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Tow (4767) · InitiativeAdvanced

M&A and Alliances in Live Experiences, Digital, Video, PR and Data

First written in FY2017. 8 of 11 entries say "Advanced", first in FY2021. Latest entry: FY2026.

11entries
10years
2from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2017 – FY2019AdvancedFY2023 – FY20262017: 12018: 020182019: 120192020: 020202021: 120212022: 120222023: 120232024: 220242025: 120252026: 32026
Same theme, other companies
Expansion of Business Scope and Earnings Base through M&A, Investment and Financing, and Capital AlliancesA theme 69 companies write about · 0 as a headwind · 69 as a tailwind

43 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 69 companies compared. The sentences above are computed from all 69.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Bruce Mobile Co., Ltd. has extensive experience and expertise in hosting and operating food festivals, including the "Great Tsukemen Expo." By combining the company's event hosting and operating capabilities with our Group's experience design capabilities, marketing capabilities and client network, we aim to create new value from food-based experiences and establish a revenue model.」

    The acquisition of all shares in Bruce Mobile Co., Ltd. and its conversion into a subsidiary demonstrates concrete progress in M&A, combining its food festival hosting and operating capabilities with the Group's experience design capabilities and other strengths.
  2. FY2025-H1AdvancedAnnual report

    「As the digital market expands, we recognize the expansion of the digital experience business as an important growth priority. On 15 January 2025, we acquired all shares of Qetic株式会社, which has strengths in the digital experience business, made it a consolidated subsidiary, and will focus on expanding the integrated promotion business.」

    The company acquired all shares of Qetic Co., Ltd. and made it a consolidated subsidiary, putting its existing M&A and alliance policy into practice by expanding into the digital experience field.
  3. FY2024AdvancedAnnual report

    「During the fiscal year under review, we acquired additional shares in SP Ring Tokyo Co., Ltd., and included the company within the scope of application of the equity method.」

    The company acquired additional shares in SP Ring Tokyo Co., Ltd. and made it an equity-method affiliate with a 20.1% stake, putting group collaboration in event production and operations into practice.
  4. FY2024-Q2AdvancedAnnual report

    「Net cash used in investing activities was ¥8 million, compared with ¥206 million provided in the same quarter of the previous year. This was mainly due to ¥6 million in expenditure on the acquisition of intangible assets and ¥3 million in expenditure on the acquisition of shares in subsidiaries resulting in a change in the scope of consolidation.」

    The company acquired shares in a subsidiary, resulting in a change in the scope of consolidation, and recorded ¥3 million in acquisition-related expenditure. The disclosure also describes the acquisition of intangible assets and an ¥18 million increase in goodwill, indicating concrete progress in M&A and business expansion.
  5. FY2023AdvancedAnnual report

    「We also made Motte Inc., a commercial production company, a consolidated subsidiary in anticipation of expanding from video into related fields. Through this, we aim to further expand the integrated promotions produced by our Group and enhance the value we provide.」

    To expand into the video and commercial production fields, the company made Motte Inc. a 100%-owned consolidated subsidiary. It also describes the "TOOH" alliance with outdoor advertising company Kesion as a measure to enhance the value of experiences in the real-world field.
  6. FY2022RestatedAnnual report

    「Going forward, while pursuing growth in our existing businesses, we intend to create new businesses proactively and, as necessary, conduct M&A to incorporate growth businesses into the growth of our Group.」

    The company is reiterating its policy of using the creation of new businesses and M&A as growth measures, in addition to growing its existing businesses.
  7. FY2021AdvancedAnnual report

    「February 2021 Entered into a business alliance with Digital Identity Inc., a digital marketing company. February 2021 Entered into a business alliance with INCLUSIVE Inc., a media management company.」

    The company entered into business alliances with a digital marketing company and a media management company, putting into practice its efforts to expand into the digital and media fields with its real-world business at the core.
  8. FY2019RestatedAnnual report

    「To further enhance the value of our core real-world business, we will actively pursue business and capital alliances, M&A and other initiatives with companies in fields including digital, video, PR and data, as well as with industry peers.」

    The company is reiterating its policy of pursuing business and capital alliances and M&A with companies in the digital, video, PR and data sectors and with industry peers, with its real-world business at the core.
  9. FY2017First statedAnnual report

    「We will actively pursue M&A, capital and business alliances, and other initiatives with companies in fields including the real, digital, video, PR and data sectors.」

    The company identifies M&A, capital alliances and business alliances with companies in multiple specialist fields as growth initiatives.
Moved together

"Enhancing Interactive Promotional Capabilities" moved the same way as this thread, in the same document, in 7 of its 11 moves.

755443★123456
  1. ★This thread
  2. 1Enhancing Interactive Promotional Capabilities7×
  3. 2Strengthening Group Management5×
  4. 3Turning Cash Flow from Operating Activities Positive5×
  5. 4Improved earnings power driven by the subsidiaries' growing share of consolidated operating profit4×
  6. 5Next-period minimum dividend of ¥26 and use of dividend metrics4×
  7. 6Profit constrained by low margins on large projects and higher personnel costs for new graduates3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Tow yet. It last moved in the General Meetings of Shareholders of 2026-09-03: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
M&A and Alliances in Live Experiences, Digital, Video, PR and Data | TOW CO.,LTD. (4767) | Komori