Diversifying Revenue Sources Through New Businesses and Business Reorganization
First written in FY2016. 10 of 26 entries say "Advanced", first in FY2019. Latest entry: FY2026.
88 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「M&A projects related to amusement facilities progressed, resulting in revenue of ¥2.010 billion, an increase of ¥2.010 billion year on year, and segment profit of ¥1.712 billion, compared with a segment loss of ¥157 million in the previous fiscal year.」
A transaction in the M&A consulting business, which had recorded no revenue in the previous fiscal year, was completed, resulting in revenue of ¥2,010 million and segment profit of ¥1,712 million. - FY2026-H1Priority given to acquiring income-producing properties resulted in no M&A revenueAnnual report
「During the interim consolidated accounting period, we focused in part on acquiring income-producing properties, so no revenue or other amounts were recorded. However, we are operating with a view to contributing to the business in the future through new real estate acquisitions.」
The policy of developing and brokering M&A consulting transactions remains unchanged. However, as priority was given to acquiring income-producing properties during the interim consolidated accounting period, no revenue or other amounts were recorded, and operations are being conducted with a view to future contributions from new real estate acquisitions. - FY2025Priority given to acquiring income-producing properties resulted in no revenue for the yearAnnual report
「During the fiscal year, we focused in part on acquiring income-producing properties, so no revenue or other amounts were recorded. However, a review of the allocation method based on the cost drivers for segment profit resulted in segment expenses being incurred and a segment loss being recorded.」
The policy of developing and brokering M&A consulting transactions remains unchanged. However, as priority was given to acquiring income-producing properties, no revenue or other amounts were recorded for the fiscal year, resulting in a segment loss. - FY2025-H1Priority given to acquiring income-producing properties resulted in no recorded revenueAnnual report
「During the interim consolidated accounting period, we focused in part on acquiring income-producing properties, so no revenue or other amounts were recorded. However, a review of the allocation method based on the cost drivers for segment profit resulted in segment expenses being incurred and a segment loss being recorded.」
The policy of developing and brokering M&A consulting transactions remains unchanged. However, as priority was given to acquiring income-producing properties during the interim consolidated accounting period, no revenue or other amounts were recorded and a segment loss was reported. - FY2024AchievedAnnual report
「During the fiscal year, the large M&A transaction that had remained under consideration since the second quarter closed successfully. As a result, revenue was ¥3,636 million and segment profit was ¥3,072 million for the fiscal year.」
The large M&A transaction that had not been completed through the previous quarter closed, generating revenue of ¥3,636 million and segment profit of ¥3,072 million in the M&A consulting business. - FY2024-Q3Large M&A transaction progressed but was not completedAnnual report
「During the cumulative nine-month period, the large M&A transaction that had remained under consideration since the second quarter progressed smoothly but had not yet reached closing. Consequently, no revenue or other accounting figures were recorded.」
The large M&A transaction carried over from the second quarter progressed, but did not reach closing and was not recorded in revenue or other amounts for the quarter. - FY2024-Q2RestatedAnnual report
「The Group operates a new form of M&A consulting business in which it takes risk as the buyer in the form of a real estate owner and commits to the seller while developing and brokering M&A transactions. During the cumulative six-month period, several transactions remained in progress, and no revenue or other amounts were recorded.」
The Group continues to develop and broker M&A transactions while taking risk as a real estate owner and committing to the seller. Several transactions remained in progress, and no revenue or other amounts were recorded for the cumulative period. - FY2024-Q1Consulting matters did not result in recorded revenueAnnual report
「During the cumulative first-quarter period, we received several inquiries. However, as they were ultimately addressed through off-balance-sheet treatment and other measures, no revenue or other amounts were recorded.」
Although there were multiple inquiries concerning M&A consulting transactions, they were addressed through off-balance-sheet treatment and other measures during the quarter, and no revenue or other amounts were recorded. - FY2023AdvancedAnnual report
