Active Investment, Including M&A
First written in FY2021. 6 of 20 entries say "Advanced", first in FY2022-Q2. Latest entry: 2026-08-14.
The whole theme swung hardest in 2025: 4 of 49 companies on the "Worse" side.
26 other companies' latest entry also says "Advanced".
- FY2026RestatedAnnual report
「On 20 August 2025, a tender offer for 株式会社キャストリコ was conducted through simplified share delivery, a business combination through share delivery was implemented with us as the share-delivery parent company and 株式会社キャストリコ as the share-delivery subsidiary, and 株式会社キャストリコ was made a subsidiary.」
The annual report also confirms that the business combination to make 株式会社キャストリコ a subsidiary has been completed. - FY2026-H1AchievedAnnual report
「On 20 August 2025, we conducted a tender offer for 株式会社キャストリコ through simplified share delivery, implemented a business combination through share delivery with us as the share-delivery parent company and 株式会社キャストリコ as the share-delivery subsidiary, and made 株式会社キャストリコ a subsidiary.」
The plan to make 株式会社キャストリコ a subsidiary, approved in the previous fiscal year, was implemented through share delivery on 20 August 2025. The voting rights ratio after the acquisition was 52.06%. - FY2025AdvancedAnnual report
「At a meeting of the Board of Directors held on 6 June 2025, we resolved to acquire the common shares of the target company through a tender offer under the Financial Instruments and Exchange Act, as a transaction intended to make 株式会社キャストリコ, our equity-method associate, a consolidated subsidiary of the tender offeror.」
With respect to the investment policy, including M&A, a tender offer and share delivery to make 株式会社キャストリコ a consolidated subsidiary were approved. The tender offer period was from 23 June to 4 August 2025, and the transaction was described as aiming for full ownership and the provision of DX solutions. - FY2025-H1Increase in share of profit of investments accounted for using the equity methodAnnual report
「Equity-method investment income 6,754 8,547」
Equity-method investment income increased from ¥6.754 million in the same period of the previous year to ¥8.547 million. - FY2024Reduction in loss on equity-method investmentsAnnual report
「The principal components of our group’s working capital needs are operating expenses, including manufacturing costs, selling expenses, and general and administrative expenses, in the industrial furnace combustion equipment business, as well as funds for investments in M&A, new businesses and pure investment activities.」
Investments in M&A, new businesses and pure investment activities continue to be identified as funding needs. Meanwhile, the equity-method investment loss decreased from ¥25.438 million in the previous year to ¥6.029 million. - FY2024-Q3Change from share of loss to share of profit on investments accounted for using the equity methodAnnual report
「Non-operating income Equity-method investment income － 5,204 Non-operating expenses Equity-method investment loss 13,968 －」
Compared with the equity-method investment loss of ¥13.968 million recorded in the same period of the previous year, equity-method investment income of ¥5.204 million was recorded for the current cumulative quarter. - FY2024-Q2Decline in Equity-Method Investment GainsAnnual report
「Equity-method investment income 14,249 6,754」
Equity-method investment income decreased from ¥14.249 million in the same period of the previous year to ¥6.754 million. - FY2024-Q1Increase in Equity-Method Investment LossesAnnual report
「Equity-method investment loss 1,778 14,033」
The equity-method investment loss increased from ¥1.778 million in the same quarter of the previous year to ¥14.033 million, and was recorded as a factor weighing on ordinary profit for the quarter. - FY2023Becoming a material associate and recognizing equity-method investment losses for the full yearAnnual report
「The amount was ¥138 million, down 7.9% year on year, mainly because an equity-method investment loss was recorded as a result of increased upfront investment and other costs at 株式会社ウェブ, an equity-method associate.」
As a result of investments in M&A and new businesses, equity-method investment losses at 株式会社ウェブ and other companies affected full-year results. 株式会社トリプルワン became a material associate. - FY2023-Q3Recognition of an Equity-Method Investment LossAnnual report
「Equity-method investment loss － 13,968」
An equity-method investment loss of ¥13.968 million was recorded for the nine-month consolidated cumulative period in relation to equity-method investees, including 株式会社トリプルワン. - FY2023-Q2AdvancedAnnual report
「In addition, during the second-quarter consolidated accounting period, we acquired shares of 株式会社トリプルワン and consequently included the company within the scope of the equity method.」
In line with the investment policy for M&A and new business-related activities, shares of 株式会社トリプルワン were acquired in the second quarter, and the company became an equity-method investee. - FY2023-Q1Recognition of Equity-Method Investment LossesAnnual report
「Equity-method investment loss 3,801 1,778」
An equity-method investment loss of ¥1.778 million relating to equity-method investees was recorded as a non-operating expense in the first quarter. - FY2022RestatedAnnual report
「We are also actively pursuing investments for M&A, new business-related activities and investments for pure investment purposes.」
The annual report also states the policy of actively investing in M&A, new businesses and pure investment activities. 株式会社ウェブ continues to be an equity-method associate. - FY2022-Q3AdvancedAnnual report
「During the third-quarter consolidated accounting period, we acquired shares of 株式会社ウェブ and consequently included the company within the scope of the equity method.」
It has been confirmed that 株式会社ウェブ, acquired in the previous quarter, was included within the scope of the equity method from the current quarter. - FY2022-Q2AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors dated 8 October 2021, we acquired 60 shares (30.0%) of 株式会社ウェブ out of its 200 issued shares on the same date.」
As part of the policy of actively pursuing investments, including M&A, a specific investment was made on 8 October 2021 to acquire 60 shares of 株式会社ウェブ, representing a 30% ownership interest. The acquisition price was ¥287.640 million, and the stated objectives were to diversify the business and secure stable earnings. - FY2021First statedAnnual report
「Funding needs for investment currently arise from capital expenditures and other items, but going forward we plan to actively pursue M&A and other investments as well.」
The policy of actively pursuing M&A in addition to capital expenditures was explicitly stated for the first time in the explanation of funding needs.