Exploring New Business Areas
First written in FY2016. 9 of 11 entries say "Advanced", first in FY2017. Latest entry: FY2023.
1 other company's latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「In its agriculture business, the company is also working to develop a yield forecasting system to make agricultural operations more transparent.」
Regarding the development of new business areas, the company is working on a specific area and function, namely developing a yield forecasting system for its agriculture business. - FY2022AdvancedAnnual report
「To expand profitability and construction capacity in the Tokyo metropolitan region, the company made 横山工業㈱, an air-conditioning and plumbing contractor in Utsunomiya, Tochigi, a consolidated subsidiary effective 9 April 2021. To strengthen construction capacity in the Chugoku and Shikoku regions, it made ㈱ベルテック, an electrical contractor in Okayama, a consolidated subsidiary effective 16 December 2021.」
To expand construction capacity and profitability in the Tokyo metropolitan and Chugoku-Shikoku regions, the company made 横山工業㈱ and ㈱ベルテック consolidated subsidiaries. - FY2021AdvancedAnnual report
「To bring water and sewer service connection construction in-house at 菱栄設備工業㈱, the company established ㈱一水社 of Tokyo as its unconsolidated subsidiary effective 1 March 2021.」
To bring water and sewer service connection construction in-house in the Tokyo metropolitan region, the company established ㈱一水社 as a subsidiary of 菱栄設備工業㈱. The addition of a new business function has taken concrete form. - FY2021-Q3RestatedAnnual report
「As a result of including 2 solar power generation subsidiaries within the scope of consolidation, among other factors, revenue was ¥1,874 million (up 23.4% year on year) and segment profit was ¥805 million (up 34.2%).」
The expansion of the business base through the consolidation of 2 solar power generation subsidiaries continues to contribute to performance. - FY2021-Q1AdvancedAnnual report
「As a result of including 2 solar power generation subsidiaries within the scope of consolidation, among other factors, revenue was ¥738 million (up 17.4% year on year) and segment profit was ¥380 million (up 19.1%).」
The company made concrete progress by including 2 solar power generation subsidiaries within the scope of consolidation from the current first quarter, which was reflected in increases in revenue and segment profit. - FY2020AdvancedAnnual report
「To strengthen its foundation as an integrated equipment company in Shikoku, the company made ㈱関西設備, an air-conditioning and plumbing contractor in Kochi, a consolidated subsidiary effective 23 August 2019. To build and strengthen a value chain spanning architectural and equipment design through construction and construction supervision, it made ㈱鈴木建築設計事務所 of Yamagata a subsidiary, unconsolidated, effective 16 March 2020.」
In addition to making 関西設備 a consolidated subsidiary, the company proceeded with the acquisition of an architectural and equipment design company and established マルケン to strengthen its materials procurement function, continuing to expand into new areas, regions and value chains. - FY2019AdvancedAnnual report
「To expand its business areas in the Kansai and Tokyo metropolitan regions, the company made アイ電気通信㈱, an electrical and telecommunications contractor in Osaka, a consolidated subsidiary effective 24 July 2018, and made its subsidiary 恒栄通建㈱ an unconsolidated subsidiary. To expand its business areas in the Tokyo metropolitan region, the company made 菱栄設備工業㈱, an air-conditioning and plumbing contractor in Fujimi, Saitama, a consolidated subsidiary effective 1 October 2018, and made ㈱エーディー of Asaka, Saitama, an unconsolidated subsidiary effective 13 March 2019.」
To expand its business areas in the Kansai and Tokyo metropolitan regions, the company made telecommunications and air-conditioning and plumbing contractors consolidated subsidiaries and acquired related companies. It also established a Vietnamese entity and developed an outsourcing platform for CAD operations. - FY2019-Q1AdvancedAnnual report
「In the 67th fiscal year, 有元温調㈱ became a consolidated subsidiary. In that fiscal year, only its balance sheet was consolidated; its income statement has also been consolidated from the current first quarter cumulative period.」
For 有元温調㈱, consolidation has progressed from including only the balance sheet in the previous fiscal year to also including the income statement from the current first quarter cumulative period. - FY2018AdvancedAnnual report
「To expand its business areas in the Kansai region, the company made 有元温調㈱, an air-conditioning and plumbing contractor in Kobe, a consolidated subsidiary effective 1 February 2018.」
Regarding the development of new business areas, the company made concrete progress by acquiring an air-conditioning and plumbing contractor as a consolidated subsidiary to expand its business areas in the Kansai region. - FY2017AdvancedAnnual report
「The unconsolidated subsidiary Yondenko International Private Limited conducts overseas information gathering and develops business opportunities.」
Regarding the development of new business areas, the Singapore base established in May 2016 has progressed to the stage of gathering overseas information and developing business opportunities with a view to ASEAN. - FY2016First statedAnnual report
「The company will press ahead with sales initiatives drawing on its full capabilities, including the development of new business areas.」
The company has indicated a policy of developing new business areas outside its existing operations.