Strengthening the furnace construction business and customer base through the acquisition of SR Holdings
First written in FY2017. 8 of 13 entries say "Advanced", first in FY2017. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Shinbo Ryozai Kogyo Co., Ltd., which became a consolidated subsidiary in April 2017, has steadily expanded its business following the acquisition of Sanyu Chikuro Co., Ltd. and the establishment of sales offices in Kanagawa and Osaka. We will further expand synergies with the company and take an increasingly active approach to alliances with related businesses and expanding business with major plant manufacturers.」
Shinbo Ryozai Kogyo has expanded its business through the acquisition of Sanyu Chikuro and the establishment of sales offices in Kanagawa and Osaka, and is pursuing alliances and expanded business with major plant manufacturers. - FY2025-H1AdvancedAnnual report
「In addition, Shinbo Ryozai Kogyo Co., Ltd. absorbed VQP2023 Co., Ltd. in a merger.」
Shinbo Ryozai Kogyo absorbed VQP2023, advancing the integration of the business into an existing group company responsible for the furnace construction business. - FY2022RestatedAnnual report
「In addition, we will further expand synergies with Shinbo Ryozai Kogyo Co., Ltd., which became a consolidated subsidiary in April 2017, while taking an increasingly active approach to expanding business with major plant manufacturers.」
The company continues to strengthen business collaboration and expand synergies with Shinbo Ryozai Kogyo, as well as expand business with major plant manufacturers. - FY2020RestatedAnnual report
「In addition, we will continue strengthening business collaboration in this market with Shinbo Ryozai Kogyo Co., Ltd., which became a consolidated subsidiary in April 2017, while actively pursuing expanded business with major plant manufacturers through technical collaboration and joint product development with major plant service providers.」
The company continues to strengthen business collaboration with Shinbo Ryozai Kogyo and expand business through technical collaboration and joint development with plant service providers. - FY2020-Q3RestatedAnnual report
「In addition, we will strengthen business collaboration with Shinbo Ryozai Kogyo Co., Ltd., which became a consolidated subsidiary in April 2017.」
The company reiterated its policy of strengthening business collaboration with Shinbo Ryozai Kogyo following its acquisition and integration, and leveraging the furnace construction business and customer base. - FY2020-Q2RestatedAnnual report
「In addition, we will strengthen business collaboration with Shinbo Ryozai Kogyo Co., Ltd., which became a consolidated subsidiary in April 2017.」
The company reiterated its policy of strengthening business collaboration with Shinbo Ryozai Kogyo following its acquisition and integration, and leveraging the furnace construction business and customer base. - FY2020-Q1RestatedAnnual report
「In addition, we will strengthen business collaboration with Shinbo Ryozai Kogyo Co., Ltd., which became a consolidated subsidiary in April 2017.」
The company reiterated its policy of strengthening business collaboration with Shinbo Ryozai Kogyo following its acquisition and integration, and leveraging the furnace construction business and customer base. - FY2019AdvancedAnnual report
「In addition, we will strengthen business collaboration with Shinbo Ryozai Kogyo Co., Ltd., which became a consolidated subsidiary in April 2017.」
As the next stage following the acquisition and integration of Shinbo Ryozai Kogyo, the company newly stated its intention to strengthen business collaboration with it. - FY2018AdvancedAnnual report
「Merger structure in which Shinbo Ryozai Kogyo Co., Ltd. is the surviving company and SR Holdings Co., Ltd. is the absorbed company」
Following the acquisition of 100% of SR Holdings, Shinbo Ryozai Kogyo absorbed SR Holdings on 23 June 2017, concentrating management resources in the company responsible for the furnace construction business. Shinbo Ryozai Kogyo's sales also contributed to higher full-year revenue in the engineering business. - FY2018-Q3AdvancedAnnual report
「Sales to the melting furnace and environmental markets increased 49.0% year on year to ¥1,728 million, accounting for 26.4% of total sales, with sales from the newly consolidated subsidiary 眞保炉材工業株式会社 also contributing.」
Shinbo Ryozai Kogyo continued to contribute revenue after becoming a consolidated subsidiary, with sales to the melting furnace and environmental markets increasing 49.0% year on year. - FY2018-Q2AdvancedAnnual report
「Sales to the melting furnace and environmental markets increased 48.7% year on year to ¥1,222 million, accounting for 28.2% of total sales, with sales from the newly consolidated subsidiary 眞保炉材工業株式会社 also contributing.」
Following the acquisition and integration of SR Holdings and the addition of Shinbo Ryozai Kogyo to the consolidated group, its sales contributed to higher revenue in the engineering business. - FY2018-Q1AdvancedAnnual report
「In addition, the acquisition of shares in SR Holdings during the cumulative first quarter resulted in SR Holdings and its subsidiary, Shinbo Ryozai Kogyo Co., Ltd., being added to our consolidated companies. In June, Shinbo Ryozai Kogyo Co., Ltd. absorbed SR Holdings in a merger.」
Following the acquisition of 100% of SR Holdings, Shinbo Ryozai Kogyo was added to the consolidated group, and on 23 June 2017 it absorbed SR Holdings in a merger. The acquisition and integration have progressed in concrete terms and have also contributed to higher sales in the engineering business. - FY2017AdvancedAnnual report
「By making SR Holdings a subsidiary, Shinbo Ryozai Kogyo Co., Ltd., a subsidiary of SR Holdings, will become our sub-subsidiary. Established in 1958, Shinbo Ryozai Kogyo is a furnace construction contractor that builds and repairs cupolas, performs insulation and refractory work for aluminium melting and holding furnaces, and manufactures and sells refractory materials. As both companies sought to strengthen the furnace construction business and expand their customer bases, we decided to acquire all issued shares of SR Holdings, excluding treasury shares, and make it a subsidiary.」
A resolution to acquire all shares was passed on 21 March 2017, and SR Holdings was made a subsidiary on 3 April with a 100% voting interest for ¥400 million. Following the acquisition, the company aims to strengthen its sales and technical capabilities by leveraging its brand strength and distribution channels.