More than ¥10 billion in growth investment over 3 years, plus overseas expansion and M&A
First written in FY2019. 6 of 13 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2026.
60 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the consolidated fiscal year, cash flows from investing activities decreased by ¥1,706 million, compared with a decrease of ¥1,339 million in the previous fiscal year, mainly due to expenditures associated with upgrading asphalt mixture plant equipment, acquiring construction machinery and rebuilding offices.」
The company upgraded plant equipment, acquired construction machinery and rebuilt offices, resulting in ¥1,706 million in cash outflows from investing activities. It also completed the M&A of 株式会社ゼネラルアクト. - FY2026-H1AdvancedAnnual report
「During the interim consolidated accounting period, cash flows from investing activities decreased by ¥706 million, compared with a decrease of ¥608 million in the same period of the previous year, mainly due to expenditures associated with upgrading asphalt mixture plant equipment.」
Expenditures associated with upgrading asphalt mixture plant equipment were incurred as part of business investment under the medium-term management plan. - FY2025-H1AdvancedAnnual report
「During the interim consolidated accounting period, cash flows from investing activities decreased by ¥608 million, compared with a decrease of ¥2,082 million in the same period of the previous year, mainly due to expenditures associated with upgrading asphalt mixture plant equipment.」
Expenditures associated with upgrading asphalt mixture plant equipment were incurred as part of business investment during the period of the FY2024-FY2026 medium-term management plan. - FY2024SoftenedAnnual report
「Business investment requires continuous and strategic capital investment and technological development to achieve sustainable growth in the future. As the company is currently in a period of qualitative transformation of its business assets aimed at reducing environmental impact and improving productivity, it plans cumulative capital investment of approximately ¥1.05 billion over 3 years during the period of the Medium-Term Management Plan (FY2024-FY2026), and expects strategic investment of approximately ¥150 million through M&A and other measures.」
The capital investment plan was reduced from approximately ¥1.5 billion over 3 years under the previous medium-term plan to approximately ¥1.05 billion. Strategic investment through M&A and other measures remains at approximately ¥150 million. - FY2022RaisedAnnual report
「During the period of the Medium-Term Management Plan (FY2021-FY2023), the company plans cumulative capital investment of approximately ¥1.5 billion over 3 years and expects strategic investment of approximately ¥150 million through M&A and other measures.」
The plan was expanded from the previous 3-year investment plan of more than ¥1 billion to approximately ¥1.5 billion in capital investment over 3 years, plus approximately ¥150 million in strategic investment through M&A and other measures. - FY2021-Q3Impairment loss at overseas subsidiaryAnnual report
「In light of these circumstances, it is difficult to predict when the COVID-19 pandemic will subside in the Republic of the Union of Myanmar. As of the end of FY2021, normalization had not been achieved, so the company changed its assumption to a gradual recovery from FY2021 onward and made accounting estimates, including impairment accounting for fixed assets. As a result, the company recognized an impairment loss of ¥576 million on production equipment and other assets of its consolidated subsidiary, SEIKITOKYU MYANMAR ROAD COMPANY LIMITED.」
The company recognized an impairment loss of ¥576 million on production equipment and other assets at its Myanmar consolidated subsidiary, established as part of its overseas expansion, due to the prolonged COVID-19 pandemic. - FY2020AdvancedAnnual report
「Meanwhile, cash flows from investing activities decreased by ¥380.8 million during the consolidated fiscal year, compared with a decrease of ¥177.7 million in the previous consolidated fiscal year. This resulted from systematically advancing growth investments under the medium-term management plan, including M&A involving local construction companies and equipment upgrades at asphalt mixture plants, which caused total spending to exceed the previous year.」
In line with the 3-year investment plan of more than ¥1 billion, the company completed M&A involving a local construction company and upgraded asphalt mixture plant equipment, increasing investment spending from the previous fiscal year. - FY2020-Q3RestatedAnnual report
「During the second quarter, the company acquired all shares of 舗道工業株式会社 (Construction Business) and made it and its subsidiary 舗栄建設工業株式会社 (Construction Business) consolidated subsidiaries. In addition, procedures for establishing SEIKITOKYU MYANMAR ROAD COMPANY LIMITED (Paving Materials Manufacturing and Sales Business) in the Republic of the Union of Myanmar were completed, and the company was made a consolidated subsidiary. As a result, the company had 10 consolidated subsidiaries.」
The company reiterates concrete progress in M&A and overseas expansion under the medium-term plan, including making 舗道工業株式会社 and other entities consolidated subsidiaries and completing procedures to establish a Myanmar entity. - FY2020-Q2AdvancedAnnual report
「During the second quarter of the consolidated accounting period, the company acquired all shares of 舗道工業株式会社 (construction business) and made the company and its subsidiary, 舗栄建設工業株式会社 (construction business), consolidated subsidiaries. In the Republic of the Union of Myanmar, procedures to establish SEIKITOKYU MYANMAR ROAD COMPANY LIMITED (paving materials manufacturing and sales business) were completed, and the company became a consolidated subsidiary.」
There was concrete progress in the growth areas identified in the medium-term plan, including overseas expansion and M&A, through the acquisition of 舗道工業株式会社 and completion of procedures to establish a Myanmar entity. - FY2019First statedAnnual report
「Under the current Medium-Term Management Plan (FY2018-FY2020), the company plans to invest more than ¥1 billion over the 3 years from FY2018 to achieve sustainable growth. The investment will focus primarily on qualitative improvements to assets supporting the core business, such as upgrading asphalt mixture plants, while approximately 30% is planned to be allocated to areas aimed at future growth, including overseas expansion and M&A.」
The company has, for the first time, specifically described a plan to invest more than ¥1 billion over the 3 years from FY2018, focusing on core business assets such as asphalt mixture plant upgrades while allocating approximately 30% to overseas expansion, M&A and other areas.