Monetization and expansion of the investment and development business focused on Israeli cybersecurity companies
First written in FY2019-Q3. 10 of 20 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「We invest in security-related startups overseas, including in Israel.」
The company continues its investment development business involving overseas security startups, including those in Israel. This filing does not indicate any new valuation gains or investment returns. - FY2025-H1ReframedAnnual report
「Against this backdrop, the company is focusing on accelerating its smart security service, which combines the launch of one-of-a-kind products that anticipate the next generation with the company's security expertise, while also promoting an investment and business-development business leveraging its connections overseas, in order to achieve further growth.」
The description of the investment development business has been revised from leveraging the company's connections in Israel to leveraging its connections overseas. The policy of promoting the investment development business itself remains unchanged. - FY2024Impairment recognized on some investmentsAnnual report
「In accordance with accounting standards, we conservatively assessed some of our investment securities and recognized ¥122 million as an extraordinary loss due to impairment.」
The company recognized impairment losses on some investment securities related to its investment development business in security-related startups in Israel and elsewhere. At the same time, it explains that another venture capital-style incubator has unrealized gains and that it is in a position to record profits exceeding the extraordinary loss amount in the future. - FY2024-Q1AdvancedAnnual report
「Meanwhile, regarding costs, the company actively expanded its workforce and sales activities to strengthen sales, as well as advertising activities such as exhibiting at trade shows. In addition, it stepped up preparations to launch its investment and development business. As a result, SG&A expenses were ¥309 million, up 5.6% year on year.」
The filing states that preparations for the investment development business, which began in the previous fiscal year, have been accelerated, indicating progress toward its full launch from the next fiscal year. - FY2023AdvancedAnnual report
「We participate as a founding limited partner in Team8, a venture capital-style incubator attracting attention in Israel, and the valuation as of the end of the fiscal year, including realized and unrealized gains, has already exceeded six times the invested amount, indicating progress. We have already begun preparing to fully launch the investment development business from the next fiscal year and will improve synergies with the security business.」
The filing states that the valuation of the Team8 investment exceeds six times the invested amount and that preparations have begun for the full launch of the investment development business from the next fiscal year. - FY2023-Q3RestatedAnnual report
「Against this backdrop, the company is focusing on accelerating its hybrid service business, which combines the launch of one-of-a-kind products that anticipate the next generation with the company's security expertise, while also promoting an investment and business-development business leveraging its connections with Israel built over the years, in order to achieve further growth.」
The company reconfirms its medium- to long-term policy of promoting the investment development business by leveraging its connections in Israel. This filing does not indicate any new investment returns or progress in valuations. - FY2023-Q2RestatedAnnual report
「Against this backdrop, the company is focusing on accelerating its hybrid service business, which combines the launch of one-of-a-kind products that anticipate the next generation with the company's security expertise, while also promoting an investment and business-development business leveraging its connections with Israel built over the years, in order to achieve further growth.」
The company continues to pursue its policy of promoting the investment development business by leveraging its connections in Israel. - FY2023-Q1RestatedAnnual report
「Against this backdrop, the company is focusing on accelerating its hybrid service business, which combines the launch of one-of-a-kind products that anticipate the next generation with the company's security expertise, while also promoting an investment and business-development business leveraging its connections with Israel built over the years, in order to achieve further growth.」
The company reconfirms its medium- to long-term policy of promoting the investment development business by leveraging its connections in Israel. - FY2022AdvancedAnnual report
「The investment development business is generating results from the investments in Israel that we are currently pursuing on a trial basis. For example, the valuation at the end of the fiscal year of Team8, in which we participate as an early limited partner, including realized and unrealized gains, exceeds eight times the invested amount. Going forward, we will further strengthen the development of the investment business, seek earnings contributions from the investments themselves, and improve synergies with the security business.」
The filing states that the valuation of the Team8 investment, including realized and unrealized gains, progressed from more than six times to more than eight times the invested amount, and continues to emphasize strengthening the investment development business and its contribution to earnings. - FY2022-Q3AdvancedAnnual report
「By the third quarter, the investment development business had generated ¥48 million in investment returns, which was one factor contributing to the return to profitability in ordinary income and net income. From the next fiscal year, we will strengthen the business's development, establish it as a reportable business segment, and record investment business revenue as operating profit.」
The investment development business generated ¥48 million in investment returns by the third quarter, contributing to profitability in ordinary income and net income. The company also explicitly states that it will establish the business as a segment and record investment business revenue as operating profit from the next fiscal year. - FY2022-Q2AdvancedAnnual report
