Establishing New Earnings Bases Through Adjacent and New Businesses
First written in FY2016. 19 of 29 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
8 other companies' latest entry also says "Other".
- FY2026The mobile communications business moves into a full-year lossAnnual report
「Revenue was ¥12,954.048 million, up 9.0% year on year, while the segment recorded a loss of ¥360.034 million, compared with segment profit of ¥858.636 million in the previous fiscal year.」
In the mobile communications business, which supports diversification of the earnings base, revenue increased, but the business moved from segment profit in the previous fiscal year to a full-year loss of ¥360.034 million. - FY2026-H1Adjacent Businesses Turned Loss-MakingAnnual report
「On a profit basis, the gross margin deteriorated because the number of new line contracts acquired fell short of plan, resulting in a segment loss of ¥186.022 million, compared with segment profit of ¥412.110 million in the same period of the previous fiscal year.」
In the mobile communications business, which supports diversification of the earnings base, revenue increased, but the business moved from profit in the same period of the previous fiscal year to a loss, indicating deteriorating profitability in peripheral businesses. - FY2025-H1AdvancedAnnual report
「As a result of these initiatives, revenue was ¥11,475.470 million, up 34.6% year on year; operating profit was ¥249.349 million, compared with an operating loss of ¥41.478 million in the same period of the previous fiscal year; ordinary profit was ¥313.485 million, compared with an ordinary loss of ¥282.205 million; and interim profit attributable to owners of the parent was ¥153.638 million, compared with an interim loss of ¥627.102 million.」
The earnings base spanning the online reuse, media and mobile communications businesses turned profitable in the interim period from operating, ordinary and net losses in the same period of the previous fiscal year. - FY2024AdvancedAnnual report
「As a result of these initiatives, revenue for the fiscal year was ¥19,008.339 million, up 24.6% year on year, and operating profit was ¥298.759 million, up 215.7%.」
Progress in the earnings base spanning the online reuse, media and mobile communications businesses was reflected in higher consolidated revenue and operating profit. - FY2023AdvancedAnnual report
「As a result of these business initiatives, consolidated revenue for the fiscal year was ¥15,257.617 million, up 27.3% year on year; operating profit was ¥94.645 million, compared with an operating loss of ¥319.357 million in the previous fiscal year; ordinary profit was ¥278.540 million, compared with an ordinary loss of ¥328.082 million; and profit attributable to owners of the parent was ¥290.400 million, compared with a loss of ¥404.185 million.」
The full-year results demonstrate that diversification of the earnings base through multiple businesses led to higher consolidated revenue and a return to operating, ordinary and net profitability. - FY2023-Q3AdvancedAnnual report
「These business initiatives proved successful and diversified the earnings base, resulting in revenue of ¥574.196 million, up 38.1% year on year, and segment profit of ¥330.132 million, up 38.0%.」
The earnings base of the media business has become more diversified, as reflected in increases in revenue and segment profit. - FY2023-Q2RestatedAnnual report
「In the current fiscal year, the interim year of the plan (fiscal year ending June 2023), the company plans to continue investing to build a medium-term earnings base, as it did in the previous fiscal year, while expanding sales and improving profitability.」
The company has reaffirmed its policy of continuing to invest in building a medium-term earnings base while diversifying its businesses and expanding its earnings base. - FY2023-Q1RestatedAnnual report
「In recent years, the company has entered the agricultural machinery field based on the knowledge and expertise cultivated through these businesses, and has worked to diversify its operations by leveraging synergies with existing businesses, including developing an agricultural machinery export business in addition to its domestic operations.」
The company has reaffirmed its policy of diversifying its earnings base by developing businesses such as agricultural machinery and exports through synergies with its existing businesses. - FY2022-Q3AdvancedAnnual report
「Going forward, the Company will accelerate expansion in the agricultural machinery field by leveraging its extensive transaction channels with domestic corporations in purchasing and sales, which are strengths of the business.」
In the agricultural machinery field, the company plans to accelerate the expansion of its earnings base by leveraging transaction channels with domestic corporations obtained through the transfer of a business. - FY2022-Q2RestatedAnnual report
「During the six-month period ended the second quarter, the Group implemented measures for medium-term growth, centered on its core online reuse business.」
The Company continues its policy of pursuing medium-term growth and diversifying its earnings foundations through investments in marketing, new locations in the agricultural machinery field, recruitment and systems, centered on its core business. - FY2021RestatedAnnual report
