Sale of Subsidiaries as Part of a Business Portfolio Review
First written in FY2024-Q2. 8 of 12 entries say "Advanced", first in FY2024. Latest entry: 2026-10-14.
0 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「We decided to proceed with this transfer after determining that optimizing our business portfolio in line with the group’s growth strategy, and operating the businesses under a partner with specialized expertise focused on software, would lead to further growth for the companies being transferred.」
Regarding the business portfolio review, the company carried out the transfer of the Firebrand group and other businesses, putting portfolio optimization through transfer to specialized partners into practice. - FY2025RaisedAnnual report
「Regarding growth investment, we will make business investments that enhance enterprise value and actively pursue M&A targeting ROIC of at least 15% three years after investment.」
In addition to the previous policy of using ROIC of 8% as the review threshold for business portfolio management, the company has set a higher investment return target for M&A, aiming for ROIC of at least 15% three years after investment. - FY2024AdvancedAnnual report
「We tightened operational oversight and set ROIC of 8% as the review threshold. If a business or company is expected to fall below this threshold from the third year after an acquisition, we will consider measures including pivoting the company or business, changing management, selling it or withdrawing from it.」
For business portfolio reviews, the company set an ROIC threshold of 8% and established pivoting, changing management, selling or withdrawing from a company or business as potential responses when failure to meet the threshold is expected from the third year after an acquisition. - FY2024-Q2First statedAnnual report
「Against this backdrop, during the six months ended September, the transfers of Nagisa Co., Ltd. and J Comic Terrace Co., Ltd. carried out since the fiscal year ending February 2023 became factors behind the decline in revenue as part of the review of the business portfolio.」
For the first time as a standalone theme, identifies the transfers of Nagisa and J Comic Terrace since the fiscal year ending February 2023 as factors behind lower revenue in the strategic investment business.