Entry into the Office Furniture and Space Design and Construction Businesses through the Acquisition of 株式会社オフィックス as a Subsidiary
First written in FY2025-H1. 1 of 2 entries say "Achieved", first in FY2025-H1. Latest entry: FY2025.
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- FY2025AdvancedAnnual report
「From the current consolidated fiscal year, the Company added the "Other businesses" reporting segment upon acquiring shares of 株式会社オフィックス and including it within the scope of consolidation.」
Through the acquisition of オフィックス as a subsidiary, the Company made office furniture and office space design and construction a reporting segment under "Other businesses" and incorporated the new area into its business portfolio. - FY2025-H1AchievedAnnual report
「The four-year medium-term management plan Vision 2025, which began in the fiscal year ending March 2023, identifies "advancing honeycomb-style management through challenges in new fields" as one of its growth strategies. Our policy is to build a business portfolio resilient to changes in the external environment by actively taking on challenges in new fields that differ entirely from our traditional audio and video businesses, while also leveraging M&A. This acquisition of a subsidiary is part of our efforts in new fields.」
The Company acquired shares of オフィックス on 1 August 2024, making it a subsidiary with a 90.0% voting interest and an acquisition cost of ¥244 million. It entered the new area of office furniture sales, including high-performance work chairs, office space design and construction, and interior construction, distinct from its traditional sound and video businesses.