Growth in Completed M&A Transactions

「The number of deals closed was 188, down 11.3% year on year.」

「Annual closed transactions totaled 1,061, down 17 from the same period of the previous year, but」

「The number of deals closed during the consolidated fiscal year under review was 1,061, down 17 from the previous corresponding period. Meanwhile, as a result of continuing to focus on closing mid-cap deals—companies with net sales of at least ¥1 billion or profit of at least ¥50 million—M&A revenue per deal increased by ¥6.1 million from ¥39.6 million in the previous consolidated fiscal year to ¥45.7 million.」

「Closed transactions during the period increased to 488 (454 in the same period of the previous year, up 7.5%), while M&A revenue per transaction also rose to ¥44.6 million (¥39.6 million in the same period of the previous year, up 12.6%).」

「Closed transactions totaled 454, a decrease of 42 from the previous interim consolidated accounting period.」

「Closed transactions, which the Group regards as an indicator of unity across the Company, reached a record 1,146, an increase of 96, or 9.1%, from 1,050 in the previous consolidated fiscal year. Fourth-quarter closed transactions (January to March 2024) were 350, significantly exceeding the previous quarterly record of 300 set in the third quarter of the current consolidated fiscal year (October to December 2023) and marking a new record for the second consecutive quarter.」

「With all employees working together to close transactions during the third quarter of the current consolidated fiscal year (October to December 2023), the Group closed 300 transactions during the period, the highest number on a quarterly basis. As a result, cumulative third-quarter closed transactions also reached 796, an increase of 42 from 754 in the same period of the previous year.」

「Cumulative first-quarter closed transactions reached 230, an increase of 4 from the same period of the previous year. Closed transactions over the most recent six months, combining this figure with the record 296 transactions closed in the previous quarter (January to March 2023), totaled 526, up 30.8% from 402 in the same period of the previous year, demonstrating steady growth in transaction closings resulting from sales activities.」

「Full-year closed transactions also sufficiently offset the first-quarter decline, reaching a record 1,050, an increase of 54 from the previous year.」

「Third-quarter closed transactions were 258 (October to December 2022), exceeding the 243 recorded in the previous third quarter (October to December 2021), when the Group pursued an aggressive sales campaign to mark its 30th anniversary. The Group will continue to maintain this pace of transaction closings and move forward with all employees working together. Cumulative third-quarter closed transactions (April to December 2022) were 754, recovering to 8.0% below the 820 recorded in the same period of the previous year (April to December 2021) after covering the first-quarter decline.」

「As a result, the Group's sales activities are accelerating toward recovery. The number of deals closed increased 19.5%, from 226 in the first quarter (April to June 2022) to 270 in the second quarter (July to September 2022). This was 94.4% of the 286 deals closed in the second quarter of the previous fiscal year (July to September 2021), when the company pursued active sales activities to mark its 30th anniversary. The number of deals closed in the six months ended September 2022 was 496, down 14.0% from 577 in the same period of the previous year (April to September 2021).」

「Cumulative first-quarter closed transactions were 226 (transfers and acquisitions counted separately), a decrease of 65 transactions, or 22.3%, from 291 in the same period of the previous year, although」

「Annual closed transactions, the cumulative total of quarterly results, increased by 110, or 12.4%, from 886 in the same period of the previous year to 996 (transfers and acquisitions counted separately).」

「As a result, cumulative third-quarter closed transactions increased by 119, or 17.0%, from 701 in the same period of the previous year to 820 (transfers and acquisitions counted separately).」

「Amid these difficult conditions, at the 30th anniversary of its founding, the Company positioned the current consolidated fiscal year as the first year of its "Second Founding" and all Group employees worked together on sales activities under the slogan "Exceed30." As a result, cumulative second-quarter closed transactions increased by 115, or 24.6%, from 467 in the same period of the previous year to 582 (transfers and acquisitions counted separately).」

「Cumulative first-quarter closed transactions were 293 (transfers and acquisitions counted separately), an increase of 61 transactions, or 26.3%, from 232 in the same period of the previous year.」

「Despite difficulties meeting with customers as planned during the consolidated fiscal year, the Group closed a record 914 M&A advisory transactions (transfers and acquisitions counted separately). This was an increase of 29 transactions, or 3.3%, from the 885 transactions recorded in the previous consolidated fiscal year.」

「During the third quarter of the current consolidated fiscal year (1 October 2020 to 31 December 2020), the Group closed 246 M&A transactions (transfers and acquisitions counted separately), 22 more than the 224 transactions closed in the same quarter of the previous year. As a result, cumulative third-quarter closed transactions reached 713, showing signs of recovering toward the 743 transactions recorded in the same period of the previous year.」

「Despite these difficult conditions, cumulative second-quarter closed transactions were 467 (519 in the same period of the previous year; transfers and acquisitions counted separately). Although this fell short of the previous year's total, the Group steadily closed transactions.」

「During the cumulative first quarter, the Group closed 232 transactions, broadly in line with the same period of the previous year (234 transactions; transfers and acquisitions counted separately).」

