Entry into a New Business Field

「In April of the same year, the Group established the joint venture PT TOKAICOM Mitra Indonesia together with PT Sisnet Mitra Sejahtera, which provides IT-related services in Indonesia, to develop and expand cloud service-related and cloud workforce training businesses in the Republic of Indonesia. It began full-scale operations in September.」

「In June, the Group acquired shares of 株式会社ウッドリサイクル (Gero, Gifu Prefecture), which operates an industrial waste treatment and wood-chip manufacturing business, and made it a consolidated subsidiary. In October, it acquired shares of ジェイ・サポート (Chuo Ward, Fukuoka City), which develops, sells and maintains packaged software for the logistics and warehousing industries, and 沖縄ケーブルネットワーク株式会社 (Naha, Okinawa Prefecture), which operates a CATV business, making both consolidated subsidiaries. These initiatives produced steady progress in expanding the business base.」

「Topics during the cumulative third-quarter period included the establishment in April 2021 of 株式会社ＴＯＫＡＩベンチャーキャピタル＆インキュベーション (Shizuoka City, Shizuoka Prefecture). … In the same month, the Group also acquired shares of 株式会社マルコオ・ポーロ化工 (Toyota, Aichi Prefecture), which operates a large-scale renovation business for condominiums and other buildings in the construction, facilities and real estate business, and 株式会社クエリ (Toshima Ward, Tokyo), which operates a systems development business in the information and communications business, making both consolidated subsidiaries.」

「In the construction, facilities and real estate business, the Group acquired shares of 中央電機工事株式会社 (Nagoya, Aichi Prefecture), an electrical contractor, in August and 株式会社イノウエテクニカ (Numazu, Shizuoka Prefecture), which operates a building maintenance business, in November, making both consolidated subsidiaries. Going forward, the Group will continue to enter new areas and expand its business fields, thereby expanding its operations.」

「In the construction and real estate business, the Group made 日産工業株式会社 (Gero, Gifu Prefecture) a consolidated subsidiary in September 2019. The company has strengths in public civil engineering projects, and the Group began working to expand its general construction business in the Chukyo region, starting with this company.」

「During the cumulative second-quarter period of the second year of the medium-term management plan, Innovation Plan 2020 “JUMP,” the Group continued to work on expanding its business base through regional expansion of existing businesses, M&A and entry into new businesses. In September 2018, the Group made ㈱サイズ, which provides self-developed survey systems mainly in the online research field, a new consolidated subsidiary.」

「The Group is pursuing its growth strategy, including increasing customers with ongoing business relationships, diversifying transactions based on the TLC (Total Life Concierge; the same applies below) concept, expanding sales channels through regional expansion, pursuing M&A and entering new business fields.」

「The Group plans to achieve the targets through entry into new business fields and other initiatives, and has begun working toward this goal.」