Building New Business and Revenue Pillars through M&A and Business Alliances
First written in FY2020. 2 of 5 entries say "Advanced", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Through investments in 2 CVC (Corporate Venture Capital) funds, the Company sought to contribute to the development of various industries in line with the funds' philosophies and promote the development of new businesses.」
The Company disclosed its investment track record in 2 CVC funds, Future Food Fund and UMI, aimed at creating a third core business and new businesses. - FY2025AdvancedAnnual report
「We plan to establish a new integrated research and development base combining our businesses, with operations targeted to begin in fiscal 2028. By consolidating the research and development functions of both businesses, we aim to leverage the resulting synergies to create new businesses and strengthen existing businesses.」
To create a new business that will become a third core business, the Company specifically states a plan to establish a research and development center integrating the two businesses, with operations targeted to begin in fiscal 2028. - FY2022RestatedAnnual report
「Based on this, the Company has positioned the period through fiscal 2025 (the fiscal year ending March 2026) as the five years for laying the foundation for further growth and taking on the challenge of creating new businesses and building a third core business. It will continue to respond to changes in the business environment and create new value to achieve the medium-term management plan's subtheme, "For FUSO to contribute to solving social issues."」
The Company continues its medium-term policy, including the creation of new businesses and a third core business, but this filing does not indicate progress on specific M&A or other initiatives. - FY2021RaisedAnnual report
「The Company will promote open innovation both inside and outside the Group and make maximum use of external resources to pursue the creation of a new business that will become a third core business alongside the Life Science business and the Electronic Materials and Functional Chemicals businesses. It will consider various approaches, including an LP investment in a CVC fund, M&A, collaboration with venture companies and industry-academia collaboration. Aiming to establish the business from a long-term perspective, the Company has set a medium-term target of approximately ¥1 billion in sales.」
The Company expanded its consideration of M&A and business alliances into efforts to build a third core business encompassing open innovation, CVC, M&A, and collaboration with venture companies and academia, and set a medium-term sales target of approximately ¥1 billion. - FY2020First statedAnnual report
「The Company conducted various studies in cooperation with the Planning and Development Office, the department responsible for M&A, business alliances and related matters. There has been no particular progress to date, but the Company will continue its consideration.」
The Company newly states that it is considering M&A and business alliances as means of creating a new core business in addition to its existing businesses.