¥30 billion investment allocation for growth
First written in FY2016. 4 of 8 entries say "Advanced", first in FY2017. Latest entry: FY2026.
13 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「⑤ Business Expansion through Growth Investment To achieve carbon neutrality, the company will promote environmental businesses to support decarbonization. It will also pursue M&A for business expansion. ◇ Promotion of environmental businesses, including the PPA business ◇ Promotion of comprehensive initiatives for the grid-scale battery storage business through the establishment of projects ◇ Promotion of technological research and development ◇ Promotion of M&A to strengthen construction capabilities, etc.」
The company has specified the PPA business, grid-scale battery storage business, technological research and development, and M&A to strengthen construction capabilities as growth investment initiatives, thereby defining and expanding its investment targets. - FY2022AdvancedAnnual report
「Shares other than unlisted shares 1 1,361 The company will pursue business partnerships as a strategic partner, including joint investments in renewable energy and collaboration with its subsidiaries, in order to expand its renewable energy-related business overseas.」
The company reports an equity investment of ¥1,361 million aimed at expanding its overseas renewable energy-related business as an area of growth investment. - FY2021RaisedAnnual report
「⑤ Business Expansion through Growth Investment (M&A, Equity Investments, etc.) To achieve carbon neutrality, the company will promote environmental businesses to support decarbonization while decarbonizing its own operations, and will invest in renewable energy and other areas. It will also pursue M&A to strengthen its organizational capabilities.」
The company has identified environmental businesses, renewable energy investments, M&A to strengthen construction capabilities and technological research and development as areas for growth investment, thereby broadening its investment scope. - FY2020AdvancedAnnual report
「As an investment for sustainable growth, the company will continue expanding its business through M&A, focusing on its core facilities construction business.」
The company invested ¥11,976 million to acquire Showa Corporation through Horizon 1 Co., Ltd., thereby specifying growth investment centered on the facilities construction business. - FY2020-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 25 December 2019, the company resolved to acquire the shares of Horizon 1 Co., Ltd. (head office: Minato-ku, Tokyo; “H1”) and make it a subsidiary. It entered into a share transfer agreement on the same date and acquired the shares of H1 on 3 February 2020.」
As specific progress in growth investment and M&A, the company resolved to make Horizon 1 Co., Ltd. a subsidiary through a share acquisition and completed the acquisition on 3 February 2020. The voting rights ratio acquired was 100%. - FY2018SoftenedAnnual report
「The company also launched a new medium-term management plan for fiscal 2018–2020 in April 2018. Under the plan, it newly set consolidated revenue and operating profit targets for fiscal 2020 by continuing to invest for sustainable growth as the foundation for achieving the “Chudenko Group Long-Term Vision,” whose target year is fiscal 2024, the company’s 80th anniversary.」
The continuation of growth investment was reaffirmed, but the ¥30 billion investment budget under the previous medium-term management plan is not restated in this filing. - FY2017AdvancedAnnual report
「During the current consolidated fiscal year, the company acquired the shares of 杉山管工設備㈱ and 早水電機工業㈱ and included the companies in its scope of consolidation.」
As specific progress in growth investment and M&A, the company completed the acquisition of 100% of the shares of 杉山管工設備 and 早水電機工業 and made them consolidated subsidiaries. - FY2016First statedAnnual report
「The company has set an investment budget of ¥30 billion for the plan period. At this stage, it has invested or plans to invest approximately ¥3.4 billion in the solar power generation business and approximately ¥600 million in agriculture-related businesses, for a total of approximately ¥4 billion.」
The company has set the investment budget for the medium-term management plan period at ¥30 billion and has identified investments in M&A, research and development, and personnel development, among other areas.