“Vision 300,” Positioning M&A at the Core of the Growth Strategy
First written in FY2017-Q1. 15 of 22 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
25 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Under this medium-term management plan, the Company carried out 6 M&A transactions involving 21 companies during the plan period, strengthening its domestic and overseas business foundations, while demonstrating the Group's comprehensive capabilities in large-scale projects including Expo 2025 Osaka, Kansai and Nagasaki Stadium City.」
The Company summarizes its M&A results during the Vision 2025 period as 6 transactions involving 21 companies, which contributed to strengthening its domestic and overseas business foundations. It will continue to use M&A as a means of growth under Beyond 1000. - FY2025AdvancedAnnual report
「Based on this policy, in the first quarter the Company acquired shares in CHホールディングス株式会社, which has 9 video production companies under its umbrella, and began providing video production services. CHホールディングス株式会社 and its subsidiaries 株式会社エルロイ and 株式会社massive were made consolidated subsidiaries. In the second quarter, the Company made 株式会社オフィックス, which sells office furniture centered on high-performance work chairs and designs and constructs office spaces, a consolidated subsidiary. In the third quarter, the Company acquired shares in InSight Systems Holdings Pty Ltd, which has a sales and installation company for commercial audio and video equipment in Australia under its umbrella, and made it and its subsidiary, InSight Systems Unit Trust, consolidated subsidiaries.」
Under a policy of making M&A the core of its growth strategy, the Company made subsidiaries in multiple new business areas and regions, including video production, office spaces and sales and installation operations in Australia. - FY2025-H1AdvancedAnnual report
「Based on this policy, in the first quarter the Company made CH Holdings Co., Ltd., which owns 9 video production companies including Elroy Co., Ltd., a subsidiary and began providing video production services. In the second quarter, it made Offix Co., Ltd., which sells office furniture centered on high-function work chairs and designs and installs office spaces, a subsidiary.」
Under a policy of using M&A as a means of pursuing growth, the Company successively made CHホールディングス and オフィックス subsidiaries, expanding into the new business areas of video production and office spaces. - FY2024-Q3AdvancedAnnual report
「Based on this policy, in the third quarter the Company made NGCI Co., Ltd., which provides video solutions using ICT, a consolidated subsidiary.」
Under its policy of using M&A as a means of growth, the Company made NGCI Co., Ltd., a video solutions company using ICT, a subsidiary with a 100.0% voting rights ratio on 1 December 2023. - FY2023-Q3AdvancedAnnual report
「Based on this policy, in the third quarter the Company made Cerevo Co., Ltd., which has strengths in IoT (connected) technology and hardware and software development capabilities, a consolidated subsidiary.」
Under its policy of making M&A the core of its growth strategy, the Company made Cerevo, which has IoT technology and development capabilities, a consolidated subsidiary. - FY2023-Q2SoftenedAnnual report
「At a meeting of the Board of Directors held on 24 February 2022, the Company resolved to acquire additional shares in Hibino Deutschland GmbH through a capital subscription conducted via its consolidated subsidiary Hibino Europe B.V. and make Hibino Deutschland GmbH a subsidiary. The company changed its corporate name from AV-X GmbH on 1 April 2022. As administrative procedures and other matters have taken longer than initially expected, the subscription payment made on 1 July 2022 has been temporarily cancelled. The Company expects to make Hibino Deutschland GmbH a subsidiary during the fiscal year ending March 2023.」
Regarding the additional acquisition of AV-X GmbH and its conversion into a subsidiary, the subscription payment initially made was temporarily cancelled, and the timing of the conversion into a subsidiary has been pushed back to the fiscal year ending March 2023. - FY2023-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 24 February 2022, the Company resolved to acquire additional shares in AV-X GmbH through a capital subscription conducted via its consolidated subsidiary Hibino Europe B.V. and make AV-X GmbH a subsidiary. The subscription payment was made on 1 July 2022.」
Under its policy of using M&A as a means of growth, the Company acquired additional shares in European company AV-X GmbH through a capital subscription and made it a subsidiary on 1 July 2022. The voting rights ratio changed from 27.8% to 61.0%. - FY2020AdvancedAnnual report
「When conducting M&A, the Group conducts detailed due diligence on the target company’s financial, legal and business matters, makes management decisions after examining risks and analyzing normalized earnings power. Following M&A, it conducts follow-up activities to realize synergies, checks monthly whether performance has diverged significantly from the initial plan, and reports the results to management meetings.」
In addition to its policy of making M&A the key to its growth strategy, the Company specified a management process comprising pre-acquisition due diligence, post-acquisition monthly performance reviews and synergy follow-up. It also states that revenue increased by approximately ¥8 billion year on year as a result of M&A in the fiscal years ended March 2019 and March 2020. - FY2020-Q3AdvancedAnnual report
「The purpose of making the company a consolidated subsidiary this time is to acquire talented engineers in preparation for future expansion of the MICE market and strengthen its ability to provide large-scale video services.」
Under its policy of making M&A the core of its growth strategy, the Company made Sigma Eizo Co., Ltd. a wholly owned subsidiary, adding a specific transaction to strengthen its ability to address the MICE market. - FY2020-Q1AdvancedAnnual report
