Expansion of Online and Offline Businesses Through the Acquisition of Operating Companies
First written in FY2018-Q2. 16 of 20 entries say "Advanced", first in FY2018. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「May 2026: An absorption-type merger was carried out with 株式会社ファイブスターコーポレーション as the surviving company and 株式会社ファイブスターコーポレーション東京 and アイランドクリーナーズ株式会社 as the absorbed companies.」
Following the acquisition of 3 Five Star Group companies engaged in hotel development and operations, creative services and cleaning, an absorption-type merger was carried out with 株式会社ファイブスターコーポレーション as the surviving company, integrating the post-acquisition business platform. - FY2026-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors held on 13 November 2025, the Company acquired shares in 3 companies, 株式会社ファイブスターコーポレーション, 株式会社ファイブスターコーポレーション東京 and アイランドクリーナーズ株式会社 (hereinafter, the “Five Star Group”), thereby making them subsidiaries.」
As of 28 November 2025, the Company acquired 100% of 3 companies engaged in hotel development and operations, web customer-acquisition consulting, creative services and cleaning services, for consideration of ¥1,040 million. It anticipates synergies between its online reservations, advertising and engineering resources and the target companies’ hotel operations and customer-acquisition expertise. - FY2024AdvancedAnnual report
「Revenue and profit (loss) for the period generated after the acquisition dates were ¥1,722.508 million and a loss of ¥120.602 million, respectively.” “Revenue and profit for the period generated after the acquisition date were ¥1,535.820 million and ¥114.903 million, respectively.」
The annual contribution to revenue and profit from the conversion of 旅工房 and アヤベックス into subsidiaries was disclosed. 旅工房 generated revenue of ¥1,722.508 million and a loss for the period of ¥120.602 million, while アヤベックス generated revenue of ¥1,535.820 million and profit for the period of ¥114.903 million. - FY2024-Q3AdvancedAnnual report
「The Group's core business is operating a travel business centered on its comprehensive travel booking website "skyticket" and other services as an OTA (online travel agency). Its strategy is to continue strengthening its domestic travel business and then expand into Southeast Asia and global markets.」
Expansion of the travel business through acquisitions of operating companies continued. Silkway Travel Asia was acquired, and resolutions were passed to acquire HELLO1010, UR COMMUNICATIONS, Quesqu and its subsidiary LALALA Plus. Business touchpoints were added in travel agency services, tour operations, communications and study-abroad services. - FY2024-Q1AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 10 August 2023, the Company acquired shares in 株式会社旅工房 on 31 October 2023, making it a subsidiary. At a Board meeting held on 27 October 2023, the Company resolved to acquire all shares in アヤベックス株式会社 and make it a subsidiary, and completed the acquisition on the same date.」
Expansion of the travel business through acquisitions of operating companies continued. 旅工房 became a subsidiary with a 53.03% voting interest, while all shares in アヤベックス were acquired. 旅工房 operates package tours, air ticket and accommodation businesses, while アヤベックス operates as a land operator and in inbound promotion for regional revitalization. - FY2022-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 25 March 2022, the Company resolved to transfer all shares in its consolidated subsidiaries, コスミック流通産業株式会社 and コスミックGCシステム株式会社, and transferred all shares on 1 April 2022.」
As the Company shifted from expanding its online and offline businesses through acquisitions to business selection and concentration, the resolution and completion of the transfer of all shares in コスミック流通産業 and コスミックGCシステム took place. - FY2021AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 April 2021, the Company resolved to transfer all shares in its consolidated subsidiary, 株式会社EDIST, and transferred all shares held by the Company on 31 May 2021.」
As the Company shifted from expanding its online and offline businesses through acquisitions to business selection and concentration, the transfer of all shares in EDIST was completed. - FY2021-Q3AdvancedAnnual report
「Amid these changes in the business environment, ダスキン expressed its intention to acquire shares in EDIST. The Company proceeded with the transfer because it expected both companies to expand their businesses and generate significant synergies in the future.」
The shift from expanding business domains through acquisitions to transferring non-travel businesses, including EDIST, and concentrating on the travel business took concrete form. - FY2021-Q1AdvancedAnnual report
「During the first-quarter consolidated accounting period, distribution of the residual assets of 株式会社スグヤク, which had been undergoing liquidation at the end of the previous consolidated fiscal year, was completed. Following the transfer of all shares in 株式会社wundou and 株式会社ギャラリーレア, both companies were excluded from the scope of consolidation.」
Based on the policy of shifting from business expansion through acquisitions to business selection and concentration, the transfer of all shares in wundou and ギャラリーレア was completed, and both companies were excluded from the scope of consolidation. - FY2020ReframedAnnual report
「Amid these changes in the business environment, the Company actively pursued business selection and concentration and reorganized businesses outside the travel business. In this process, 丸井織物 expressed its intention to acquire shares in wundou. The Company proceeded with the transfer because it expected both companies to expand their businesses and generate significant synergies in the future.」
