Komori
Sega Sammy Holdings (6460) · InitiativeSoftened

Strengthening Existing Businesses and Entering New Businesses through M&A and Partnerships

First written in FY2016. 16 of 24 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.

24entries
11years
2from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q1 – FY2018-Q3AdvancedFY2019-Q3 – FY2020-Q2AdvancedFY2022 – FY2026-H12016: 220162017: 120172018: 220182019: 320192020: 120202021: 320212022: 220222023: 320232024: 220242025: 220252026: 32026
Same theme, other companies
Expansion of Business Scope and Earnings Base through M&A, Investment and Financing, and Capital AlliancesA theme 69 companies write about · 0 as a headwind · 69 as a tailwind

Sega Sammy Holdings moved to the "Worse" side of this theme in 2026.

1 other company's latest entry also says "Softened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 69 companies compared. The sentences above are computed from all 69.
Full recordFilings, disclosures and news, newest first
  1. FY2026SoftenedAnnual report

    「The Company decided to suspend the implementation of large-scale M&A for the time being.」

    While completing the acquisitions of GAN and Stakelogic, the Company suspended large-scale M&A for the time being following impairment losses, temporarily reducing its policy of expansion through M&A.
  2. FY2026-H1AdvancedAnnual report

    「The Company completed the acquisition of Stakelogic, a Netherlands-based provider of B2B iGaming content, on 28 April 2025, and completed the acquisition of GAN, which principally operates a B2B platform for US casino operators, on 27 May 2025.」

    As growth investments in the gaming sector, the acquisition procedures for Stakelogic and GAN were completed, and both companies and their subsidiaries were consolidated.
  3. FY2025AdvancedAnnual report

    「Stakelogic's strength is the development of iGaming content in the markets targeted by the Company. The Company believes that acquiring Stakelogic will further enhance the competitiveness of GAN's B2B platform and contribute to the expansion of its gaming business.」

    The Company executed the acquisition combining GAN's B2B platform with Stakelogic's iGaming content, expanding its business base in the gaming sector.
  4. FY2025-H1AdvancedAnnual report

    「The transfer was completed on 31 May 2024. Following the transfer of these shares, フェニックス was excluded from the Company's consolidated subsidiaries.」

    The transfer of shares in フェニックスリゾート to a Fortress affiliate was completed, and the operation of シーガイア and other assets changed to a strategic partner. The M&A and alliance strategy has expanded beyond acquisitions to include business disposals and changes in operating entities.
  5. FY2024AdvancedAnnual report

    「Rovio became a wholly owned subsidiary through the first and second tender offers and the purchase of shares through a squeeze-out.」

    The acquisition of Rovio, which had been at the approval and agreement stage as an M&A transaction in a growth area, was completed through its conversion into a wholly owned subsidiary with 100% of the voting rights. In Europe, all shares of Relic Entertainment were also transferred, advancing both expansion and portfolio adjustment.
  6. FY2024-Q2AdvancedAnnual report

    「At meetings of the Company's Board of Directors and the Board of Directors of its consolidated subsidiary セガサミークリエイション株式会社 ("SSC") held on 8 November 2023, the companies resolved to acquire GAN Ltd. (a Bermuda company headquartered in the United Kingdom, listed on Nasdaq, and principally engaged in SaaS services for US casino operators and B2C online gaming services in Europe and South America) through a special-purpose company newly established in Bermuda by SSC. SSC and GAN entered into a definitive merger agreement.」

    In the gaming sector, including online casinos and sports betting, the Company progressed from the Board approval of GAN's acquisition to the execution of a definitive merger agreement. Completion of the acquisition was scheduled for the third quarter of the fiscal year ending March 2025.
  7. FY2024-Q2AdvancedAnnual report

    「In connection with the acquisition of shares in Rovio Entertainment Corporation, the Company has included Rovio and its 13 subsidiaries in the scope of consolidation.」

    The Company acquired 96.3% of Rovio's voting rights on 17 August 2023 and consolidated Rovio and its 13 subsidiaries from September. The acquisition consideration was ¥100,640 million, completing the acquisition in the overseas mobile gaming sector.
  8. FY2023AdvancedAnnual report

    「At meetings of the Board of Directors of the Company and its consolidated subsidiary 株式会社セガ held on 17 April 2023, the companies resolved to acquire Rovio Entertainment Oyj (a mobile game company headquartered in Finland, hereinafter "Rovio") by conducting a tender offer under Finnish law through SEGA Europe Limited, a consolidated subsidiary of セガ. The Company and Rovio entered into a definitive agreement concerning the tender offer.」

    As a growth investment in the consumer business, the Company resolved to conduct a tender offer for mobile game company Rovio and entered into a definitive agreement. The disclosure concerns the planned acquisition following the filing, not its completion.
  9. FY2023-Q1AdvancedAnnual report

    「During the first quarter of the current fiscal year, インターライフホールディングス株式会社 was excluded from the scope of application of the equity method through a transfer of shares.」

    インターライフホールディングス was excluded from the scope of application of the equity method through a transfer of shares, advancing the adjustment of the business portfolio.
  10. FY2022AdvancedAnnual report

    「Subscription for capital increase (Note) 1 4,315」

    The Company subscribed to a capital increase by way of a shareholder allotment for PARADISE SEGASAMMY Co., Ltd. and contributed ¥4,315 million. The adjustment and strengthening of the business base through M&A and alliances has extended to additional funding for a resort-related company.
  11. FY2022-Q2ReframedAnnual report