「In the first quarter, the Company made Japan Environmental Amenity Co., Ltd. (formerly Nippon Sheet Glass Environmental Amenity Co., Ltd.) a consolidated subsidiary. The company has strengths in architectural acoustics for halls and studios, soundproofing for commercial and business facilities, and noise control for railways and roads.」
Under its policy of making M&A the core of its growth strategy, the Company made Japan Environmental Amenity Co., Ltd., which has strengths in architectural acoustics and soundproofing, a consolidated subsidiary. - FY2019AdvancedAnnual report
「In the third quarter, the Company made Techno House Co., Ltd., which imports and sells professional video equipment, among other businesses, a consolidated subsidiary. In the fourth quarter, it made the 3 companies Sama Sound Inc., Sama D&I Co., Ltd. and Sama CDS Inc., which import and sell professional audio equipment in South Korea, and TLS PRODUCTIONS, INC., which provides lighting and audio services in the United States, consolidated subsidiaries.」
Under its policy of making M&A the key to its growth strategy, the Company confirmed its full-year results of making Techno House, the 3 companies of the Sama Sound Group and TLS PRODUCTIONS consolidated subsidiaries. - FY2019-Q3AdvancedAnnual report
「Under these circumstances, the Group, comprising the Company and 15 consolidated subsidiaries, launched the medium-term management plan “Vision 2020” (fiscal years ending March 2019 to March 2021) and is pursuing various measures based on its management priorities: capturing demand related to the Tokyo Olympics and Paralympics, maintaining its industry-leading position and increasing market share, strengthening its manufacturing businesses, expanding its global operations, and developing new businesses. In the third quarter, the Company made Techno House Co., Ltd., which imports and sells professional video equipment, among other businesses, a consolidated subsidiary.」
Under its policy of making M&A the core of and key to its growth strategy, the Company made Techno House a consolidated subsidiary and completed the acquisition of shares in the 3 companies of the Sama Sound Group on 31 January 2019. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 24 October 2018, the Company resolved to enter into a basic agreement with the shareholders of Sama Sound Inc., Sama D&I Co., Ltd. and Sama CDS Inc., which operate an audio equipment sales business in South Korea, regarding the acquisition of part of the shares in the three companies and making them subsidiaries. The basic agreement was executed on the same date.」
Under its policy of making M&A the core of its growth strategy, the Company entered into a basic agreement regarding the acquisition of shares in and making subsidiaries of 3 South Korean audio equipment sales companies, and proceeded to consider the specific acquisition. - FY2018RaisedAnnual report
「To strengthen existing business areas and create new growth opportunities, we will make M&A the key to our growth strategy and address five management priorities: capturing demand related to the Tokyo Olympics and Paralympics, maintaining our industry-leading position and increasing market share, strengthening our manufacturing businesses, expanding our global operations, and developing new businesses.」
The Company has continued under the new medium-term plan to position M&A at the core of and as the key to its growth strategy, and has broadened its scope by stating its policy of pursuing M&A involving overseas peers as well. - FY2017RestatedAnnual report
「The Company positioned M&A at the core of its growth strategy. In the first quarter, it acquired Electori Co., Ltd., which holds the exclusive import agency rights for leading brands of professional control equipment and high-end consumer audio equipment. In the third quarter, it acquired additional shares in JVC Kenwood Arcs Co., Ltd., an equity-method affiliate engaged in system design and installation for professional audio and video equipment, and made it a consolidated subsidiary.」
Under its policy of making M&A the core of its growth strategy, the Company reconfirmed the full-year results of making Electori and JVC Kenwood Arcs subsidiaries. - FY2017-Q3AdvancedAnnual report
「Under the medium-term management plan “Vision 300,” the Company positioned M&A at the core of its growth strategy. In the first quarter, it acquired Electori Co., Ltd., which holds the exclusive import agency rights for leading brands of professional control equipment and high-end consumer audio equipment. In the third quarter, it acquired additional shares in JVC Kenwood Arcs Co., Ltd., an equity-method affiliate engaged in system design and installation for professional audio and video equipment, and made it a consolidated subsidiary.」
The Company explicitly states that, under its policy of making M&A the core of its growth strategy, it made JVC Kenwood Arcs a consolidated subsidiary during the year, following Electori. - FY2017-Q2AdvancedAnnual report
「The purpose of making JVC Kenwood Arcs Co., Ltd. a consolidated subsidiary this time is to further advance the initiatives undertaken to date, create new order opportunities by coordinating with Group companies engaged in engineering operations, and enhance the corporate value of both the Group and JVC Kenwood Arcs Co., Ltd.」
Under its policy of making M&A the core of its growth strategy, the Company resolved to acquire additional shares in an equity-method affiliate and make it a subsidiary, and is proceeding with the transaction. - FY2017-Q1First statedAnnual report
「Under the medium-term management plan “Vision 300,” the Company positioned M&A at the core of its growth strategy.」
Under the medium-term management plan, the Company explicitly identified M&A as a key means of growth.