects, as well as higher merchandise sales, in the ICT Solutions Business.」
The increase in civil engineering and construction work by Seibu Construction was identified as a factor behind the increase in orders received and net sales for the cumulative third quarter. - FY2024-Q2AdvancedAnnual report
「Seibu Construction Net sales to external customers 29,395 Segment profit or loss (△) △6」
For business results following the acquisition of Seibu Construction as a subsidiary, net sales to external customers of ¥29,395 million and a segment loss of ¥6 million were disclosed for the cumulative second quarter. The loss narrowed from a segment loss of ¥995 million in the same period of the previous year. - FY2024-Q1RestatedAnnual report
「Creating synergies with Seibu Construction」
Regarding efforts to strengthen the business foundation following the acquisition of Seibu Construction as a subsidiary, creating synergies with the company remains an ongoing initiative. No specific results from joint projects were reported in the current quarter's disclosure. - FY2023AdvancedAnnual report
「西武建設㈱とのシナジーによるフルバリュー型先進事例の共同推進などを進めてまいりました。」
Strengthening the business foundation following the acquisition of Seibu Construction as a subsidiary progressed to leveraging synergies through the joint promotion of advanced full-value model initiatives. - FY2023-Q3AdvancedAnnual report
「Seibu Construction Net sales to external customers 35,764 Segment profit or loss (△) △383」
Business results following the acquisition of Seibu Construction as a subsidiary were reflected in the segment figures for the cumulative third quarter. Net sales to external customers were ¥35,764 million and the segment loss was ¥383 million, narrowing from the cumulative loss disclosed previously. - FY2023-Q2AdvancedAnnual report
「Seibu Construction Net sales to external customers 20,903 Segment profit or loss (△) △995」
For Seibu Construction, net sales to external customers of ¥20,903 million and a segment loss of ¥995 million were disclosed for the cumulative second quarter. Its business results after becoming a subsidiary were reflected in the segment figures. - FY2023-Q1AdvancedAnnual report
「Consolidated results for the current first quarter included a contribution from the net sales and other items of Seibu Construction, which became a subsidiary last fiscal year, although」
Following the acquisition of Seibu Construction as a subsidiary, it contributed to net sales and other items in the current first quarter. Segment information disclosed net sales to external customers of ¥9,897 million for Seibu Construction. - FY2022AchievedAnnual report
「Promoting collaboration with the civil engineering and construction businesses of Seibu Construction, which became part of the Group on 31 March 2022」
The acquisition of 95% of Seibu Construction's shares and its acquisition as a subsidiary was completed on 31 March 2022, and the company became subject to consolidation. The consideration was ¥61,202 million. - FY2022-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 27 January 2022, we resolved to acquire 95% of the shares of Seibu Construction held by Seibu Railway, a consolidated subsidiary of SEIBU HOLDINGS INC., and make Seibu Construction a subsidiary. We entered into a share transfer agreement with Seibu Railway on the same date.」
An agreement was signed to acquire 95% of Seibu Construction's shares and make it a subsidiary. The business combination date was scheduled for 31 March 2022, with consideration of approximately ¥62 billion to be paid in cash. The company stated that it would strengthen its business foundation in communications, construction, civil engineering, and electrical works, among other areas.