Active Use of M&A
First written in FY2016. 10 of 17 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2026.
30 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company additionally acquired shares of its consolidated subsidiary, 東洋精糖株式会社. As a result, its ownership interest increased from 86.91% to 100.00%.」
Regarding 東洋精糖, the company made it a wholly owned subsidiary through an additional acquisition following the acquisition of 86.91% through a tender offer. - FY2026-H1AdvancedAnnual report
「Results for the six-month consolidated period were revenue of ¥57,772 million, up 19.8% year on year, and operating profit of ¥5,190 million, up 7.5%, partly because 東洋精糖株式会社 became a consolidated subsidiary at the end of the previous consolidated fiscal year.」
The company confirmed 東洋精糖株式会社's contribution to results following its conversion into a consolidated subsidiary, with business platform expansion through M&A disclosed as a factor behind increases in revenue and operating profit. - FY2025AdvancedAnnual report
「As a result of the tender offer, the company acquired 86.9% of the total issued shares of the company as of 31 March 2025 and made it a consolidated subsidiary.」
As a new M&A achievement, the company completed the tender offer for 東洋精糖株式会社 and made it a consolidated subsidiary through the acquisition of 86.9%. - FY2023AdvancedAnnual report
「At a meeting of the Board of Directors of its subsidiary 伊藤忠製糖株式会社 held on 13 April 2023, the company resolved to acquire 20.03% of the total issued shares of ツルヤ化成工業株式会社 through a share acquisition and subscription for a third-party allotment, and entered into a share transfer agreement on the same day. Under the agreement, the share acquisition and subscription for the third-party allotment were completed on 1 May 2023, and the company became an equity-method affiliate.」
Following the management integration with 伊藤忠製糖, the company completed the acquisition of 20.03% of ツルヤ化成工業 and made it an equity-method affiliate. - FY2023-Q2AdvancedAnnual report
「Under the share exchange, the company plans to allot and deliver a total of 12,379,600 common shares to 伊藤忠商事, which will be a shareholder of 伊藤忠製糖 immediately before the company acquires all of 伊藤忠製糖's issued shares through the share exchange.」
Regarding the management integration with 伊藤忠製糖, the process progressed from the basic agreement to the execution of the final share exchange agreement, and specific details were presented for delivering 12,379,600 shares to 伊藤忠商事. - FY2022AdvancedAnnual report
「The company announced on 10 June 2022 that it had entered into a basic agreement toward a management integration with 伊藤忠製糖株式会社 (hereinafter, “伊藤忠製糖”).」
As a specific development in M&A and the expansion of the business platform, the company entered into and announced a basic agreement toward a management integration with 伊藤忠製糖 on 10 June 2022. - FY2020-Q3RestatedAnnual report
「To strengthen the foundation of the refined sugar business, the company assumed 王子製糖株式会社's sugar business through a company split effective 1 October 2019 and recognized ¥450 million in goodwill.」
Regarding the assumption of 王子製糖株式会社's sugar business, the company has reconfirmed that the transaction was aimed at strengthening the foundation of the refined sugar business and that ¥450 million in goodwill was recognized. The assumption itself was completed in the previous quarter. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 August 2019, the company resolved to assume the sugar business of 王子製糖株式会社 through a company split, with 1 October 2019 as the effective date. The company entered into an absorption-type company split agreement dated 14 August 2019 and completed the business transfer on 1 October 2019.」
As a specific development in M&A and the expansion of the business platform, the company assumed the sugar business of 王子製糖株式会社 through a company split. The consideration was ¥691 million in cash, and goodwill of ¥450 million was recognized, with the transaction aimed at strengthening the foundation of the refined sugar business. - FY2020-Q1RestatedAnnual report
「Revenue was ¥860 million, up 45.5% year on year, partly because 株式会社エヌエーシーシステム, which became a subsidiary at the end of the previous consolidated fiscal year, contributed to results,」
The company explains that 株式会社エヌエーシーシステム, acquired as a subsidiary at the end of the previous consolidated fiscal year, contributed to revenue in the quarter. No new M&A is mentioned. - FY2019AdvancedAnnual report
「Regarding capital surplus, the company additionally acquired shares of its consolidated subsidiary ツキオカフィルム製薬株式会社, which operates the sugar and other food products business, on 21 December 2018 and made it a wholly owned subsidiary,」
The company made ツキオカフィルム製薬株式会社, in which it already held 80%, a wholly owned subsidiary through an additional acquisition dated 21 December 2018. - FY2019-Q3AdvancedAnnual report
「As announced in the 20 December 2018 notice titled “Notice Regarding the Acquisition of Shares in 株式会社エヌエーシーシステム (Making It a Subsidiary),” the company acquired shares of 株式会社エヌエーシーシステム on 1 February 2019. The company operates 2 comprehensive fitness clubs and 9 24-hour compact gyms in Tokyo.」
As a specific development in M&A, the company completed the acquisition on 1 February 2019 of shares in 株式会社エヌエーシーシステム, which operates 2 comprehensive fitness clubs and 9 24-hour compact gyms. - FY2019-Q2RestatedAnnual report
「Other food products posted higher revenue because ツキオカフィルム製薬株式会社 was included in the scope of consolidation at the end of the third quarter of the previous consolidated fiscal year.」
The company explains that the acquisition of ツキオカフィルム製薬 as a subsidiary and its consolidation, both already completed, contributed to higher revenue. No new acquisition is mentioned. - FY2018RestatedAnnual report
「Regarding ツキオカフィルム製薬株式会社, which joined the group in October 2017, the company believes that, in addition to expanding the group's product lineup in food-related fields, its business extending into cosmetics and pharmaceuticals will contribute to expanding the company's business areas, and will focus on the company's growth going forward.」
Following the acquisition of ツキオカフィルム製薬 as a subsidiary, the company has reconfirmed its policy of expanding its business areas into food, cosmetics and pharmaceuticals and focusing on the company's growth. - FY2018-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 31 October 2017, the company resolved to acquire 80% of the total issued shares of ツキオカフィルム製薬株式会社 and make it a subsidiary. On the same date, the company entered into a share transfer agreement and completed the acquisition of 80% of the company's total issued shares.」
The completion of the acquisition of 80% of the issued shares of ツキオカフィルム製薬株式会社 and its conversion into a wholly owned subsidiary is reiterated as a detail of the business combination. - FY2018-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 31 October 2017, the company resolved to acquire 80% of the total issued shares of ツキオカフィルム製薬株式会社 and make it a subsidiary. On the same date, the company entered into a share transfer agreement and completed the acquisition of 80% of the company's total issued shares.」
As a specific development in M&A, the company acquired 80% of the issued shares of ツキオカフィルム製薬株式会社 and made it a subsidiary. - FY2017RestatedAnnual report
「The company will also actively use M&A to increase its handling of new food ingredients and other products.」
The company continues to actively use M&A to expand its handling of food ingredients and other products. - FY2016First statedAnnual report
「The company will also actively use M&A for these purposes.」
M&A is explicitly identified as a means of expanding business areas, including overseas expansion and product development.