Growing M&A Demand for Business Succession, Carve-Outs and Other Transactions
First written in FY2025-H1. 2 of 5 entries say "Restated". Latest entry: 2026-08-14.
1 other company's latest entry also says "Other".
- 2026-08-14OtherFinancial Results Presentation
「More than half of the medium-sized companies that ceased operations in 2023 (1) were profitable in terms of net income (2).」
The Company added market data on profitable companies ceasing operations, presenting another measure of the market opportunity for business succession M&A. - FY2026-H1RestatedAnnual report
「The business-succession problem facing small and mid-sized companies, driven by the aging of business owners, is becoming more serious each year. The Small and Mid-sized M&A Guidelines published by the Ministry of Economy, Trade and Industry also identify business succession as a major issue for Japan and set out a policy of promoting M&A. We expect business-succession M&A to increase further with additional government support.」
The company has reiterated its outlook for an increase in business-succession M&A driven by the aging of business owners and the government's policy of promoting M&A. - 2026-05-15RestatedEarnings
「The Ministry of Economy, Trade and Industry's Small and Medium Enterprise M&A Guidelines also recognize business succession as a major issue in Japan and set out a policy of promoting M&A. We expect business succession M&A to increase further as a result of additional government support.」
The Company reiterated its outlook for growth in business succession M&A and policy support. - FY2025Quantification of the potential target poolAnnual report
「Of Japan's 3.36 million small and mid-sized companies (Note 1), 120,000 are profitable small and mid-sized manufacturers (Note 2). We believe the pool of potential acquisition targets is sufficiently large for us as a serial acquirer specializing in manufacturing.」
The company quantified the potential pool for business-succession M&A as 120,000 profitable small and mid-sized manufacturers, providing a concrete measure of the market opportunity. - FY2025-H1First statedAnnual report
「The business-succession problem facing small and mid-sized companies, driven by the aging of business owners, is becoming more serious each year. The Small and Mid-sized M&A Guidelines published by the Ministry of Economy, Trade and Industry also identify business succession as a major issue for Japan and set out a policy of promoting M&A. We expect business-succession M&A to increase further with additional government support. Carve-outs driven by capital-efficiency initiatives at large companies, consideration of privatization by mid-sized listed companies, and M&A considered by owners of private companies as a means of further development are also trending upward.」
The company describes a market environment in which business-succession M&A is expected to increase with government support, while carve-outs, privatizations of listed companies, and M&A as a development strategy for owner-managed companies are also increasing.