「On 13 August 2021, the Group announced a three-year medium-term management plan covering the fiscal years from June 2022 through June 2024.」
The Company continues to diversify its earnings foundations by re-expanding existing businesses and establishing stable earnings foundations in media and mobile communications. - FY2021-Q3RestatedAnnual report
「We are also working to diversify our business by leveraging synergies with existing businesses, including by moving into full-scale operations in “Oikura” and the cross-border e-commerce field for agricultural machinery, meaning international electronic commerce conducted through websites for overseas customers.」
The Company continues to diversify its earnings foundations through adjacent and new businesses and to leverage synergies with existing businesses. - FY2021-Q2AdvancedAnnual report
「The Oikura reuse platform, whose members include recycling shops nationwide, has continued developing its systems to improve matching accuracy. Since July 2020, it has also begun full-scale referrals to member shops for purchase requests that are difficult for the Group to handle, increasing referral revenue.」
For Oikura, the Company described progress in monetization through increased referral revenue as a result of continued system development and full-scale referrals. - FY2021-Q1AdvancedAnnual report
「The Company is working to diversify its businesses by leveraging synergies with existing businesses, including Oikura, a reuse platform acquired through M&A in recent years, and by moving into full-scale operations in agricultural machinery exports.」
For Oikura, acquired through M&A, and the agricultural machinery export business, the Company is pursuing diversification by leveraging synergies with existing businesses and moving toward full-scale agricultural machinery exports. - FY2020AdvancedAnnual report
「The Company made active investments to support further growth, including establishing a subsidiary in Vietnam in May 2020 as an offshore development base to strengthen IT development capabilities, and acquiring agricultural machinery-related businesses through 2 newly established consolidated subsidiaries.」
To expand its new earnings foundations, the Company established a subsidiary in Vietnam, ME Trading and UMM, and proceeded to acquire an agricultural machinery-related business. - FY2020-Q2RestatedAnnual report
「As a result, during the six-month period ended the second quarter, net sales were ¥5,179.239 million, up 35.1% year on year; operating profit was ¥309.012 million, up 105.1%; ordinary profit was ¥308.285 million, up 106.1%; and profit attributable to owners of the parent was ¥167.557 million, up 151.4%. Results continued to grow despite ongoing upfront investments to generate future earnings, including creating synergies among businesses and recruiting highly skilled personnel.」
The Company explains that results grew while it continued upfront investments in creating synergies among businesses and recruiting highly skilled personnel. - FY2020-Q1AdvancedAnnual report
「The Group designated the fiscal years ended June 2017 and June 2018 as a period of strategic investment for medium- to long-term growth and invested actively in various fields. By the end of the previous fiscal year, the fiscal year ended June 2019, these investments had paid off and new and ancillary businesses had moved onto a profitable trajectory.」
The Company explains that past strategic investments have paid off and new and ancillary businesses have moved onto a profitable trajectory, marking progress toward establishing new earnings foundations. - FY2019AdvancedAnnual report
「The investment paid off, and services newly created from the beginning of the fiscal year began contributing to earnings during the period. These included expanding the scale of handling highly specialized products such as agricultural machinery and medical equipment, monetizing the owned media business and expanding communications services operated by the subsidiary 株式会社ＭＥモバイル.」
The Company explains that, following prior investments, new and adjacent services such as specialized products, owned media and communications services advanced to the stage of contributing to earnings in the current fiscal year and achieved growth exceeding initial expectations. - FY2019-Q3AdvancedAnnual report
「The Oikura business, acquired through an absorption-type company split in February 2019, operates one of Japan's largest websites, a media platform matching consumers with reuse shops nationwide and enabling them to compare purchase prices for unwanted goods in one place. The Company continues to invest in the business to generate synergies with existing services and earn revenue in the future.」
As an initiative to establish a new earnings foundation, the Company acquired the Oikura business through an absorption-type company split and continues to invest in creating synergies with existing services and generating future revenue. - FY2019-Q2AdvancedAnnual report
