Synergies and Strengthened Construction Capabilities through the Integration of C-CUBE, Seibu Electric Industry and Nippon Dentsu

「The company is also placing greater emphasis on creating group synergies, including by beginning the joint use with the western Japan subsidiaries of an order intake and project scheduling management system for major construction projects,」

「We began jointly using the order intake and schedule management system for major construction projects with our western Japan subsidiaries, focusing further on creating synergies, while working to expand the business into new fields outside the telecommunications carrier business.」

「また、2018年10月１日に経営統合を行った西日本子会社とは事業セグメント毎に営業連携・施工連携を進め、新規受注の獲得や施工稼働の相互支援を実施するなど、グループシナジーの創出に尽力しました。」

「In light of the management integration and other developments involving companies in western Japan completed in October of the previous year, the Company revised its performance targets for fiscal 2020. In the core Telecommunications Carrier Business, it worked to strengthen earnings power by rebuilding the Group's structure around companies in western Japan and its existing subsidiaries. In the Urban Infrastructure Business and Systems Solutions Business, positioned as growth businesses, the Company focused on establishing new core businesses, including by entering new construction fields and strengthening its global business.」

「また、2018年10月１日付で、当社を株式交換完全親会社とし、シーキューブ株式会社、西部電気工業株式会社及び日本電通株式会社を株式交換完全子会社とする経営統合を行い、長年培った高い技術力をベースに強みである「トータルプロセス」「トータルソリューション」「全国施工体制」をさらに強固なものとしました。」

「Effective 1 October 2018, the Company carried out management integration under which it became the wholly owning parent company and シーキューブ株式会社, 西部電気工業株式会社 and 日本電通株式会社 became wholly owned subsidiaries. Going forward, through cooperation with the companies, the Company will further strengthen its core strengths of “total process,” “total solutions” and a “nationwide construction structure” based on its high technical capabilities cultivated over many years, seek to realize synergies by efficiently utilizing management resources within the Group, and work to establish a stronger management foundation.」

「On 1 October 2018, the Company completed management integration through share exchanges under which it became the wholly owning parent company and シーキューブ株式会社, 西部電気工業株式会社 and 日本電通株式会社 became wholly owned subsidiaries.」

「At a meeting of the Board of Directors held on 9 May 2018, the Company resolved to carry out management integration through share exchanges under which the Company would become the wholly owning parent company and シーキューブ株式会社, 西部電気工業株式会社 and 日本電通株式会社 would become wholly owned subsidiaries. On the same day, it entered into share exchange agreements with the 3 companies, with 1 October 2018 as the effective date, and the agreements were subsequently approved at each company's annual general meeting of shareholders. Through cooperation with the companies, the Company will further strengthen its core strengths of “total process,” “total solutions” and a “nationwide construction structure” based on its high technical capabilities cultivated over many years, seek to realize synergies by efficiently utilizing management resources within the Group, and work to establish a stronger management foundation.」

「We will continue responding flexibly to changes in the business environment and, through collaboration with C-CUBE Co., Ltd., Seibu Electric Industry Co., Ltd., and Nippon Dentsu Co., Ltd., which we planned to integrate on 1 October 2018, further strengthen our core strengths of a “total process,” “total solution,” and nationwide construction capabilities based on the advanced technologies developed over many years. By using the Group's management resources efficiently, we will seek to generate synergies and establish a stronger management foundation.」