Considering M&A opportunities to develop new technologies and secure new sales channels in the steel pipe and stainless steel sectors
First written in FY2024. 1 of 4 entries say "Advanced", first in FY2026-H1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「The company decided to acquire the shares of 三宅金属株式会社 in order to inherit the stainless steel processing technology and broad customer base that the company has built, generate synergies within the Group to strengthen and grow the stainless steel business, and advance initiatives to enhance Group value as targeted under Long-Term Vision 2033 and Medium-Term Management Plan 2026. Business combination date: 2 July 2025. Voting rights acquired: 100.00%.」
Regarding the conversion of 三宅金属株式会社 into a wholly owned subsidiary, the company disclosed accounting details including the business combination date, voting rights acquired, acquisition cost of ¥482 million, and goodwill of ¥164 million. - 2026-05-13AchievedEarnings
「During the consolidated fiscal year, we acquired all shares of Miyake Metal Co., Ltd. and included the company in the scope of consolidation.」
The acquisition of all shares of Miyake Metal Co., Ltd. and its inclusion as a consolidated subsidiary were confirmed as completed in the full-year results, marking the completion of the M&A process after the consideration phase. - FY2026-H1AdvancedAnnual report
「The company decided to acquire the shares of 三宅金属株式会社 in order to inherit the stainless steel processing technology and broad customer base that the company has built, generate synergies within the Group to strengthen and grow the stainless steel business, and advance initiatives to enhance Group value as targeted under Long-Term Vision 2033 and Medium-Term Management Plan 2026. Business combination date: 2 July 2025 Voting rights acquired: 100.00%」
The consideration of M&A to acquire new technologies and sales channels progressed to the execution stage through the acquisition of all shares of 三宅金属株式会社 and its conversion into a wholly owned subsidiary. The company stated that it aims to strengthen and grow its stainless steel business by incorporating the target's stainless steel processing technology and customer base. - FY2024First statedAnnual report
「(Steel pipe and stainless steel businesses) Gathering information on and considering M&A to acquire new technologies and sales channels」
As a growth strategy under Medium-Term Management Plan 2026, the company has, for the first time, expressly stated that it is gathering information on and considering M&A to acquire new technologies and sales channels.