Entry into the model toy wholesale business through the acquisition of イリサワ as a subsidiary
First written in FY2020-Q2. 3 of 5 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021AdvancedAnnual report
「In the toy business, amid the declining birthrate, the Company integrated its Group model-toy sales divisions effective 1 April 2021 to strengthen the wholesale model-toy business, which targets older customers.」
After entering the wholesale model-toy business through the acquisition of 株式会社イリサワ as a subsidiary, the Group integrated its model-toy sales divisions on 1 April 2021 and is moving toward integrated operation of sales, logistics and information systems. - FY2021-Q2AdvancedAnnual report
「In the toy business, sales exceeded those of the same period of the previous year due to strong performance by convenience-store products, including BANDAI SPIRITS' Ichiban Kuji-related products and Demon Slayer: Kimetsu no Yaiba-related products, as well as the acquisition of the shares of 株式会社イリサワ on 1 November 2019 and entry into the wholesale model-toy business. Profit also exceeded the previous year's level, as inventory valuation losses declined amid efforts to maintain appropriate inventory levels.」
After entering the wholesale model-toy business through the acquisition of 株式会社イリサワ as a subsidiary, the toy business posted 8.2% growth in net sales and 65.5% growth in segment profit, showing a continued earnings contribution from the entry. - FY2021-Q1AdvancedAnnual report
「In the toy business, although the Company was affected by closures and shorter operating hours at commercial facilities operated by its business partners, net sales and earnings exceeded the year-earlier period. This was due to entering the model-toy wholesale business by acquiring shares in 株式会社イリサワ and making it a subsidiary on 1 November 2019, strong performance in convenience-store products, and lower selling, general and administrative expenses, including advertising costs. Net sales were ¥1,749.3 million (up 6.9% year on year), while segment profit was ¥456 million (up 79.5%).」
After entering the wholesale model-toy business through the acquisition of 株式会社イリサワ as a subsidiary, the toy business posted 6.9% growth in net sales and 79.5% growth in segment profit, showing the contribution from the new business. - FY2020-Q3AchievedAnnual report
「During the current third-quarter consolidated accounting period, the Company acquired 100% of the shares of 株式会社イリサワ and made it a consolidated subsidiary.」
The acquisition of the shares of 株式会社イリサワ and its conversion into a subsidiary were completed on 1 November 2019, resulting in an acquired voting interest of 100%. The Company has moved to the stage of entering the wholesale model-toy business and strengthening relationships with manufacturers and customers by using both companies' distribution networks. - FY2020-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 9 October 2019, the Company resolved to acquire the shares of 株式会社イリサワ and make it a subsidiary, and entered into a share transfer agreement on the same date. Under the agreement, the Company acquired the shares on 1 November 2019.」
株式会社イリサワ, a comprehensive wholesaler of model toys, became a subsidiary on 1 November 2019, with the ownership interest after the acquisition reaching 100%. The Company stated that it would use its distribution network with 株式会社イリサワ, which handles a broad range of hobby products, to build relationships with customers, strengthen cooperation with manufacturers and expand the model-toy market.