From Expansion Through Business Partners to More Aggressive Overseas Expansion
First written in FY2018. 8 of 18 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-04-14.
The whole theme swung hardest in 2021: 8 of 55 companies on the "Worse" side.
45 other companies' latest entry also says "Advanced".
- 2026-04-14AdvancedManagement plan
「We will also use alliances, including joint ventures and M&A, flexibly and proactively, incorporating technologies, customer bases and market opportunities that would be difficult to obtain independently, with the aim of expanding our medium- to long-term growth potential.」
Although this does not constitute overseas expansion itself, the company has explicitly identified the flexible and proactive use of alliances, including joint ventures and M&A, as a means of achieving growth, in addition to its previous descriptions of partnerships and the use of subsidiaries. - FY2025-H1AdvancedAnnual report
「In October 2022, the Company established its overseas subsidiary KEYSTONE SOLUTIONS COMPANY LIMITED to secure and develop highly skilled IT personnel and address the shortage of IT personnel in Japan. From the current interim consolidated accounting period, the company has been included in the scope of consolidation. In addition to undertaking development projects for the Company as initially planned, it is also receiving orders for projects in Vietnam. At consolidated subsidiary KEYSTONE SOLUTIONS COMPANY LIMITED, orders for ERP projects from Japanese manufacturers outside the Group are also trending upward.」
The Company states that, following its inclusion in the scope of consolidation, KEYSTONE SOLUTIONS COMPANY LIMITED has seen an upward trend in orders not only for the Company's projects but also for projects in Vietnam and ERP projects for Japanese manufacturers outside the Group. - FY2025-Q1AdvancedAnnual report
「In October 2022, the Company established its overseas subsidiary KEYSTONE SOLUTIONS COMPANY LIMITED to secure and develop highly skilled IT personnel and address the shortage of IT personnel in Japan. From the first quarter of the current consolidated fiscal year, the company has been included in the scope of consolidation. In addition to undertaking development projects for the Company as initially planned, it is also receiving orders for projects in Vietnam.」
The Company's overseas subsidiary KEYSTONE SOLUTIONS COMPANY LIMITED has been included in the scope of consolidation and is moving toward a business structure that accepts orders not only for the Company's projects but also for projects in Vietnam. - FY2024AdvancedAnnual report
「October 2022: Established overseas subsidiary KEYSTONE SOLUTIONS COMPANY LIMITED in Da Nang, Vietnam」
Regarding expansion into Vietnam to utilise overseas engineers, the establishment of an overseas subsidiary in Da Nang is also confirmed in the Company's corporate history. - FY2023-Q3AdvancedAnnual report
「During the cumulative third quarter of the fiscal year, the Company established KEYSTONE SOLUTIONS CO., LTD in Da Nang, Vietnam. As a result, as of 30 November 2022, the Company consisted of the Company and 1 subsidiary.」
Regarding the development base in Vietnam and overseas expansion, the Company established KEYSTONE SOLUTIONS CO., LTD in Da Nang and now has 1 subsidiary. - FY2022-Q3RestatedAnnual report
「While expanding its existing businesses in these solid market conditions, the Company is investing in new product development and preparing to establish a development center in Vietnam, making steady progress toward achieving the targets set out in its medium-term management plan.」
Regarding overseas expansion, the Company continues to pursue its investment policy, including preparations to establish a development base in Vietnam. - FY2022-Q2RestatedAnnual report
「While expanding its existing businesses in these solid market conditions, the Company is investing in new product development and preparing to establish a development center in Vietnam, making steady progress toward achieving the targets set out in its medium-term management plan.」
Regarding overseas expansion, the Company continues to pursue its investment policy, including preparations to establish a development base in Vietnam. - FY2021AdvancedAnnual report
「To address this issue, the Company will strengthen its development structure by increasing its workforce and developing relationships with partner companies, while also establishing a development base in Vietnam to leverage highly skilled overseas engineers and expand its development capacity.」
Regarding overseas expansion, in addition to its previously stated policy of reducing investment, the Company has presented the establishment of a development base in Vietnam to utilise overseas engineers as a specific plan. - FY2021-Q2SoftenedAnnual report
「Specifically, the Company has reviewed spending across the Company, including reducing expenses and scaling back investment in overseas businesses, and has shifted its policy to focus on domestic operations during the current fiscal year.」
