Selection and Concentration on More Profitable Businesses
First written in FY2017. 11 of 28 entries say "Restated". Latest entry: FY2027-H1.
3 other companies' latest entry also says "Reframed".
- FY2027-H1ReframedAnnual report
「The Group operates an AI solutions business comprising the AIDC business, AI gaming business and enterprise AI solutions business, as well as a wellness business and a crypto-asset investment business.」
The business portfolio consists of 3 AI-related areas, the wellness business and the crypto-asset investment business. The Group explains that it will advance each business in stages according to profitability, funding requirements and capital efficiency. - FY2026-H1RestatedAnnual report
「The Group will continue to focus on the 3 areas of its core AI solutions business: 1) the AI infrastructure business, 2) the AI gaming business and 3) the enterprise AI solutions business, with the aim of increasing corporate value over the medium to long term. In the wellness business, it is seeking to maintain profitability at an appropriate scale in line with the current business environment.」
The policy of focusing on 3 core areas—AI infrastructure, AI gaming and enterprise AI solutions—while maintaining profitability in the wellness business at an appropriate scale has been reaffirmed. - FY2025ReframedAnnual report
「2) AI gaming business: Alongside operating the game “GYEE,” the Group is developing multiple projects, including a Web3 version of “GYEE 2.0” and games that use intellectual property.」
The scope of the focus strategy is expanding beyond GPU sales and AIDC to multiple AI gaming projects, including GYEE operations, a Web3 version and games using intellectual property. - FY2025ReframedAnnual report
「1) AI infrastructure business: The Group operates this business starting with GPU server sales and is promoting a shift into the AIDC (AI data centre) business as its next growth area, with a view to establishing a sustainable earnings base. In the short term, while leveraging the procurement and sales network it has built to date, the Group will strengthen collaboration with multiple partners that own equipment and technology and work to build an asset-efficient business model.」
The focus on businesses with high earnings potential is taking concrete form through the shift from establishing 3 AI-related businesses to the AIDC business, starting with GPU server sales, and stronger collaboration with multiple partners. - FY2025-H1ReframedAnnual report
「To express the direction of our business more clearly, we changed the name of the system solutions business, which we had operated as a core business since the previous fiscal year, to the AI solutions business, and are shifting the business from the electric vehicle (EV) business to AI-related businesses: 1) the AI infrastructure business, currently centred on GPU server sales; 2) the AI gaming business; and 3) the AI enterprise solutions business, formerly the AIGC business.」
The business name and focus are being reorganised from a strategy centred on the EV business to a portfolio dedicated to 3 AI-related businesses. - FY2025-Q1RestatedAnnual report
「Since the previous fiscal year, the Group has been shifting its system solutions business, which it has developed as a core business, from the electric vehicle (EV) business to 3 AI-related businesses: 1) the AI infrastructure business, currently centred on GPU server sales; 2) the development, operation and publishing of games equipped with AI functions; and 3) edge computing, cloud storage, cloud gaming and digital twins, namely enterprise AI solutions related to AIGC.」
The portfolio policy of shifting the core from the EV business to 3 businesses—AI infrastructure, AI gaming and AIGC-related enterprise AI solutions—has been reaffirmed. - FY2024ReframedAnnual report
「Going forward, the Group plans to develop global AI-related businesses centred on these 3 businesses.」
The focus is shifting from the previous strategy of concentrating on the EV business to a portfolio centred on 3 core AI-related businesses: AIGC, GPU server sales and game development. - FY2024-Q3ReframedAnnual report
「In the system solutions business, we have launched the EV business as part of businesses combining 5G and AI technologies, while also beginning preparations for developing the AI-related business from the cumulative third quarter of the current consolidated fiscal year.」
In addition to focusing on the EV business as a core business, the portfolio is broadening to include preparations for the AI-related business in parallel. - FY2023RestatedAnnual report
「In the system solutions business, we will focus on the EV business centred on “FOMM ONE,” which the Group considers to be a core business.」
The policy of focusing the business portfolio on the EV business centred on FOMM ONE has been reaffirmed. - FY2022AdvancedAnnual report
「We formulated a strategy to gradually concentrate management resources on the EV business as a new business.」
Following the discontinuation of the fintech business, the shift toward focusing resources has entered the execution phase through the concentration of management resources on the EV business and restraint on accepting new system projects. - FY2022-Q1ReframedAnnual report
「Under these circumstances, the Group has been preparing to develop a new system solutions business involving businesses that combine 5G and AI technologies, while continuing to explore businesses that could become the core of a new business.」
The policy of preparing 5G- and AI-related businesses while exploring a new business core has continued, and the subsequent event has taken concrete form in the decision to enter the EV business. - FY2021ReframedAnnual report
「As it is expected to take some time before the full-scale launch of businesses related to 5G, AI and other areas, the Group is exploring new businesses that could become the core of its operations in order to achieve profitability at an early stage, and is currently considering entering the medical and healthcare fields.」
In addition to the previous policy of withdrawing from unprofitable businesses and concentrating on 5G- and AI-related businesses, the focus is broadening toward exploring the medical and healthcare fields as a new business core. - FY2021-Q3AdvancedAnnual report
