Expansion of the business serving theme parks and commercial facilities through the acquisition of 西本産業株式会社 as a subsidiary
First written in FY2025-H1. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025AdvancedAnnual report
「The Company decided to acquire the shares because it determined that leveraging Nishimoto Sangyo Co., Ltd.’s expertise would enable the Group to achieve sustainable growth over the medium to long term and further enhance corporate value.」
Made Nishimoto Sangyo a 99.9%-owned subsidiary and consolidated its display, event, construction and maintenance businesses for theme parks and commercial facilities. - FY2025-H1First statedAnnual report
「Through M&A, we aim to expand into new business areas. 西本産業 provides total solutions for theme parks and commercial facilities, from planning, design, creation and construction of displays and events to after-sales support. We decided to acquire its shares because we determined that leveraging 西本産業’s expertise would enable our group to achieve sustainable growth over the medium to long term and further enhance corporate value.」
Acquired the shares on 2 April 2024 and made the company a subsidiary with a 99.9% voting interest. The acquisition cost was ¥619 million and goodwill was ¥551 million, bringing display, event and maintenance services for theme parks and commercial facilities into a new business area.