    「During the second quarter of the current fiscal year, 株式会社f4samurai was excluded from the scope of application of the equity method through a transfer of shares.」

    f4samurai was also excluded from the scope of application of the equity method, and the Company is organising its ownership relationships in addition to expanding its business base through M&A and alliances.
  12. FY2021AdvancedAnnual report

    「In addition, 株式会社セガ, the Company's consolidated subsidiary, transferred all shares it held in Sega Amusements International Ltd. to KAIZEN ENTERTAINMENT Ltd. effective 30 March 2021.」

    The Company adjusted its business portfolio not only through expansion, but also by transferring a subsidiary operating amusement facilities and a Western amusement equipment company.
  13. FY2021-Q3ReframedAnnual report

    「In addition, 株式会社f4samurai was excluded from the scope of consolidation and included in the scope of application of the equity method through the partial transfer of shares.」

    Following GO GAME's exclusion from the scope of application of the equity method, f4samurai also changed from a consolidated subsidiary to an equity-method affiliate through a partial transfer of shares. The Company is adjusting its business portfolio as well as expanding it.
  14. FY2021-Q1ReframedAnnual report

    「GO GAME PTE.LTD. was excluded from the scope of application of the equity method through the sale of shares from the first quarter of the current fiscal year.」

    In addition to expanding the business base through M&A and alliances, the Company sold shares in GO GAME PTE.LTD. and excluded it from the scope of application of the equity method, advancing the adjustment of its business portfolio.
  15. FY2020-Q2AdvancedAnnual report

    「For the business combination resulting from the acquisition of all shares of Two Ponit Studios Ltd. on 8 May 2019, the purchase price allocation was accounted for on a provisional basis during the first quarter of the current fiscal year and finalised during the second quarter. The amount of goodwill was unchanged.」

    The provisional purchase price allocation for the acquisition of Two Point Studios Ltd. was finalised in the second quarter, advancing the post-acquisition accounting process.
  16. FY2019AdvancedAnnual report

    「At a Board of Directors meeting held on 29 March 2019, the Company resolved to acquire all shares of Two Point Studios Ltd. (headquartered in Farnham, UK) through its consolidated subsidiary 株式会社セガゲームス. The acquisition was completed on 8 May 2019, and Two Point Studios Ltd. became a consolidated subsidiary.」

    The Company completed the acquisition of all shares of Two Point Studios Ltd., a developer in the Western PC gaming market, and made it a consolidated subsidiary, expanding its overseas content base through M&A.
  17. FY2019-Q3AdvancedAnnual report

    「Cash flow from investing activities during the first 3 quarters of the current fiscal year was an outflow of ¥26,652 million, compared with an outflow of ¥22,847 million in the same period of the previous fiscal year, mainly due to the expenditure of ¥5,223 million on the acquisition of shares in affiliates.」

    The Company spent ¥5,223 million on the acquisition of shares in an affiliate, demonstrating the execution of its strategy to expand the business base through share acquisitions.
  18. FY2018RestatedAnnual report

    「To efficiently strengthen its existing businesses and enter new businesses, the Group is considering and pursuing M&A, business alliances and other initiatives both in Japan and overseas.」

    The Group has reaffirmed its policy of continuing domestic and overseas M&A and business alliances as means of strengthening existing businesses and entering new markets.
  19. FY2018-Q3AdvancedAnnual report

    「GO GAME MALAYSIA SDN.BHD. was included in the scope of application of the equity method through the acquisition of shares from the third quarter of the current fiscal year.」

    GO GAME MALAYSIA in Malaysia became an equity-method affiliate through the acquisition of shares, advancing the expansion of the overseas business base through M&A and investments.
  20. FY2018-Q2AdvancedAnnual report

    「ジェイ・ネクスト・キャリア㈱ became a consolidated subsidiary through the additional acquisition of shares from the second quarter of the current fiscal year.」

    ジェイ・ネクスト・キャリア㈱ became a consolidated subsidiary through the additional acquisition of shares, advancing the expansion of the business base through M&A and alliances.
  21. FY2017-Q1AdvancedAnnual report

    「DARTSLIVE(S)PTE.LTD. became a consolidated subsidiary through the acquisition of shares from the first quarter of the current fiscal year.」

    DARTSLIVE(S)PTE.LTD. became a consolidated subsidiary through the acquisition of shares. In addition, the Company acquired all shares of Amplitude Studios SAS effective 1 July 2016, advancing the strengthening of existing businesses and expansion into new areas through M&A.
  22. FY2016First statedAnnual report

    「To efficiently strengthen its existing businesses and enter new businesses, the Group is considering and pursuing M&A, business alliances and other initiatives both in Japan and overseas.」

    The Group uses domestic and overseas M&A and business alliances to strengthen its businesses and enter new markets.
Moved together

"Maximizing the Quality of Flagship Titles and Creating Hit New Releases" moved the same way as this thread, in the same document, in 14 of its 23 moves.

1410101099★123456
  1. ★This thread
  2. 1Maximizing the Quality of Flagship Titles and Creating Hit New Releases14×
  3. 2Returning to a growth trajectory focused on margins and capital efficiency10×
  4. 3Reallocating management resources while positioning digital games as a growth area10×
  5. 4Maintaining the Benefits of Structural Reforms and Further Improving Profitability10×
  6. 5Development of Gaming Machines Addressing Regulatory Requirements and Diverse User Needs9×
  7. 6Upfront Investment and Expertise Accumulation for the Integrated Resort Business9×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Sega Sammy Holdings's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-06-01: "Softened".
Strengthening Existing Businesses and Entering New Businesses through M&A and Partnerships | SEGA SAMMY HOLDINGS INC. (6460) | Komori