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Alsok (2331) · InitiativeWorsenedLatest Earnings presentation (2026-08-04): "Cited as achieved"

Expansion of the Security Business in Overseas Markets

First written in FY2017-Q3. 8 of 21 entries say "Advanced", first in FY2018. Latest entry: 2026-08-04.

21entries
10years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017-Q3 – FY2017AdvancedFY2019AdvancedFY2023-Q1 – FY2025-H12017: 220172018: 320182019: 220192020: 020202021: 020212022: 220222023: 320232024: 220242025: 120252026: 62026
Same theme, other companies
Expansion of Overseas Operations and Subsidiarization in Southeast Asia and the Middle EastA theme 6 companies write about · 1 as a headwind · 5 as a tailwind

0 other companies' latest entry also says "Cited as achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「In overseas operations, net sales were ¥27,983 million, up 4.3% year on year, while the operating loss was ¥1,110 million, compared with an operating loss of ¥547 million in the previous year.」

    The overseas business posted higher revenue, while its operating loss widened from ¥547 million in the previous year to ¥1,110 million.
  2. FY2026-H1Higher revenue alongside a wider operating lossAnnual report

    「In the overseas business, revenue was ¥13,679 million, up 4.3% year on year, partly due to the effects of M&A, while operating loss was ¥427 million, compared with an operating loss of ¥373 million in the previous year. We will continue to provide products and services optimized for each country based on the expertise developed in Japan, support customers' overseas businesses and actively expand our operations.」

    Although M&A increased revenue in the overseas business, the operating loss widened from the previous year. The policy of providing services optimized for each country and actively expanding operations remains unchanged.
  3. FY2025-H1AdvancedAnnual report

    「In the overseas business, revenue was ¥13,119 million, up 286.6% year on year, partly due to the effects of M&A, while operating loss was ¥373 million, compared with an operating loss of ¥318 million in the previous year.」

    M&A drove overseas business revenue to ¥13,119 million, up 286.6% year on year, substantially expanding the business scale. However, the operating loss continued at ¥373 million.
  4. FY2024-Q3AdvancedAnnual report

    「This business combination involved two acquisitions of SOS shares: the acquisition on the business combination date and the additional acquisition on 18 December 2023. / Voting rights ratio after the additional acquisition: 79.3%」

    For PT. Shield-On Service Tbk, the voting rights ratio was raised to 79.3% following the additional acquisition on 18 December 2023, expanding the Indonesian business platform covering personnel dispatch, security, cleaning, parking management and other services, including the company and its 7 subsidiaries.
  5. FY2024-Q2AdvancedAnnual report

    「Effective 15 August 2023, through our Indonesian subsidiary PT.ALSOK BASS Indonesia Security Services, we acquired shares in PT.Shield-On Service Tbk, which operates personnel dispatch, security and other businesses in Indonesia, and made the company and its 7 subsidiaries consolidated subsidiaries.」

    Effective 15 August 2023, PT.Shield-On Service Tbk and its 7 subsidiaries in Indonesia were made consolidated subsidiaries, expanding the local platform for personnel dispatch, security and related businesses. The voting rights ratio after the acquisition was 44.3% following the exercise of warrants, but effective control continues through plans for additional acquisitions and the dispatch of directors.
  6. FY2024-Q1AdvancedAnnual report

    「Effective 9 June 2023, we entered into an agreement to acquire shares in PT.Shield-On Service Tbk, which operates a personnel dispatch and security business in Indonesia, through our Indonesian subsidiary PT.ALSOK BASS Indonesia Security Services.」

    We entered into an agreement to acquire shares in a local security and personnel dispatch company through an Indonesian subsidiary, giving concrete form to the expansion of the overseas business. This was at the agreement stage, not the completion-of-acquisition stage.
  7. FY2023-Q3AdvancedAnnual report

    「Effective 15 November 2022, we established ALSOK Bangladesh Security Services Ltd., which operates a security business in Bangladesh, and made it a consolidated subsidiary.」

    We established a security business company in Bangladesh and made it a consolidated subsidiary, expanding the geographic reach and platform of the overseas security business.
  8. FY2023-Q1AdvancedAnnual report

