Expanding the business through active M&A
First written in FY2020. 4 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2025.
75 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「In addition, the Company acquired shares in Nishinihon Koa Gas Co., Ltd. and Nishinihon Acetylene Co., Ltd. on 28 June 2024, and in JOSAN Co., Ltd. on 30 September 2024, making them newly consolidated subsidiaries.」
Regarding business expansion through M&A, documented the acquisition of Nishinihon Koa Gas, Nishinihon Acetylene and JOSAN Co., Ltd. and their conversion into consolidated subsidiaries. - FY2025-H1AdvancedAnnual report
「Expenditure on the acquisition of shares in subsidiaries resulting in a change in the scope of consolidation △ 712」
Spent ¥712 million on the acquisition of shares in a subsidiary resulting in a change in the scope of consolidation, documenting specific transaction progress in business expansion through M&A. - FY2022AdvancedAnnual report
「On 1 December 2021, shares in 日本酸水素不動産株式会社 were acquired and the company was made a consolidated subsidiary. On the same date, its corporate name was changed to ケー・エヌ・エス株式会社.」
As a specific development in M&A, Nihon Sansuiso Fudosan Co., Ltd. became a consolidated subsidiary through the acquisition of its shares in December 2021. - FY2021AdvancedAnnual report
「December 2020: Air Gases Hiroshima Co., Ltd. (currently a consolidated subsidiary) became a subsidiary through the purchase of its shares.」
As a specific development in proactive M&A, Air Gases Hiroshima Co., Ltd. became a subsidiary through the acquisition of its shares in December 2020. - FY2020First statedAnnual report
「In addition, we will propose new applications, including through proactive M&A and the acquisition of new demand customers for dissolved acetylene for vacuum carburizing, gases for aerosols and carbon dioxide for agricultural use.」
For the first time, explicitly identified proactive M&A as a specific standalone measure to expand the gas business.