「In this business segment, the completion of a transaction that had been under development since fiscal 2021 resulted in revenue of ¥1,478 million and segment profit of ¥1,094 million for the fiscal year. In addition to independently addressing the previous needs for real estate off-balance-sheet treatment, the Group will continue to promote a new form of M&A consulting business. It will develop and broker M&A transactions by taking risk as the buyer in the form of a real estate owner and committing to the seller, amid growing needs among hall operators wishing to sell both real estate and goodwill.」
An M&A transaction pursued since fiscal 2021 was completed, generating revenue of ¥1,478 million and segment profit of ¥1,094 million in the M&A consulting business. The company also indicated that it would continue developing and brokering transactions in the new format. - FY2023-Q3AdvancedAnnual report
「In this business segment, the completion of a transaction that had been under development since mid-2021 resulted in revenue of ¥1,478 million and segment profit of ¥1,114 million for the cumulative nine-month period ended the third quarter. In addition to independently addressing the previous needs for real estate off-balance-sheet treatment, the Group will promote a new form of M&A consulting business. It will develop and broker M&A transactions by taking risk as the buyer in the form of a real estate owner and committing to the seller, amid growing needs among hall operators wishing to sell both real estate and goodwill. At a meeting of the Board of Directors held on 23 January 2023, the company resolved to carry out an absorption-type merger, effective 1 March 2023, with JALCO Co., Ltd., a wholly owned consolidated subsidiary, as the surviving company and JALCO AMUSEMENT SERVICE Co., Ltd. (JAS), also a wholly owned consolidated subsidiary, as the absorbed company. The purpose is to improve the efficiency of Group management and strengthen the business base and sales capabilities.」
An M&A transaction pursued since mid-2021 was completed, generating revenue of ¥1,478 million and segment profit of ¥1,114 million in the M&A consulting business. The company also resolved to carry out, effective 1 March 2023, an absorption-type merger with JALCO as the surviving company and JAS as the absorbed company, giving concrete form to a business reorganisation aimed at improving the efficiency of Group management and strengthening the business base. - FY2023-Q2RestatedAnnual report
「In addition to continuing development projects for real estate intended for large logistics facilities and other properties, we are pursuing sales activities that will contribute to future revenue growth. These include developing and brokering transactions, including in cooperation with other companies, in response to the growing needs of hall operators seeking to sell both real estate and goodwill, namely the increase in M&A-related transactions, in addition to addressing their previous needs concerning real estate off-balance-sheet treatment.」
The policy of expanding revenue sources through the development and brokering of M&A transactions, including in cooperation with other companies, remains unchanged, alongside the continued development of real estate for large logistics facilities. No newly completed transactions were reported. - FY2023-Q1AdvancedAnnual report
「In addition to continuing development projects for real estate intended for large logistics facilities and other properties, we are pursuing sales activities that will contribute to future revenue growth. These include developing and brokering M&A transactions, including in cooperation with other companies, in response to the growing needs of hall operators seeking to sell both real estate and goodwill, in addition to addressing their previous needs to take real estate off the balance sheet on a standalone basis.」
In addition to M&A and consulting derived from the traditional money-lending business, the company gave concrete form to its expansion into developing and brokering M&A transactions, including through cooperation with other companies. The target needs are those of hall operators wishing to sell both real estate and goodwill. - FY2022-Q3ReframedAnnual report
「The Other category comprises business segments not included in the reportable segments. It consists of the real estate sales business, rental business, intellectual property-related business, brand usage fees for electronic components, and depreciation and operating expenses related to the system for the used gaming machine trading website.」
The description of the Other category after SUNTAC was excluded from consolidation changed to a structure including the real estate sales business and intellectual property-related business. The business composition for diversifying revenue sources was presented again. - FY2021ReframedAnnual report
「However, SUNTAC's performance fell short of the initial assumptions in the fiscal year ended March 2021, owing to delays in product sales and the postponement of the introduction of management gaming machines, among other factors. Accordingly, we revisited the need for the amusement service equipment business within the Group. As a result, we concluded that the business offered less synergy than initially expected with the Group's other businesses, particularly its financial business, and that it would be difficult to achieve the original purpose for which we acquired SUNTAC's shares.」
