Supplementing Deficient Areas through M&A
First written in FY2022-Q3. 6 of 8 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2026.
90 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company conducted a tender offer for shares of 三井住友建設(株), and 三井住友建設 became a wholly owned subsidiary of the company on 23 December 2025.」
Regarding the policy of filling capability gaps through M&A, the process of making 三井住友建設 a wholly owned subsidiary through a tender offer and squeeze-out has been completed. - FY2026-H1AdvancedAnnual report
「Our group acquired 80.61% through a tender offer for shares on the acquisition date in September 2025. Following an extraordinary general meeting of shareholders in November 2025, the process of making the company a wholly owned subsidiary through a squeeze-out is expected to be completed by December 2025.」
Regarding its policy of filling capability gaps through M&A, the company is proceeding with the acquisition of 三井住友建設 shares through a tender offer and the procedures for making it a wholly owned subsidiary. - FY2024-Q3AdvancedAnnual report
「At an extraordinary meeting of the Board of Directors held on 12 December 2023, the company resolved to acquire all shares of ＪＷＤホールディングス３株式会社, which owns all shares of 日本風力発電株式会社 (hereinafter, “日本風力発電”), and make it a subsidiary, and acquired the shares on 31 January 2024.」
Regarding its policy of filling capability gaps through M&A, the company completed the acquisition of all shares of JWDホールディングス３, which owns 日本風力開発. - FY2024-Q1AdvancedAnnual report
「From the first quarter of the current consolidated fiscal year, (株)ＳＥＫＩ and (有)関栄興業, in which the company newly acquired shares, have been included in the scope of consolidation. From the first quarter of the current consolidated fiscal year, BVN THANH CHUONG JOINT STOCK COMPANY, in which the company newly acquired shares, has been included in the scope of equity-method accounting.」
Regarding its policy of filling capability gaps, the company acquired shares in a paving-related company and an overseas-related company and included them in the scope of consolidation or equity-method accounting. - FY2023RestatedAnnual report
「To establish a domestic and international position in infrastructure services and further expand its business areas, our group will carry out M&A when it is an effective means of filling gaps in areas or fields where capabilities are lacking.」
The company continues its policy of filling capability gaps through M&A and explicitly identifies due diligence and post-acquisition PMI and governance as risk-reduction measures. - FY2022-Q3First statedAnnual report
「Promoting M&A: filling capability gaps in the areas required by a comprehensive infrastructure services company through M&A.」
The company has stated a policy of filling capability gaps required by a comprehensive infrastructure services company through M&A.