M&A prompted by business succession issues as the third growth engine
First written in FY2016. 6 of 10 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2026-H1.
2 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「We also regard group integration through M&A as an important strategy. On 1 July 2025, we made 株式会社メモリアジャパン, which operates 3 funeral halls mainly in Sapporo, Hokkaido, and its affiliated company a subsidiary. The company is now named ティア北海道.」
In line with the policy of using M&A as a growth strategy, the Company made メモリアジャパン and its affiliates subsidiaries effective 1 July 2025, thereby forming a group in the Hokkaido region. - 2026-05-14AdvancedResults
「We also regard group integration through M&A as an important strategy. On 1 July 2025, we made 株式会社メモリアジャパン, which operates 3 funeral halls mainly in Sapporo, Hokkaido, and its affiliated company a subsidiary. The company is now named ティア北海道.」
As a specific step in group integration through M&A, メモリアジャパン and its affiliated company were made subsidiaries and added to the consolidated Group as ティア北海道. - FY2025-H1RestatedAnnual report
「The Group positions forming a group through M&A as an important strategy and, effective 20 November 2023, made 株式会社八光殿, which operates funeral halls mainly in Yao, Osaka Prefecture, and 株式会社東海典礼, which operates funeral halls mainly in Toyokawa, Aichi Prefecture, subsidiaries.」
Continued to disclose the policy of positioning group formation through M&A as an important strategy and making 八光殿 and 東海典礼 subsidiaries. - FY2024-Q2AdvancedAnnual report
「By making 2 core funeral service companies and their affiliates subsidiaries, the Company included them in the scope of consolidated operating results from the second quarter of the current consolidated fiscal year, and is developing a structure to advance the management integration process as a listed-company group and generate synergies.」
In line with the policy of using M&A as a growth strategy, the Company included the 2 acquired core funeral service companies and their affiliates in consolidated operating results and progressed to the integration and synergy-generation phase. - FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 24 October 2023, the Company resolved to acquire all shares of 株式会社ＮＳＳＫ－ＶＶ３ and 株式会社ＮＳＳＫ－Ｖ３, which own the core company 株式会社八光殿 and other affiliates, and 株式会社ＮＳＳＫ－ＴＴ, which owns the core company 株式会社東海典礼 and other affiliates, and make them subsidiaries. The Company acquired the shares on 20 November 2023.」
In line with the policy of using M&A as a growth strategy, the Company acquired all shares of and made subsidiaries of 2 groups centred on 八光殿 and 東海典礼. - FY2019RestatedAnnual report
「With regard to M&A, we will accelerate the review process for acquisition opportunities by clarifying quantitative criteria. We will also gather information to develop a second growth market after the Chubu region.」
Continued the policy of clarifying quantitative criteria for M&A opportunities and gathering information on a second growth market. - FY2018AdvancedAnnual report
「With regard to M&A, we will accelerate the review process for acquisition opportunities by clarifying quantitative criteria. We will also gather information to develop a second growth market after the Chubu region.」
Made the policy of using M&A as a growth strategy more specific by clarifying quantitative criteria for acquisitions and exploring a second growth market. - FY2017RestatedAnnual report
「We will regard this situation as an opportunity and develop our internal structure so that M&A can become our third growth engine.」
Continued the policy of making M&A the third growth engine in response to business succession issues. The acquisition of 愛共 as a subsidiary had already been disclosed separately as an executed transaction. - FY2017-Q3AdvancedAnnual report
「During the third quarter of the current consolidated fiscal year, the Company acquired all shares of 株式会社愛共, which provides embalming and cosmetic preparation services, and made it a subsidiary. The company had changed its corporate name from a limited company to a joint-stock company.」
In line with the policy of making M&A the third growth engine, the Company completed the acquisition of all shares of 愛共 and made it a subsidiary. The acquisition cost was ¥18 million and the acquisition date was 16 May 2017. - FY2016First statedAnnual report
「We will regard this situation as an opportunity and develop our internal structure so that M&A can become our third growth engine.」
First disclosed the policy of positioning M&A as a growth strategy against the backdrop of ageing founders and business succession issues in the funeral services industry.