「During the consolidated fiscal year, the Group closed a record 885 M&A advisory transactions (transfers and acquisitions counted separately). This was an increase of 115 transactions, or 14.9%, from the 770 transactions recorded in the previous consolidated fiscal year.」

「As a result, cumulative third-quarter closed transactions reached 743 (1 April 2019 to 31 December 2019), an increase of 138 transactions, or 22.8%, from 605 in the same period of the previous year, representing a record number of transactions closed for the cumulative third quarter.」

「Cumulative second-quarter closed transactions reached 519 (transfers and acquisitions counted separately), an increase of 134 transactions, or 34.8%, from 385 in the same period of the previous year, representing a record number of transactions closed for the cumulative second quarter. Second-quarter standalone closed transactions reached 285 (transfers and acquisitions counted separately), an increase of 73 transactions, or 34.4%, from 212 in the same quarter of the previous year, representing a new quarterly record.」

「During the cumulative first quarter, the Group closed 234 M&A advisory transactions (transfers and acquisitions counted separately), the highest ever on a quarterly basis. This was an increase of 61 transactions, or 35.3%, from 173 in the same quarter of the previous year, and the Group continued to maintain strong transaction-closing activity.」

「During the consolidated fiscal year, the Group closed a record 770 M&A advisory transactions (transfers and acquisitions counted separately). This was an increase of 121 transactions, or 18.6%, from the 649 transactions recorded in the previous consolidated fiscal year.」

「During the third quarter of the current consolidated fiscal year (1 October 2018 to 31 December 2018), the Group closed 220 M&A advisory transactions (transfers and acquisitions counted separately), the highest ever on a quarterly basis. Following the 212 M&A advisory transactions closed in the previous quarter (the second quarter of the current consolidated fiscal year, 1 July 2018 to 30 September 2018), this marked a record high for the second consecutive quarter. As a result, cumulative third-quarter closed transactions reached 605. This was an increase of 74 transactions, or 13.9%, from 531 in the same period of the previous year, also representing a record number of closed transactions for the cumulative period.」

「During the second quarter of the current consolidated fiscal year, the Group closed 212 M&A advisory transactions (transfers and acquisitions counted separately), the highest ever on a quarterly basis. As a result, cumulative second-quarter closed transactions reached 385, an increase of 5 from 380 in the same six-month period of the previous year, also representing a record number of transactions closed for the period.」

「During the cumulative first quarter, the Group closed 173 M&A advisory transactions (transfers and acquisitions counted separately), in line with the 173 transactions closed in the same quarter of the previous year.」

「During the consolidated fiscal year, the Group closed a record 649 M&A advisory transactions (transfers and acquisitions counted separately). This was an increase of 125 transactions, or 23.9%, from the 524 transactions recorded in the previous consolidated fiscal year.」

「The Group closed 531 transactions during the cumulative third quarter of the current consolidated fiscal year (1 April 2017 to 31 December 2017) (406 in the same cumulative period of the previous year, an increase of 30.8%; transfers and acquisitions counted separately), a record number for the cumulative third quarter.」

「During the second quarter of the current consolidated fiscal year (1 July 2017 to 30 September 2017), the Group closed 207 M&A advisory transactions (transfers and acquisitions counted separately). This was an increase of 55 transactions, or 36.2%, from 152 in the same quarter of the previous year, representing a record number of transactions closed on a quarterly basis. During the cumulative second quarter (1 April 2017 to 30 September 2017), the Group closed 380 transactions (transfers and acquisitions counted separately), an increase of 101 transactions, or 36.2%, from 279 in the same six-month period of the previous year, also representing a record number of transactions closed for the period.」

「During the cumulative first quarter, the Group closed 173 M&A advisory transactions (transfers and acquisitions counted separately), the highest ever on a quarterly basis. This was an increase of 46 transactions, or 36.2%, from 127 in the same quarter of the previous year, and the Group continued to maintain strong transaction-closing activity.」

「During the consolidated fiscal year, the Group closed a record 524 M&A advisory transactions (transfers and acquisitions counted separately). This was an increase of 104 transactions, or 24.8%, from the 420 transactions recorded in the previous consolidated fiscal year.」

「For the nine months ended 31 December 2016, the Group closed 406 M&A advisory deals, with transfers and acquisitions counted separately. This was an increase of 24.2% from the 327 deals in the same period of the previous year, representing a record number of deals closed for a nine-month period.」

「The number of completed transactions for the six months ended September 30 was 279, with transfers and acquisitions counted separately. This was a substantial increase of 33.5% from 209 in the same period of the previous year, setting a new first-half record.」

「During the first quarter, the Group completed a record 127 M&A advisory transactions for a single quarter, with divestments and acquisitions counted separately. This was an increase of 19 transactions, or 17.6%, from 108 in the same quarter of the previous year, and the Group maintained a strong pace of transaction completions.」

「During the consolidated fiscal year, the Group completed a record 420 M&A advisory transactions, with divestments and acquisitions counted separately. This was an increase of 82 transactions, or 24.3%, from the 338 transactions completed in the previous consolidated fiscal year.」