Developing the European market and expanding the product range through the acquisition of Delta S.r.l.
First written in FY2024. 4 of 7 entries say "Advanced", first in FY2025-Q1. Latest entry: 2026-04-03.
No other company in this theme has enough history to compare yet.
- FY2026-H1AdvancedAnnual report
「As a result, goodwill initially calculated on a provisional basis at ¥270,165 thousand decreased by ¥201,160 thousand following completion of the accounting treatment, to ¥69,004 thousand.」
The provisional accounting treatment for the business combination with DELTA S.r.l. completed on 10 June 2024 has been finalized. The initial allocation of the acquisition cost was reviewed, and goodwill decreased by ¥201,160 thousand from ¥270,165 thousand to ¥69,004 thousand. The finalized amounts have also been reflected in the comparative information. - FY2025AdvancedAnnual report
「Japan and China, which have accounted for more than half of sales, are entering a period of population decline. Accordingly, the company aims to expand sales in Europe, where sales have historically represented a smaller proportion, while developing products in price ranges different from those of the Group, where complementary benefits are expected.」
For DELTA S.R.L., results from July through December 2024 were consolidated following the business combination on 10 June 2024. The company disclosed an acquisition cost of ¥530,337 thousand, goodwill of ¥270,165 thousand and a voting interest of 90.0%, and has moved forward with implementing its objectives of expanding sales in Europe and complementing its product lines. - FY2025-H1AdvancedAnnual report
「Beginning with the current interim consolidated accounting period, DELTA S.r.l., in which the Company acquired an equity interest on 10 June 2024, has been included in the scope of consolidation.」
Delta S.r.l. was included in the scope of consolidation from the interim consolidated accounting period following the acquisition of its equity interest on 10 June 2024. The acquired voting interest was 90.0%, the acquisition cost was ¥530,337 thousand, and cash paid for the acquisition was ¥270,159 thousand. Only Delta’s balance sheet was consolidated for the interim consolidated accounting period, and its operating results were not included. - FY2025-Q1AdvancedAnnual report
「Regarding the consolidation of Delta S.r.l. as a subsidiary through the acquisition of its equity interest, announced in the 8 May 2024 notice titled “Notice Regarding the Acquisition of an Equity Interest in Delta S.r.l. and Its Consolidation as a Subsidiary,” the acquisition of the equity interest was completed on 10 June 2024.」
For Delta S.r.l., for which the previous filing stated that an agreement had been signed and that the company would be consolidated as a subsidiary, the acquisition of a 90% equity interest was completed on 10 June 2024. The estimated total acquisition cost was €3,350 thousand, comprising €820 thousand for the purchase of the equity interest, €2,300 thousand for the capital increase and €230 thousand in advisory and other fees. - FY2024First statedAnnual report
「By welcoming Delta into our Group, we expect to expand sales in Europe and contribute to supplying products to a broader range of customers by expanding our product lineup.」
The filing describes an agreement dated 8 May 2024 to acquire 90% of Delta S.r.l., an Italian manufacturer of sanitary products machinery, with the aim of expanding European sales and complementing the product lineup, including different price ranges.