The portfolio strategy shifted from expanding the consumer business through acquisitions to selecting and concentrating businesses, including the transfer of wundou and ギャラリーレア. - FY2019AdvancedAnnual report
「In addition, the Company made 株式会社ギャラリーレア a subsidiary in November 2018, made ラド観光株式会社 a subsidiary and established 株式会社EDIST in January 2019, adding them to the consumer business.」
The consumer business continued to expand through acquisitions and the establishment of new companies, with ギャラリーレア and ラド観光 becoming subsidiaries and EDIST being established. - FY2019-Q3AdvancedAnnual report
「In addition, the Company made コスミック流通産業株式会社, コスミックGCシステム株式会社 and 株式会社wundou subsidiaries in January 2018, 株式会社TET a subsidiary in June 2018, 株式会社ギャラリーレア a subsidiary in November 2018, and ラド観光株式会社 a subsidiary in January 2019, adding them to the consumer business. Revenue and quarterly profit generated by the acquired companies from their respective acquisition dates through 31 March 2019 were ¥1,191.451 million and ¥104.439 million, respectively.」
The conversion of ラド観光株式会社 into a subsidiary was incorporated into the consumer business in the third quarter, contributing revenue of ¥1,191.451 million and quarterly profit of ¥104.439 million from the acquisition date through 31 March 2019. The expansion of business domains and customer touchpoints through acquisitions was reflected in the results. - FY2019-Q2AdvancedAnnual report
「In addition, the Company made コスミック流通産業株式会社, コスミックGCシステム株式会社 and 株式会社wundou subsidiaries in January 2018, 株式会社TET a subsidiary in June 2018, and 株式会社ギャラリーレア a subsidiary in November 2018, adding them to the consumer business. The Company decided to acquire these shares and make the company a subsidiary because it believed that applying the advertising and customer-acquisition expertise gained through its online reservation services to attract potential customers who might purchase luxury brand goods, watches and jewelry at 株式会社ギャラリーレア’s stores could generate significant synergies for both companies. At a meeting of the Board of Directors held on 23 January 2019, the Company resolved to acquire all issued shares of ラド観光株式会社 and entered into a share transfer agreement dated 23 January 2019. Accordingly, it acquired the shares and made the company a subsidiary on 23 January 2019.」
In November 2018, the Company made 株式会社ギャラリーレア a subsidiary with an 80.95% voting interest for consideration of ¥1,146.244 million, with the aim of generating synergies between its online customer-acquisition expertise and sales of luxury brand goods and other products. In addition, it acquired the fashion rental service “EDIST.CLOSET” in December 2018 and made ラド観光株式会社 a wholly owned subsidiary in January 2019. Acquisitions continued to expand the Company’s business domains and customer touchpoints. - FY2018AdvancedAnnual report
「In June 2018, the Company acquired all shares of 株式会社TET and made it a wholly owned subsidiary. 株式会社TET has a major strength in sourcing domestic flights as an authorized agent of Japan Airlines. The Company determined that combining this strength with the online marketing expertise gained through the operation of its flight and other ticket reservation and sales website, “skyticket,” would lead to further expansion of the skyticket business operated by the Company Group.」
In addition to the existing 3 companies, the Company made TET a wholly owned subsidiary and is pursuing the integration of its domestic-flight sourcing capabilities with skyticket’s online marketing. - FY2018-Q3AchievedAnnual report
「Based on a resolution of the Board of Directors held on 22 January 2018, the Company entered into share transfer agreements dated that day with the shareholders of コスミック流通産業株式会社 and コスミックGCシステム株式会社, and on 30 January 2018 made both companies wholly owned subsidiaries. Based on a resolution of the Board of Directors held on 31 January 2018, the Company entered into a share transfer agreement dated that day with the shareholders of 株式会社wundou and made 株式会社wundou a wholly owned subsidiary.」
The acquisition and conversion into wholly owned subsidiaries of コスミック流通産業, コスミックGCシステム and wundou, 3 companies, were completed. The acquirees’ results had not yet been consolidated in the cumulative third-quarter period, and the synergy effects remained part of future plans. - FY2018-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 22 January 2018, the Company resolved to acquire all issued shares of コスミック流通産業株式会社 (hereinafter, “コスミック流通”) and entered into a share transfer agreement dated 22 January 2018. The Company acquired the shares on 30 January 2018 and made the company a subsidiary. Most of コスミック流通’s sales consist of tickets for transportation, including bullet trains and railways. By attracting travelers to コスミック流通’s stores and leveraging the Company’s online marketing expertise, the Company expects to sell railway and other tickets to its users. The Company decided to acquire the shares because it believes it can maximize synergies by maintaining the revenue base rooted in the sales channels currently held by the company while applying the Company’s online marketing expertise to retail and other businesses for individual customers using the internet, an area in which the company had previously engaged to only a limited extent.」
As a subsequent event, the Company acquired コスミック流通産業株式会社 for ¥635 million, representing a 100% ownership interest, and outlined plans to connect railway and other ticket sales and foreign currency exchange with its online business and inbound visitors to Japan. In addition, it acquired コスミックGCシステム株式会社 for ¥14 million, representing a 100% ownership interest, with plans to purchase and sell gift certificates online, and acquired 株式会社ｗｕｎｄｏｕ for ¥800 million, representing a 70% ownership interest and 100% voting rights, anticipating synergies with internet retail sales of sportswear to individual customers.