「In addition, in our investment development business, we currently have unrealized gains of approximately 4.3 times the invested amount on multiple Israeli investments. Following the confirmed sale of one cybersecurity-related startup investment, we recorded ¥47 million in investment returns as a dividend received by the company. Going forward, we will further strengthen the investment development business, improve synergies with the security business, and continue preparing to generate operating profit from it as a core business.」
The company reports unrealized gains of approximately 4.3 times the invested amount on its Israeli investments and recorded ¥47 million in dividend income following the confirmed sale of one investment. It also states its policy of preparing to make the investment development business a core business and generate operating profit from it. - FY2022-Q1RestatedAnnual report
「Against this backdrop, the company is focusing on accelerating its hybrid service business, which combines the launch of one-of-a-kind products that anticipate the next generation with the company's security expertise, while also promoting an investment and business-development business leveraging its connections with Israel built over the years, in order to achieve further growth.」
The company continues to clearly state its policy of promoting the investment development business by leveraging its connections in Israel. - FY2021AdvancedAnnual report
「We are an early limited partner in Team8, an Israeli incubator attracting attention, and the valuation as of the end of the fiscal year, including realized and unrealized gains, has already exceeded six times the invested amount, indicating progress.」
The filing states that the valuation of the investment through Team8, including realized and unrealized gains, progressed from more than five times to more than six times the invested amount. - FY2021-Q3RestatedAnnual report
「Against this backdrop, the company is focusing on accelerating its hybrid service business, which combines the launch of one-of-a-kind products that anticipate the next generation with the company's security expertise, while also promoting an investment and business-development business leveraging its connections with Israel built over the years, in order to achieve further growth.」
The company continues to pursue its policy of promoting the investment development business by leveraging its connections in Israel. This filing does not report any new investment returns or specific developments at investee companies. - FY2021-Q1RestatedAnnual report
「Against this backdrop, the company is focusing on accelerating its hybrid service business, which combines the launch of one-of-a-kind products that anticipate the next generation with the company's security expertise, while also promoting an investment and business-development business leveraging its connections with Israel built over the years.」
The company continues to pursue its policy of promoting the investment development business by leveraging its connections in Israel. - FY2020RestatedAnnual report
「We are an early limited partner in Team8, an Israeli incubator currently attracting attention, and as of the end of the fiscal year, its valuation, including realized and unrealized gains, had already exceeded five times the invested amount.」
The company reconfirms its investment through Team8 and that its valuation, including realized and unrealized gains, exceeds five times the invested amount. - FY2020-Q2RestatedAnnual report
「Against this backdrop, the company is focusing on accelerating its hybrid service business, which combines the launch of one-of-a-kind products that anticipate the next generation with the company's security expertise, while also promoting an investment and business-development business leveraging its connections with Israel built over the years, in order to achieve further growth.」
The company continues to pursue its policy of promoting the investment development business by leveraging its connections in Israel. - FY2020-Q1RestatedAnnual report
「Against this backdrop, the company is focusing on accelerating its hybrid service business, which combines the launch of one-of-a-kind products that anticipate the next generation with the company's security expertise, while also promoting an investment and business-development business leveraging its connections with Israel built over the years, in order to achieve further growth.」
The company continues to pursue its policy of promoting the investment development business by leveraging its connections in Israel. No new investment returns or developments at investee companies are reported for the quarter. - FY2019AdvancedAnnual report
「In our investment development business, we have invested in Israeli security-related startups on a test-case basis, leveraging connections cultivated over many years. Although these investments are not currently reflected in our accounts, they have attracted global attention and have generated strong returns. During the fiscal year, some investments generated returns of more than five times the invested amount. We will begin preparing to scale up our investments in Israeli security startups, which are attracting attention worldwide.」
The company reports that investments in Israeli security startups generated returns of more than five times the invested amount and that preparations have begun to scale up the investment business. - FY2019-Q3First statedAnnual report
「In addition, the company has reached a point where it can monetize its investment and development business, which makes direct investments in Israeli cybersecurity startups, an area in which it has strengths, and holds and trades related financial products. It will therefore promote the business actively and strategically to maximize revenue. By promptly incorporating the latest security-related technologies from Israel, which has attracted significant global interest in cybersecurity, the company aims both to contribute to improved security in Japan and to maximize investment returns. More recently, the acquisition by a Singaporean state-owned investment company of an Israeli cybersecurity startup invested in by Team8, an incubator in Israel in which the company made a Series A investment, was finalized, resulting in ¥50 million in investment income recorded as a dividend.」
For the investment and development business involving direct investments in Israeli cybersecurity startups and the holding and trading of related financial products, the company describes for the first time, as an independent theme, its policy of actively and strategically pursuing the business after reaching a point where it can be monetized. It also reports the concrete earnings result of ¥50 million in investment income recorded as a dividend following the finalized acquisition of an investee company through Team8.