Although the direction of establishing overseas bases and expanding overseas remains, the Company has specified reduced investment in its overseas business and a focus on domestic operations during the current fiscal year. - FY2021-Q1SoftenedAnnual report
「The Company has also reviewed the schedule for promoting its overseas business and changed its policy to focus on its domestic business during the current fiscal year.」
While maintaining its direction of establishing overseas bases and expanding overseas, the Company has reviewed the schedule for its overseas business during the current fiscal year and changed its policy to focus on its domestic business. - FY2020AdvancedAnnual report
「The Company plans to use these funds first for investments to ensure employee safety, maintain their health and secure stable living conditions in order to prevent the spread of COVID-19, and then for investments to expand its business, including product development investment to enhance the functions of existing products, research and development investment to expand its artificial intelligence business, human resources development investment for employee training and recruitment, and overseas investment, including establishing a base in Vietnam as set out in the medium-term management plan "Break2018."」
Regarding overseas expansion, the Company has specified the uses of overseas investment funds under its medium-term management plan, including establishing a base in Vietnam, in addition to its previous policy of pursuing more aggressive expansion. - FY2020-Q3RestatedAnnual report
「The current fiscal year is the second year of the medium-term management plan “Break 2018,” and the Company is working toward the 5 targets set out in the plan: ① “Expanding the share of existing businesses,” ② “Establishing overseas bases,” ③ “Establishing the AI business,” ④ “Improving employee skills,” and ⑤ “Becoming Japan’s leading operationally streamlined company.”」
The 5 objectives of Break 2018, including establishing overseas bases, have been retained as objectives for the second year of the plan. - FY2020-Q2RestatedAnnual report
「The current fiscal year is the second year of the medium-term management plan Break 2018, under which we are working toward five goals: ① expanding the market share of existing businesses, ② establishing overseas operations, ③ establishing the AI business, ④ improving employee skills, and ⑤ becoming Japan's leading rationalized company.」
The 5 objectives of Break 2018, including establishing overseas bases, have been retained as objectives for the second year of the plan. - FY2020-Q1RestatedAnnual report
「The current fiscal year is the second year of the medium-term management plan Break 2018, under which we are working toward five goals: ① expanding the market share of existing businesses, ② establishing overseas operations, ③ establishing the AI business, ④ improving employee skills, and ⑤ becoming Japan's leading rationalized company.」
The direction of pursuing more aggressive overseas expansion has been retained as an objective of the medium-term management plan, namely "establishing overseas bases." - FY2019-Q3RestatedAnnual report
「The current fiscal year is the first year of the medium-term management plan "Break2018," whose objectives include ① "expanding the share of existing businesses" and ② "establishing overseas bases"」
The direction of moving from expansion through business partners toward more aggressive overseas expansion has been retained as the "establishing overseas bases" objective of "Break2018." - FY2019-Q2RestatedAnnual report
「The current fiscal year is the first year of the medium-term management plan "Break 2018," whose objectives include ① "expanding the share of existing businesses" and ② "establishing overseas bases"」
The direction of moving from expansion through business partners toward more aggressive overseas expansion has been retained as the "establishing overseas bases" objective of "Break 2018." - FY2019-Q1AdvancedAnnual report
「The current fiscal year is the first year of the medium-term management plan "Break 2018," whose objectives include ① "expanding the share of existing businesses" and ② "establishing overseas bases"」
The previous direction of "more aggressive overseas expansion" has been incorporated into the new medium-term plan as the specific objective of "establishing overseas bases." - FY2018First statedAnnual report
「To mitigate risk, the Company has so far pursued sales expansion through cooperation with business partners rather than making direct investments such as establishing overseas offices, but this low-risk, low-return approach has produced few results. The Company believes that it will need to pursue more aggressive overseas expansion at some point in order to expand globally rather than remain confined to the limited Japanese market.」
With products supporting Chinese and English, the Company indicates that its previous low-risk expansion through business partners has not produced results and that more aggressive overseas expansion will be necessary in the future.