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Ushio (6925) · InitiativeAchievedLatest Results (2026-08-04): "Cited as achieved"

Agile business development through alliances and investments

First written in FY2016. 5 of 14 entries say "Advanced", first in FY2017. Latest entry: 2026-08-04.

14entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017 – FY2019-Q2OtherFY2019 – FY2020AchievedFY2023 – FY20262016: 120162017: 220172018: 220182019: 120192020: 120202021: 020212022: 020222023: 120232024: 120242025: 120252026: 42026
Same theme, other companies
Expansion of Business Scope and Earnings Base through M&A, Investment and Financing, and Capital AlliancesA theme 74 companies write about · 0 as a headwind · 74 as a tailwind

1 other company's latest entry also says "Cited as achieved".

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 74 companies compared. The sentences above are computed from all 74.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-04Cited as achievedResults

    「生成AI半導体関連の需要に牽引され、設置済み装置の稼働が堅調に推移したことで販売が増加したほか、ams-OSRAM AGの光源事業買収による効果もあり、増収となりました。」

    完了済みのams-OSRAM AG光源事業買収について、Industrial Process事業の増収要因として効果が実績に現れている。
  2. FY2026AchievedAnnual report

    「The acquisition of the ams-OSRAM group's lamp business was completed on 2 March 2026.」

    The acquisition of shares and related assets for the ams-OSRAM group's industrial and entertainment lamp business, for which an agreement was signed in the previous fiscal year, was completed on 2 March 2026.
  3. FY2026-H1AdvancedAnnual report

    「By resolution of the Board of Directors meeting held on 28 July 2025, the company decided to acquire all shares of a subsidiary to be newly established by OSRAM GmbH, a sub-subsidiary of ams-OSRAM AG, which will operate the group's industrial and entertainment lamp business, make it a subsidiary of the company, and acquire the related assets for the business from the company. The company also entered into a share and asset transfer agreement for the transaction with the ams-OSRAM AG group.」

    For the ams-OSRAM group's industrial and entertainment lamp business, an agreement was signed to acquire all shares and the related assets. The estimated total acquisition price is €88.3 million, and completion was scheduled for the fourth quarter of the fiscal year ending March 2026.
  4. FY2024AdvancedAnnual report

    「Through the business alliance with Applied Materials announced in December 2023, we will add digital lithography equipment to our product lineup, expand our market share and accelerate growth toward 2030.」

    Regarding the use of external alliances, the company moved to a specific rollout by adding digital lithography equipment to its lineup through its business alliance with Applied Materials.
  5. FY2023RaisedAnnual report

    「To this end, we will secure the resources required to propose optical solutions, including specialized personnel, and strengthen our sales channels and peripheral technologies through investments, including M&A. In addition to expanding our existing environmental sanitation solutions and healthcare businesses, we aim to create new businesses over the medium to long term.」

    The scope of M&A and investment has been expanded to include Life Science personnel, sales channels, peripheral technologies and the creation of new businesses.
  6. FY2020RestatedAnnual report

    「In addition, we will accelerate the pursuit of new growth opportunities by making use of synergy-focused M&A investments and business alliances.」

    The policy of using synergy-focused M&A investments and business alliances as means of external growth remains in place.
  7. FY2019External growth initiatives fell short of expectationsAnnual report

    「Under its synergy-focused M&A strategy, the company acquired an exposure equipment business, but the number of completed M&A transactions remained below expectations.」

    It is reported that the company acquired an exposure equipment business, while the number of completed M&A transactions fell short of expectations.
  8. FY2019-Q2AdvancedAnnual report

    「This was mainly due to proceeds of ¥5,103 million from the withdrawal of time deposits and ¥791 million from the sale and redemption of securities, together with expenditures of ¥5,652 million for time-deposit placements, ¥2,665 million for the acquisition of property, plant and equipment, ¥1,531 million for the acquisition of investment securities, and ¥935 million for the acquisition of a business.」

    In connection with business development initiatives, including alliances, investments and external growth, expenditure of ¥935 million for the acquisition of a business is reported for the cumulative second quarter.
  9. FY2018AdvancedAnnual report

    「As part of synergy-focused M&A, the company acquired an optical equipment business within the equipment business.」

    Specific progress is described in connection with the synergy-focused M&A policy, namely the acquisition of an exposure equipment business.
  10. FY2017AdvancedAnnual report

    「Changes in consolidated subsidiaries during the fiscal year were as follows: • 1 company became a consolidated subsidiary through a newly established company: USHIO MEDICAL TECHNOLOGY (SUZHOU) CO.,LTD. • 1 company became a consolidated subsidiary through the acquisition of shares: ㈱サンソリット」

    In connection with the policy of using external growth and partnerships, the establishment of a medical equipment company and the acquisition of shares in サンソリット are reported as changes in consolidated subsidiaries during the fiscal year.
  11. FY2017-Q3RestatedAnnual report

    「The Group is actively pursuing growth strategies, including M&A.」

    The company has reaffirmed that it is actively pursuing growth strategies, including M&A, as a means of external growth.
  12. FY2016First statedAnnual report

    「In addition to in-house development, we will pursue agile business development by considering business partnerships, equity investments and other options.」

    The company explicitly identifies business partnerships and equity investments as options for business development, rather than limiting itself to in-house development.
Moved together

"Expansion from Light Sources to Equipment, Systems and Solutions" moved the same way as this thread, in the same document, in 6 of its 14 moves.

665444★123456
  1. ★This thread
  2. 1Expansion from Light Sources to Equipment, Systems and Solutions6×
  3. 2Flexible Capital Policy Through Share Repurchases6×
  4. 3Maintaining and improving profitability in existing businesses5×
  5. 4Maturing light source business and low profitability in the optical equipment business4×
  6. 5Cost Structure Reform and Special Voluntary Early Retirement Program4×
  7. 6Strategic Investment in New Products, New Applications and New Business Commercialization4×

★ 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
Ushio's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the Results of 2026-08-04: "Cited as achieved".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Agile business development through alliances and investments | USHIO INC. (6925) | Komori