「Believing it necessary to withdraw from unprofitable businesses and concentrate management resources in preparation for launching new businesses, on 31 August 2020 the Group transferred the businesses of the two cryptocurrency exchanges it operated in Hong Kong and Singapore, and completed the discontinuation of the fintech business at the end of December 2020.」
The portfolio policy of withdrawing from unprofitable businesses and concentrating management resources on new businesses includes the transfer of the businesses of the two exchanges in Hong Kong and Singapore and the completed discontinuation of the fintech business. - FY2021-Q2AdvancedAnnual report
「Believing it necessary to withdraw from unprofitable businesses and concentrate management resources in preparation for launching new businesses, we decided to discontinue the fintech business by the end of December 2020, and on 31 August 2020 the Group transferred the businesses of the two cryptocurrency exchanges it operated in Hong Kong and Singapore.」
The portfolio policy of withdrawing from unprofitable businesses and concentrating management resources on new businesses has progressed from the decision to discontinue the fintech business to the completed transfer of the businesses of the two exchanges in Hong Kong and Singapore. - FY2021-Q1ReframedAnnual report
「Believing it necessary to withdraw from unprofitable businesses and concentrate management resources in preparation for launching new businesses, we decided to discontinue the fintech business by the end of December 2020.」
The policy of avoiding excessive dependence on the fintech business has evolved into an explicit portfolio reorganisation involving the discontinuation of that business and the concentration of management resources on new 5G- and AI-related businesses. - FY2020RestatedAnnual report
「The Group has reviewed its business portfolio and worked to strengthen and improve each business so as not to become overly dependent on the performance of the fintech business, which it focused on in the previous consolidated fiscal year.」
The portfolio policy of avoiding excessive dependence on the fintech business while strengthening and improving each business has been reaffirmed. - FY2020-Q2RestatedAnnual report
「Under these circumstances, the Group reviewed its business portfolio and worked to strengthen and improve each business so as not to become overly dependent on the performance of the fintech business, on which it had focused during the previous fiscal year.」
The policy of reviewing the business portfolio and improving each business to avoid excessive dependence on the fintech business has been reaffirmed. - FY2020-Q1RestatedAnnual report
「Under these circumstances, the Group reviewed its business portfolio and worked to strengthen and improve each business so as not to become overly dependent on the performance of the fintech business, on which it had focused during the previous fiscal year.」
The policy of reviewing the business portfolio and improving each business to avoid excessive dependence on the fintech business has been reaffirmed. - FY2019ReframedAnnual report
「We determined that concentrating too heavily on the fintech business would entail significant management risk. Accordingly, our Group-wide strategy from the next fiscal year onward is to continue the overseas fintech business while also focusing on businesses within the system solutions business we have operated traditionally, such as system development and the planning and operation of matching applications.」
The focus is shifting from excessive concentration on fintech to a policy of diversifying business risk by continuing overseas fintech operations while directing management resources to system solutions and other businesses. - FY2019-Q3RestatedAnnual report
「In the first quarter of the current fiscal year, as part of the Group's business portfolio restructuring, we sold our interest in former Hong Kong subsidiary Plurecil Holdings Limited, excluded it from the scope of consolidation, and」
The explanation positioning the sale of Plurecil Holdings Limited as part of the business portfolio restructuring has been reiterated. - FY2019-Q2RestatedAnnual report
「Under these circumstances, the Group worked to launch the fintech business, which had been started as a new business, by restructuring its business portfolio.」
The policy of restructuring the business portfolio and focusing on launching the fintech business, which was started as a new business, has been reconfirmed. - FY2019-Q1RestatedAnnual report
「Under these circumstances, the Group worked to launch the fintech business, which had been started as a new business, by restructuring its business portfolio.」
The policy of restructuring the business portfolio and focusing on launching the fintech business has been reconfirmed as a management initiative for the current quarter. - FY2018AdvancedAnnual report
「The current fiscal year was an important milestone for the Group as it sought to restructure its business portfolio through “selection and concentration” and transition to a high-profitability business group.」
In addition to the policy of restructuring the business portfolio, specific moves to concentrate management resources from the eyelash care business on the fintech business, including the transfer of all interests in Plurecil, are described. - FY2018-Q2RestatedAnnual report
「The Group has pursued proactive management initiatives to build a stronger foundation as a corporate entity by entering new businesses, concentrating management resources on other businesses, and improving its financial position.」
The direction of strengthening the corporate base by concentrating management resources on other businesses is reiterated as a description of specific business activities. - FY2017AchievedAnnual report
「We decided to transfer the shares, having determined that concentrating on and selecting businesses with high profitability would contribute to improving the Group's corporate value and enhancing management efficiency.」
All shares of TM Planning Co., Ltd., which constituted the cost management business, where profit margins had been deteriorating, were transferred on 31 January 2017.