Expansion into Non-Residential Construction Fields Through the Establishment of an Engineering Business
First written in FY2021-Q2. 15 of 16 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In addition to the completion of large-scale projects and other factors, the results of 弓田建設 Co., Ltd., which became a subsidiary in October 2024, contributed to revenue of ¥14,190 million, up 48.7% year on year, and operating profit of ¥1,152 million, up 159.4% year on year, in this business.」
The effects of making 弓田建設 a subsidiary were reflected in the full-year results, resulting in substantial increases in revenue and profit in the Engineering business. - 2026-05-08AdvancedEarnings
「In addition to the completion of large-scale projects and other factors, the results of 弓田建設 Co., Ltd., which became a subsidiary in October 2024, contributed to revenue of ¥14,190 million, up 48.7% year on year, and operating profit of ¥1,152 million, up 159.4% year on year, in this business.」
エンジニアリング事業では、弓田建設の子会社化効果等が通期業績に反映され、増収増益の実績が確認された。 - FY2026-H1AdvancedAnnual report
「In addition to the completion of large-scale projects and other factors, the results of 弓田建設 Co., Ltd., which became a subsidiary in October 2024, contributed to revenue of ¥6,790 million, up 48.0% year on year, and operating profit of ¥515 million, up 39.2% year on year, in this business.」
The effects of making 弓田建設 a subsidiary were reflected in the interim results, resulting in higher revenue and profit in the Engineering business. - FY2025AdvancedAnnual report
「Revenue in this business was ¥9,541 million, up 15.5% year on year, owing to the contribution from the results of 弓田建設 Co., Ltd., which became a subsidiary in October 2024.」
The effects of acquiring the 弓田建設 group were reflected in the Engineering business's results, and revenue increased 15.5%. Operating profit, however, declined due to M&A-related expenses and other factors. - FY2025-H1AdvancedAnnual report
「As a Group, we will welcome 弓田建設 and its 2 subsidiaries into the Group, expand the nationwide network of the engineering business into the Tohoku region, and strengthen our initiatives in the non-residential sector, thereby seeking to further enhance corporate value and achieve sustainable growth.」
The acquisition of 弓田建設 and its 2 subsidiaries expanded the Engineering business's nationwide network into the Tohoku region and implemented a specific M&A transaction to strengthen the non-residential sector. The acquisition date was 25 October 2024. - FY2024AdvancedAnnual report
「The results of 日本調査㈱ and 芳賀屋建設㈱, which became subsidiaries in the previous fiscal year, contributed to results, while construction sales at existing subsidiaries remained firm. As a result, sales in this business were ¥8,258 million, up 46.3% from the previous fiscal year, and operating profit was ¥833 million, up 133.7%.」
The full-year results reflected the effects of making 日本調査 Co., Ltd. and 芳賀屋建設 Co., Ltd. subsidiaries, as well as construction revenue from existing subsidiaries, resulting in substantial increases in revenue and profit in the Engineering business. - FY2024-Q3AdvancedAnnual report
「The results of 日本調査㈱ and 芳賀屋建設㈱, which became subsidiaries in the previous fiscal year, contributed to results, while construction sales at existing subsidiaries remained firm. As a result, sales in this business were ¥6,211 million, up 76.7% year on year, and operating profit was ¥597 million, up 403.5% year on year.」
The benefits of converting 日本調査㈱ and 芳賀屋建設㈱ into subsidiaries and firm construction sales at existing subsidiaries were reflected in results, resulting in a substantial increase in sales and profit in the Engineering Business. - FY2024-Q2AdvancedAnnual report
「The results of 日本調査㈱ and 芳賀屋建設㈱, which became subsidiaries in the previous fiscal year, contributed to sales in this business of ¥4,593 million, up 103.0% year on year, and operating profit of ¥469 million, up 115.5% year on year.」
The benefits of converting 日本調査㈱ and 芳賀屋建設㈱ into subsidiaries were reflected in results, resulting in a substantial increase in sales and profit in the Engineering Business. - FY2023-Q3AdvancedAnnual report
「In July 2022, the Company made 日本調査㈱ a new subsidiary. The company is headquartered in Itabashi, Tokyo, and primarily diagnoses and surveys civil engineering structures such as bridges in locations from the Tohoku region to Kyushu. In October 2022, the Company made 芳賀屋建設㈱ a new subsidiary. The company is headquartered in Utsunomiya, Tochigi Prefecture, and undertakes building and civil engineering work. The Company worked to expand the engineering business, further pursue group synergies and achieve sustainable growth.」
