Expansion of European operations through acquisitions and consolidation by the CWS Group
First written in FY2024. 2 of 4 entries say "Advanced", first in FY2025-H1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「In other European countries, revenue exceeded the previous fiscal year, partly due to the contribution from bolt-on M&A conducted in the previous fiscal year.」
Bolt-on M&A conducted in the previous year contributed to higher revenue in Europe, with European revenue of ¥162.738 billion, up 4.0% from the previous fiscal year. - FY2026-H1RestatedAnnual report
「In other European countries, revenue exceeded the previous year, partly due to the contribution from bolt-on M&A conducted in the previous year, resulting in higher revenue for Europe as a whole.」
In the European business, the contribution from bolt-on M&A conducted in the previous year continued, and revenue for Europe as a whole exceeded the previous year. - FY2025-H1AdvancedAnnual report
「In Turkey, although vehicle production declined, revenue exceeded the previous year due to higher sales volumes and efforts to improve selling prices. In other European countries as well, revenue exceeded the previous year due to solid demand centered on the industrial sector and the impact of new consolidations.」
In the European business, the impact of new consolidations contributed to higher revenue, and revenue in the Europe segment increased 18.0% year on year. - FY2024First statedAnnual report
「In other European countries, revenue exceeded the previous year, supported by solid sales in the core industrial sector and contributions from the newly consolidated CWS Group, resulting in higher total European revenue.」
The new consolidation of the CWS Group and its contribution to revenue were identified for the first time as a separate theme. In Europe, the Company explained that it had completed 4 M&A transactions centered on the Kansai Helios Group.