Entry into a New Business Area Through M&A in the Reinforcing-Bar Processing Industry
First written in FY2020. 8 of 13 entries say "Advanced", first in FY2024-Q1. Latest entry: 2026-08-21.
0 other companies' latest entry also says "Cited as achieved".
- 2026-08-21Cited as achievedFinancial results presentation
「従来より取り組んでいる各拠点における在庫充実と加工設備の強化ならびに配送体制の強化に加えて、三友鋼材株式会社の株式を取得する等、販売数量増加と収益向上に向けた事業展開を実施」
三友鋼材株式会社の株式取得を、販売数量増加と収益向上に向けた事業展開の一部として実績引用した。 - FY2026AdvancedAnnual report
「June 2025 Acquired shares in 中央鋼材株式会社 (Suminoe-ku, Osaka) and made it a subsidiary September 2025 Acquired shares in 丸み興商株式会社 (Toyohashi, Aichi) and made it a subsidiary May 2026 Acquired shares in 三友鋼材株式会社 (Takamatsu, Kagawa) and made it a subsidiary」
Based on its M&A strategy, the company successively acquired 中央鋼材, 丸み興商, and 三友鋼材 and made them subsidiaries. - FY2026-H1Outlays for the acquisition of shares in affiliated companiesAnnual report
「This was mainly attributable to outlays of ¥4.537 billion for the acquisition of property, plant and equipment and ¥706 million for the acquisition of shares in affiliated companies.」
During the interim period, the company recorded an outlay of ¥706 million for the acquisition of shares in affiliated companies. The acquisition target and specific business area were not specified in the body of the text. - FY2025RaisedAnnual report
「Industry consolidation is accelerating in the steel and building materials distribution industry, and the company will regard this as an opportunity and pursue an active M&A strategy. The company will invest proactively and flexibly in transactions expected to exceed its cost of capital, focusing on acquiring companies and businesses that will expand its presence into areas where it has not yet operated, increase market share by improving customer convenience through deeper penetration into processing, and contribute to the expansion of its contracting business.」
The scope of the strategy was expanded from acquiring individual processing companies to an active M&A strategy targeting areas where the company has not yet operated, processing operations, and the contracting business. - FY2024-Q3AdvancedAnnual report
「In the business combination with 株式会社ヤマサ conducted on 24 November 2022 (deemed acquisition date: 31 December 2022), provisional accounting treatment had been applied in the previous consolidated fiscal year, but was finalized during the third quarter consolidated accounting period under review. As a result of finalizing this provisional accounting treatment, significant revisions to the initial allocation of the acquisition cost were reflected in the comparative information included in the quarterly consolidated financial statements for the cumulative third quarter under review. As a result, the provisionally calculated goodwill of ¥268 million decreased by ¥40 million upon finalization of the accounting treatment, to ¥228 million.」
For the business combination with 株式会社ヤマサ, the provisional accounting treatment for the allocation of the acquisition cost was finalized, and goodwill was revised from ¥268 million to ¥228 million. - FY2024-Q2AdvancedAnnual report
「As the company acquired shares in 興永鋼材株式会社 during the second quarter consolidated accounting period, the company included it within the scope of consolidation.」
Regarding the acquisition of 興永鋼材株式会社, the company actually included it within the scope of consolidation as a consolidated subsidiary from the second quarter consolidated accounting period. It disclosed an acquisition cost of ¥1.9 billion, an acquired voting-rights ratio of 100%, and provisional goodwill of ¥155 million. - FY2024-Q1AdvancedAnnual report
「The company resolved to enter into a share transfer agreement to acquire all of the issued shares of 興永鋼材株式会社 (head office: Hiroshima), entered into the agreement on 30 June 2023 based on that resolution, acquired the shares on 31 July 2023, and, as a result of the acquisition, 興永鋼材株式会社 became a consolidated subsidiary of the company.」
The company disclosed a specific M&A transaction involving 興永鋼材株式会社, which operates a steel plate processing and sales business, under which it entered into an agreement to acquire all of the issued shares on 31 July 2023. The acquisition cost was ¥1.9 billion and the percentage of voting rights acquired was 100%. - FY2023-Q2Payments for acquisition of shares in subsidiaries incurredAnnual report
「Cash used in investing activities amounted to ¥2,134 million, compared with ¥3,504 million used in the same period of the previous year. This was mainly attributable to ¥1,863 million in expenditures for the acquisition of property, plant and equipment and ¥240 million in expenditures for the acquisition of shares in subsidiaries.」
The company recorded an outlay of ¥240 million for the acquisition of shares in a subsidiary. The body of the text does not specify the acquisition target or its relationship to entry into a new field following the M&A of 森田鋼材株式会社. - FY2020First statedAnnual report
「At each location, we actively invested in facilities, including expanding primary processing facilities for steel products to meet customer needs and increase value added. We also entered new fields, including through the acquisition of Morita Kozai Co., Ltd., a reinforcing-bar processor.」
The company acquired 森田鋼材株式会社, which operates in the rebar processing industry, through M&A and entered a new field in addition to expanding its existing steel product sales and processing facilities.