「The investment paid off, and services newly created from the beginning of the fiscal year began contributing to earnings during the period. These included expanding the purchasing area through 2 new locations opened in the previous fiscal year, in West Tokyo and Sapporo; entering highly specialized product categories such as agricultural machinery and medical equipment; monetizing owned media; and expanding the communications business operated by the subsidiary 株式会社ＭＥモバイル.」
Services newly created through prior investments have advanced to the stage of contributing to earnings, and the diversification of earnings foundations through locations, specialized products, owned media and communications is progressing. - FY2019-Q1RestatedAnnual report
「In addition, the agricultural-machinery and communications businesses, which began contributing to earnings from the third quarter of the previous consolidated fiscal year following the success of earlier investments, continued to grow steadily during the first quarter under review.」
The Company reaffirmed that the agricultural machinery and communications businesses continue to contribute to earnings as part of the diversification of its earnings foundations through adjacent and new businesses. - FY2018AdvancedAnnual report
「Going forward, the Company considers it essential to bring these initiatives to fruition, improve the profitability of existing businesses and diversify its earnings foundations through new services in order to achieve a further growth curve.」
After expanding into communications and home-delivery rentals, the Company identified improving the profitability of existing businesses and turning new services into diversified earnings foundations as its next challenges. - FY2018-Q3AdvancedAnnual report
「At 株式会社ＭＥモバイル, a subsidiary established in the previous fiscal year, prior investments have paid off, and performance has grown to the point where the development and expanded sales of new products are contributing to consolidated results.」
The Company explains that 株式会社ＭＥモバイル, one of its new earnings foundations, has advanced to the stage of contributing to consolidated results through new product development and expanded sales after prior investments paid off. - FY2018-Q2AdvancedAnnual report
「Creation of adjacent businesses leveraging the expertise of the online reuse business: commencement of a home-delivery rental service」
The Company launched a home-delivery rental service as an adjacent business leveraging the expertise of its online reuse business. The full-scale development of its used agricultural machinery business also represents an expansion of its new earnings foundations. - FY2017AdvancedAnnual report
「Specifically: expansion of personnel and facilities, including the opening of the Tokushima Contact Center to handle the increase in purchase requests; expansion of product categories, including the commencement of handling agricultural machinery using the existing purchasing infrastructure; and the launch of new services, including a home-delivery rental service leveraging expertise in handling a diverse range of product categories and an MVNO (mobile virtual network operator) service leveraging its track record in purchasing used smartphones.」
The Company organized the Tokushima Contact Center, agricultural machinery, home-delivery rentals and its MVNO service as specific measures to establish new earnings foundations and proceeded through to the launch of these services. - FY2017-Q3AdvancedAnnual report
「During the third quarter, the Company began handling agricultural machinery as a new product category. It also pursued various initiatives to establish new earnings foundations, including entering an Internet-focused comprehensive rental business by leveraging the expertise developed in its online reuse business.」
In addition to handling agricultural machinery, the Company entered an Internet-focused comprehensive rental business using the expertise of its online reuse business, thereby specifying initiatives to establish new earnings foundations. - FY2017-Q2AdvancedAnnual report
「Specifically, during the six-month period ended the second quarter, the Company pursued the following: creation of new earnings foundations by leveraging its accumulated expertise; expansion of personnel and facilities for the newly launched MVNO (mobile virtual network operator) business; and commencement of the handling of agricultural machinery, a product category with virtually no established competitors.」
For its new earnings foundations, the Company expanded personnel and facilities for the MVNO business and began handling agricultural machinery. - FY2017-Q1AdvancedAnnual report
「The Company expanded personnel and facilities at the Tokushima Contact Center, opened at the end of the previous fiscal year to conduct preliminary appraisals for purchases, and in its newly launched MVNO (mobile virtual network operator) business.」
As part of the development of adjacent and new businesses, the Company launched its MVNO business and expanded personnel and facilities. - FY2016First statedAnnual report
「The Company considers it essential to establish second and third growth drivers beyond the online reuse business by creating adjacent and new businesses in order to achieve a further growth curve.」
In addition to the existing online reuse business, the Company has identified the creation of adjacent and new businesses, particularly subscription-based business models, as growth drivers.