Developing new businesses
First written in FY2021-Q1. 5 of 8 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2024.
46 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「On 25 December 2023, the group acquired all shares of 株式会社ホタルクス, a lighting manufacturer, and newly included it in the scope of consolidation.」
Regarding the policy of entering new fields through M&A, the company confirmed the conversion of ホタルクス into a subsidiary as a full-year result. - FY2024-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 9 November 2023, the company resolved to acquire all shares of 株式会社ホタルクス and make it a subsidiary, and entered into a share transfer agreement on the same date. It acquired all the shares on 25 December 2023.」
Regarding the policy of entering new fields and using M&A, the acquisition of all shares of ホタルクス and its conversion into a subsidiary were completed on 25 December 2023. - FY2024-Q2AdvancedAnnual report
「We are confident that combining the expertise ホタルクス has developed over 73 years as a lighting manufacturer with our business base will generate synergies and contribute to the development of both companies through expanded sales using both companies' sales channels, development of new services using group resources, and productivity improvements drawing on our manufacturing expertise.」
Regarding the policy of entering new fields and using M&A, the company indicated that the signing of an acquisition agreement for a lighting manufacturer had given concrete form to synergies using sales channels, service development and manufacturing expertise. - FY2022AdvancedAnnual report
「6. Use and promotion of M&A: By entering new fields where the technologies and expertise held by the group can be utilized, the company will create synergies in each field, improve its business portfolio and enhance business value.」
Entry into new businesses and fields in which the company has not previously operated was given concrete form through the use of M&A and business portfolio development under the four-year medium-term management plan. - FY2021RestatedAnnual report
「We aim to use M&A and other strategies to actively enter business fields in which we have not previously operated.」
The company formalized new business development as a group strategy and indicated a policy of entering fields in which it has not previously operated through M&A. - FY2021-Q3AdvancedAnnual report
「By acquiring all shares of 株式会社パートナー, which operates an IT engineer staffing business, on 1 December 2020, it became a wholly owned subsidiary of the company. We will create new sales opportunities, including proposals for system development, for existing group customers and prospective new customers, while diversifying and improving operational efficiency by sharing resources such as recruitment support systems and generating synergies through personnel exchanges.」
Regarding the former challenge of developing new businesses, the acquisition and conversion of an IT engineer staffing company into a wholly owned subsidiary were completed, moving the company into the execution phase aimed at business diversification and improved efficiency. - FY2021-Q2AdvancedAnnual report
「Through this share acquisition, we will create new sales opportunities, including proposals for system development, for existing group customers and prospective new customers, while diversifying and improving operational efficiency by sharing resources such as recruitment support systems and generating synergies through personnel exchanges.」
The former challenge of developing new businesses has progressed to the planned acquisition of 株式会社パートナー to enter the IT field, along with specific measures such as creating sales opportunities and sharing resources. - FY2021-Q1First statedAnnual report
「Developing new businesses remains a challenge for the future.」
The company explicitly identified new business development as a future challenge, but provided no figures, deadlines or specific measures.