    「The voting rights ratio represented by the additionally acquired shares was 24%, bringing our voting rights ratio in PT. ALSOK BASS Indonesia Security Services to 73% as a result of the transaction.」

    We additionally acquired shares in the Indonesian security business, raising the voting rights ratio to 73% and advancing the expansion of the overseas security business and stronger governance.
  9. FY2022RestatedAnnual report

    「Our group will actively expand its operations to support customers' overseas businesses by providing products and services optimized for each country, based on the expertise developed in Japan in response to growing demand for safety and security overseas.」

    The company continues its policy of expanding overseas operations by adapting the security expertise developed in Japan into products and services for each country.
  10. FY2019AdvancedAnnual report

    「Effective 1 April 2019, the business of ALSOK(Vietnam)Co.,Ltd. changed to ALSOK Vietnam Security Services Joint Stock Company, consolidating the business structure into a single company, improving operational efficiency and further enhancing customer service, while providing services optimized to customer needs.」

    The company describes the consolidation of the Vietnam business into a single-company structure and the resulting plans to improve operational efficiency and customer service.
  11. FY2019-Q3RestatedAnnual report

    「Effective 1 April 2018, ALSOK Myanmar Security Services Co.,Ltd., which operates a security business in Myanmar, commenced operations. The company is included in the scope of consolidation.」

    The company continues to describe the foundation for the overseas security business established when the Myanmar consolidated subsidiary commenced operations in April 2018.
  12. FY2019-Q2RestatedAnnual report

    「Effective 1 April 2018, ALSOK Myanmar Security Services Co.,Ltd., which operates a security business in Myanmar, commenced operations. The company is included in the scope of consolidation.」

    The company continues to describe the foundation for the overseas security business established when the Myanmar consolidated subsidiary commenced operations.
  13. FY2019-Q1RestatedAnnual report

    「Effective 1 April 2018, ALSOK Myanmar Security Services Co.,Ltd., which operates a security business in Myanmar, commenced operations. The company is included in the scope of consolidation.」

    We confirmed that the Myanmar consolidated subsidiary commenced operations effective 1 April 2018, maintaining the foundation for developing the overseas security business.
  14. FY2018AdvancedAnnual report

    「Effective 1 April 2018, ALSOK Myanmar Security Services Co.,Ltd, which provides a full range of security services in Myanmar, commenced operations and became a consolidated subsidiary of the company.」

    The consolidated subsidiary providing a full range of security services in Myanmar commenced operations in April 2018, broadening the foundation for overseas operations.
  15. FY2017RestatedAnnual report

    「The overseas expansion of Japanese companies is expected to continue increasing. Based on the security expertise developed in Japan, our group will provide products and services optimized for each country and actively expand its operations to support customers' overseas businesses.」

    The company continues to pursue its policy of actively expanding overseas by adapting the security expertise developed in Japan into products and services for each country.
  16. FY2017-Q3First statedAnnual report

    「To pursue further expansion in overseas markets, we made local partner security companies in Vietnam and Indonesia consolidated subsidiaries, strengthening our platform for fully developing the security business in both countries.」

    We acquired shares in the local security companies with which we had partnered in Indonesia and Vietnam and made them consolidated subsidiaries. We are establishing a concrete platform for expanding in overseas markets.
Moved together

"Strengthening and Expanding the Security Business" moved the same way as this thread, in the same document, in 8 of its 21 moves.

887777★123456
  1. ★This thread
  2. 1Strengthening and Expanding the Security Business8×
  3. 2Expansion of the scale and service platform of the nursing-care business8×
  4. 3Comprehensive Facility Management Through Group Collaboration7×
  5. 4Expansion of security-adjacent businesses (nursing care, building maintenance, etc.)7×
  6. 5Enhancement of Security Products to Meet Customer Needs7×
  7. 6Dividend Policy Balancing Shareholder Returns and Retained Earnings7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Alsok yet. It last moved in the Earnings presentation of 2026-08-04: "Cited as achieved".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Expansion of the Security Business in Overseas Markets | ALSOK CO.,LTD. (2331) | Komori