Regarding revenue diversification through SUNTAC, the policy changed from continuing the business within the Group to selling the shares and making effective use of the funds, due to delays in product sales and insufficient synergies. - FY2021-Q3AdvancedAnnual report
「This business segment develops, manufactures and sells amusement service equipment and related products. In the cumulative nine-month period ended the third quarter, it reported revenue of ¥238 million and segment profit of ¥10 million. Going forward, the Group expects to increase its market share in the amusement industry, including through its financial services, and to make a significant contribution to Group earnings.」
Following SUNTAC's consolidation as a subsidiary, the development, manufacturing and sales business for amusement service equipment was added as a new revenue source, recording revenue of ¥238 million and segment profit of ¥10 million for the cumulative period. The company also outlined a policy of increasing market share by combining the business with its financial services. - FY2021-Q2AdvancedAnnual report
「The Other segment comprises business segments not included in the reportable segments, including brand usage fees for electronic components, depreciation and operating expenses for the system supporting a used gaming-machine trading website, and success fees under advisory agreements.」
Success fees related to advisory agreements were recorded under Other, documenting the expansion of revenue sources derived from existing businesses. - FY2021-Q1AdvancedAnnual report
「The company will identify needs through SUNTAC's extensive network of field contacts (1,230 stores) using bottom-up sales, and make comprehensive proposals to management based on the company's money-lending, real estate and M&A tools through top-down sales.」
The partnership with SUNTAC provides a concrete path to expanding revenue opportunities through comprehensive proposals using the existing money-lending, real estate and M&A tools. - FY2020RestatedAnnual report
「In the M&A and consulting business, the company will actively pursue M&A and consulting businesses derived from its money-lending business.」
The policy of actively expanding M&A and consulting businesses derived from the money-lending business remains in place. - FY2019AdvancedAnnual report
「In the M&A and consulting business, proposals for M&A transactions made through the money-lending business resulted in the transfer of multiple stores, generating fee income for the company. The company will continue to actively pursue M&A and consulting businesses derived from its money-lending business.」
Proposals for M&A transactions derived from the money-lending business resulted in the transfer of multiple stores and generated fee income. The company plans to continue actively expanding its M&A and consulting businesses. - FY2019-Q3RestatedAnnual report
「The Other segment comprises business segments not included in the reportable segments, including brand usage fees for electronic components, depreciation and operating expenses for the system supporting a used gaming-machine trading website, and success fees under advisory agreements.」
In connection with diversifying revenue sources under the holding-company structure, the company continues to disclose that due diligence expenses related to the M&A business are included in the Other segment. - FY2019-Q2M&A-related due diligence expenses recordedAnnual report
「The Other segment comprises business segments not included in the reportable segments, including brand usage fees for electronic components, depreciation and operating expenses for the system supporting a used gaming-machine trading website, and due diligence expenses related to the M&A business, among other items.」
This was the first specific disclosure that due diligence expenses related to the M&A business are included in the Other segment. - FY2017RestatedAnnual report
「Under its holding-company structure, the company will make maximum use of the advantages of its management structure, which enables it to make agile decisions on selecting and focusing its business domains, including launching new businesses and restructuring existing businesses, and will enhance the corporate value of the group as a whole by expanding revenue opportunities efficiently and at speed.」
The policy of diversifying revenue sources through new businesses and business restructuring under the holding-company structure remains in place. - FY2016First statedAnnual report
「The company will make maximum use of the advantages of its management structure, which enables it to make agile decisions on selecting and focusing its business domains, including launching new businesses and restructuring existing businesses, and will enhance the corporate value of the group as a whole by expanding revenue opportunities efficiently and at speed.」
The company plans to use its holding-company structure to expand revenue opportunities through new business launches and business restructuring.