Through the conversion of 日本調査㈱ and 芳賀屋建設㈱ into subsidiaries, the Engineering Business expanded its operating region to eastern Japan and incorporated bridge inspection and surveying, as well as architectural and civil engineering work. - FY2023-Q2AdvancedAnnual report
「Going forward, following the conversion of 日本調査 into a subsidiary, our group will seek to expand the Engineering Business, pursue greater group synergies, and work to achieve sustainable growth. Going forward, following the conversion of 芳賀屋建設 into a subsidiary, our group will seek to expand the Engineering Business in the Kanto region, pursue greater group synergies, and work to achieve sustainable growth.」
Following the acquisition of 日本調査, 芳賀屋建設 was also converted into a subsidiary, expanding the target region for Engineering Business growth to the Kanto region. The results of 日本調査 were scheduled to be incorporated into consolidated results from the third quarter. - FY2023-Q1AdvancedAnnual report
「Going forward, following the conversion of 日本調査 into a subsidiary, our group will seek to expand the Engineering Business, pursue greater group synergies, and work to achieve sustainable growth.」
日本調査, a construction consulting company, was acquired in full on 7 July 2022, marking concrete progress toward expanding the Engineering Business and pursuing group synergies. - FY2022-Q3AdvancedAnnual report
「The results of ㈱IM Tech and 長豊建設㈱, which became subsidiaries in July 2020, contributed to sales in this business of ¥4,936 million, up 163.2% year on year, and operating profit of ¥451 million, compared with an operating loss of ¥1 million in the same period of the previous year.」
As the results of IM Tech and 長豊建設 were increasingly incorporated, the Engineering Business generated a substantial increase in sales and turned from an operating loss to operating profit of ¥451 million. - FY2022-Q2AdvancedAnnual report
「Reflecting the contribution from the results of ㈱アイエムテック and 長豊建設㈱, which became subsidiaries in July 2020, revenue from this business was ¥2,967 million, up 557.8% year on year, and operating profit was ¥179 million, compared with an operating loss of ¥113 million in the same period of the previous year.」
In the Engineering Business, the results of IM Tech and 長豊建設 were increasingly incorporated, resulting in sales of ¥2,967 million and operating profit of ¥179 million. - FY2022-Q1AdvancedAnnual report
「Reflecting the contribution from the results of ㈱アイエムテック and 長豊建設㈱, which became subsidiaries in July 2020, revenue from this business was ¥1,409 million, up 697.8% year on year, and operating profit was ¥155 million, up 652.0%.」
In the newly established Engineering Business, the results of IM Tech and 長豊建設 were increasingly incorporated, resulting in a 697.8% year-on-year increase in sales and a 652.0% increase in profit. - FY2021-Q3AdvancedAnnual report
「In July 2020, we newly converted ㈱IM Tech and 長豊建設㈱ into subsidiaries and worked to strengthen non-housing fields in the Chugoku and Chubu regions, which are less affected by changes in housing demand. As a result, sales in this business, to which the 2 subsidiaries contributed, were ¥1,875 million, up 97.8% year on year. Operating profit was a loss of ¥1 million, compared with operating profit of ¥55 million in the same period of the previous year, due to M&A-related expenses.」
The Engineering Business began incorporating the results of the 2 subsidiaries from the third quarter, resulting in a 97.8% year-on-year increase in sales. Meanwhile, M&A-related expenses resulted in an operating loss of ¥1 million. - FY2021-Q2First statedAnnual report
「During the consolidated accounting period ended [the current second quarter], following the establishment of the Engineering Division, ㈱IM Tech, 長豊建設㈱ and DS TOKAI㈱, which had been classified under the “Other” segment, were grouped into a new reportable segment, the “Engineering Business.” The Engineering Business engages in construction and related work, including construction of commercial facilities and other structures, civil engineering work for public projects, and interior construction for condominiums and office buildings. It also includes the nursing care business, which provides services such as rental housing exclusively for older people and is operated by group companies comprising the Engineering Business.」
The newly established Engineering Business consolidated commercial facility construction, public-sector civil engineering, interior construction for condominiums and office buildings, and the nursing care business, and explicitly established a new reportable segment for non-housing fields other than building materials and processing.