Funds on standby for M&A, alliances and business succession
First written in FY2017. 7 of 18 entries say "Advanced", first in FY2018. Latest entry: FY2026.
90 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the fiscal year, the company invested ¥981 million in rental equipment for its core DDS and SMS businesses and acquired additional shares in associates for ¥1,007 million, funding these investments with internal funds.」
The company spent ¥1,007 million on the additional acquisition of shares in associates, including ファイルフォース株式会社. The stated voting rights ownership ratio in ファイルフォース株式会社 was 41.7%, and the company recorded ¥180 million in equity-method investment income following its return to profitability during the fiscal year. - 2026-04-28AdvancedEarnings
「Ordinary profit was ¥3,734 million, up 18.1% from the previous fiscal year, reflecting the recognition of equity in earnings of affiliates following the return to profitability of ファイルフォース株式会社, a strategic investment.」
ファイルフォース株式会社 has progressed from previous disclosures of investment losses to profitability and the recognition of equity in earnings of affiliates. - FY2026-H1AdvancedAnnual report
「In non-operating income, in addition to an increase in dividends received on investment securities held to preserve rental assets (*1), the company recorded equity-method investment income following the return to profitability of its strategic investee, ファイルフォース株式会社. As a result, ordinary profit was ¥1,713 million, up 21.6% year on year.」
The strategic investee, ファイルフォース株式会社, returned to profitability and reached the stage of recording equity-method investment income. - FY2024-Q2AdvancedAnnual report
「Cash used in investing activities totaled ¥400 million, compared with ¥45 million used in the same period of the previous year. This was mainly attributable to ¥297 million in expenditure for the acquisition of shares in associates.」
The company disclosed expenditure of ¥297 million for the acquisition of shares in associates. - FY2023MaterialisedAnnual report
「During the fiscal year, because of the substantial divergence from the originally prepared business plan, the company reviewed the future business plan and assessed the recoverable amount of its investment in the investee. As a result, it recorded ¥113 million, equivalent to the unamortized balance of goodwill, as an equity-method investment loss under non-operating expenses.」
Following the substantial divergence from the original plan at ファイルフォース株式会社, the full-year equity-method investment loss totaled ¥197 million, including a ¥113 million loss equivalent to goodwill. - FY2023-Q3Recorded an equity-method investment loss of ¥196 million and an impairment loss on goodwillAnnual report
「With respect to ファイルフォース株式会社, an equity-method associate, the company assessed the recoverable amount of its investment in the associate because of the substantial divergence from the originally prepared business plan. As a result, it recorded ¥113 million, equivalent to the unamortized balance of goodwill, as an equity-method investment loss under non-operating expenses.」
In connection with the capital and business alliance with ファイルフォース株式会社, the company recorded an equity-method investment loss, including ¥113 million equivalent to the unamortized balance of goodwill, due to the divergence from the original business plan. The equity-method investment loss totaled ¥196 million for the nine months ended 31 December. - FY2023-Q2Recorded an equity-method investment loss of ¥57 millionAnnual report
「Equity-method investment loss 33 57」
The company recorded an equity-method investment loss of ¥57 million, up from ¥33 million in the same period of the previous year. - FY2023-Q1Recorded an equity-method investment loss of ¥31 millionAnnual report
「Equity-method investment loss 15 31」
The equity-method investment loss related to the capital and business alliance with ファイルフォース株式会社 increased from ¥15 million in the same period of the previous year to ¥31 million. - FY2022Recorded an equity-method investment loss of ¥74 millionAnnual report
「Equity-method investment loss 66 74」
Following the capital and business alliance with ファイルフォース株式会社, the equity-method investment loss increased from ¥66 million in the previous fiscal year to ¥74 million in the current fiscal year. - FY2022-Q3Recorded an equity-method investment loss of ¥56 millionAnnual report
「Equity-method investment loss 46 56」
In connection with the capital and business alliance with ファイルフォース株式会社, the equity-method investment loss was ¥56 million for the nine months ended 31 December. - FY2022-Q1Recorded an equity-method investment loss of ¥15 millionAnnual report
「Equity-method investment loss 17 15」
In connection with the capital and business alliance with ファイルフォース株式会社, the company recorded an equity-method investment loss of ¥15 million in the first quarter. - FY2021Equity-method investment loss increased to ¥66 millionAnnual report
「Equity-method investment loss 17 66」
Following the capital and business alliance with ファイルフォース株式会社, the company recorded an equity-method investment loss of ¥66 million for the full fiscal year. - FY2021-Q3Recognition of Equity-Method Investment LossAnnual report
「Equity-method investment loss － 46」
Following the capital and business alliance with ファイルフォース株式会社, the company recorded an equity-method investment loss of ¥46 million as a non-operating expense for the nine months ended 31 December. - FY2020-Q3AdvancedAnnual report
「As a result of acquiring shares in ファイルフォース株式会社 during the three months ended 31 December, the company included it within the scope of application of the equity method.」
The company disclosed that ファイルフォース株式会社 became an equity-method associate following the share acquisition, advancing the capital and business alliance to the accounting application of the equity method. - FY2020-Q2AdvancedAnnual report
「In the notice published on 28 April 2016, titled "Notice Regarding the Use of Funds (Standby Funds for M&A and Other Purposes) and Treasury Stock," the company stated and pursued a policy of undertaking capital and business alliances, technology alliances and business succession with companies expected to generate synergies through the development and expansion of products and services and the construction of a nationwide network in the systems, surveying and measurement businesses centered on the construction ICT field, as part of its growth strategy under the medium-term management plan. In connection with the strengthening of the capital relationship, the company determined that deepening collaboration between its IT infrastructure services and the cloud services provided by ファイルフォース株式会社 would generate synergies in the development of network-related products and services for the construction industry.」
As part of its growth strategy using standby funds for M&A and other purposes, the company subscribed to a third-party allocation of shares by ファイルフォース株式会社 and completed payment on 31 October 2019. Its voting rights ratio after the acquisition was 23.8%, creating a specific capital and business alliance to develop products and services through collaboration between its IT infrastructure services and cloud services. - FY2019RestatedAnnual report
「The current portion of long-term borrowings was raised as standby funds for M&A and other purposes, and matures within 1 year after the fiscal year-end.」
The ¥1,000 million in long-term borrowings raised as standby funds for M&A and other purposes became due for repayment within 1 year at the end of the fiscal year. - FY2018AdvancedAnnual report
「The long-term borrowings were raised as standby funds for M&A and other purposes, and mature 2 years after the fiscal year-end.」
The company disclosed specific funding arrangements for standby funds for M&A and other purposes, including ¥1,000 million in long-term borrowings with a maturity 2 years after the fiscal year-end. - FY2017First statedAnnual report
「The company's main funding needs comprise the cost of sales, including purchases of merchandise, selling, general and administrative expenses for operating activities, and standby funds for capital and business alliances, technology alliances and business succession.」
The company positions standby funds for capital and business alliances, technology alliances, business succession and other purposes as one of its funding needs.