Allocation of retained earnings to growth investments, alliances and M&A
First written in FY2018. 15 of 20 entries say "Advanced", first in FY2019. Latest entry: 2026-08-13.
The whole theme swung hardest in 2024: 4 of 24 companies on the "Worse" side.
8 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「From 2025 through 2030, we will pursue cumulative M&A of 8–10 companies with local medical networks and annual sales ranging from several hundred million yen to ¥1 billion, with the aim of maximizing the profitability of the medical business and transitioning to a group direct-sales model.」
After proceeding with the acquisitions of ISM社 and ラジエンスウエア社, set out a quantified, time-bound plan to complete cumulative M&A of 8–10 medical distributors between 2025 and 2030 and transition to a direct-sales model. - FY2026-H1AdvancedAnnual report
「Going forward, we will expand nationwide using the company’s M&A as a successful model, pursue M&A of 8–10 companies by 2030, and promote the transition to a group direct-sales model and the establishment of a high-profitability structure.」
With regard to growth investment in the medical business through the acquisition of distributors, completed the acquisition of ISM社 as a subsidiary and presented a quantified, time-bound plan targeting M&A of 8–10 companies by 2030. - FY2024-Q3AdvancedAnnual report
「By establishing a capital relationship based on OGIS総研’s ownership of our shares, we will accelerate our strategic partnership within the scope outlined below, seek synergies between the resources held by both companies, and pursue business expansion.」
Advanced the existing business alliance into a capital and business alliance, putting our strategic partnership with OGIS総研 into concrete form as collaboration based on a capital relationship. - FY2023-Q2AdvancedAnnual report
「In the United States, with the aim of continuing to research the latest local developments in the AI and healthcare fields, which we view as strategic markets, build networks, and secure opportunities for business partnerships with leading U.S. companies, we decided to invest in GoAhead Ventures’ third fund, following our investment in its second fund in 2019.」
Under our capital allocation policy for growth investments and collaboration, decided to invest in GoAhead Ventures’ third fund, which targets leading US companies. - FY2022AdvancedAnnual report
「Investment aimed at creating future business opportunities and building collaborative relationships, with a view to the medium- to long-term growth potential of the femtech market and its contribution to the SDGs.」
Implemented a specific capital allocation, in the form of an investment targeting the femtech market, under the policy of directing retained earnings and other resources toward growth investments and collaboration. - FY2022-Q2RestatedAnnual report
「Across both divisions of our global business, we will continue to pursue our strategy for further growth by directing the cash generated by our solid existing businesses toward developing new solutions and actively recruiting and investing in highly capable advanced IT personnel.」
Continued the policy of directing cash generated by existing businesses toward new solution development and investment in advanced IT personnel. - FY2022-Q1AdvancedAnnual report
「Beginning in the first quarter, we brought forward our planned investment in personnel, focusing on advanced IT technologies and project management skills. Together with our existing core technologies, we will promote the horizontal rollout of solutions across business areas. In addition, this fiscal year, following Microsoft’s announcement of Windows 11 and other developments, we brought forward overseas investment, including the expansion of locations, as we expect to deepen relationships with leading global PC manufacturers in anticipation of new product development.」
Brought forward investment in advanced IT and project management personnel, and made overseas investments, including the expansion of locations, in anticipation of business with leading global PC manufacturers. - FY2021-Q2AdvancedAnnual report
「We invested in PhilPaCS, a Philippine social technology company with strengths in developing and providing platforms for the digitization of Philippine government and tax systems, known as “e-government” and “e-tax” platforms.」
In line with our capital allocation policy for growth investments and collaboration, advanced the investment in PhilPaCS from the decision stage to the implementation stage. - FY2021-Q1AdvancedAnnual report
「We decided to invest in PhilPaCS, a Philippine social technology company.」
As a specific example of collaboration and growth investment using retained earnings and other resources, decided to invest in PhilPaCS, a Philippine e-government and e-tax company. - FY2020RestatedAnnual report
「While continuing to pay stable dividends, we will prioritize allocating retained earnings to business development for future growth and strengthening our management base. In addition to growing our existing businesses, we will actively pursue potential investments and financing, including equity investments, alliances and M&A, as part of our future business development.」
Continued the policy of allocating retained earnings to growth investments, equity investments, alliances and M&A while maintaining a balance with stable dividends. - FY2020-Q3AdvancedAnnual report
「We invested in GoAhead Ventures, a fund that invests in leading US IT companies.」
In line with our capital allocation policy for growth investments and collaboration, we invested in a fund targeting leading US IT companies. - FY2020-Q2RestatedAnnual report
「We continue to pursue investment activities aimed at realizing a “win-win investment model through investment with partner companies.” We will promote our ongoing growth strategy, seeking the early realization of multiple domestic and overseas collaboration projects currently under consideration and negotiation, as well as the establishment of new business pillars.」
Continued activities targeting multiple domestic and overseas projects under a growth investment policy through collaboration and investment. - FY2020-Q1RestatedAnnual report
「We continue to pursue investment activities aimed at realizing a “win-win investment model through investment with partner companies.” We will promote our ongoing growth strategy, seeking the early realization of multiple domestic and overseas collaboration projects currently under consideration and negotiation, as well as the establishment of new business pillars.」
Continued investment activities targeting multiple domestic and overseas projects as part of a growth policy based on collaboration and investment using retained earnings and other resources. - FY2019AdvancedAnnual report
「Unlisted shares 3 ¥147.265 million Under a capital and business alliance agreement」
Made investments in 3 unlisted companies under capital and business alliance agreements, with a total acquisition cost of ¥147.265 million, and put into concrete form a policy of allocating retained earnings to growth investments and collaboration. - FY2018First statedAnnual report
「The company will prioritize allocating retained earnings to business development for future growth and strengthening its management platform. In addition to growing existing businesses, it will actively pursue potential investments and financing, including equity investments, alliances and M&A, as it develops its businesses going forward.」
Newly states a capital allocation policy of prioritizing retained earnings for growth in existing businesses, strengthening the management platform, and equity investments, alliances, M&A and other transactions.