Expanding Business Scale through M&A
First written in FY2016. 21 of 34 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-09-17.
33 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the fiscal year, 株式会社薬師スタジオ, which operates photography studios, joined the Group in April 2025, followed in June by 株式会社ニューヨークジョーエクスチェンジ, which operates a reuse business. In March 2026, the Group also welcomed アークネット株式会社, which operates an education business.」
The Group added 3 companies in the photography, reuse and education businesses through business-succession M&A, expanding the business scope of the New Value segment. - FY2026-H1AdvancedAnnual report
「During the interim consolidated accounting period, 株式会社薬師スタジオ, which operates photography studios, joined the Group in April 2025, followed by 株式会社ニューヨークジョーエクスチェンジ in June. Both companies were acquired through business-succession M&A, which the Group is pursuing as a growth strategy, and possess proprietary technologies and extensive accumulated expertise.」
The Group added 2 companies, a photography studio operator and a reuse business, through business-succession M&A and expanded its growth businesses. - FY2025AdvancedAnnual report
「During the period of this medium-term management plan, the Group will actively pursue “succession-focused M&A” targeting small and medium-sized enterprises that possess unique technologies and expertise and support the domestic and overseas economies but face issues including a lack of successors.」
The M&A policy was given concrete form as “succession-focused M&A,” covering target companies, responses to the lack of successors, and management support after PMI. - FY2025-H1ReframedAnnual report
「The Group has identified “promoting succession-focused M&A” as a key growth strategy.」
The previous policy of expanding business scale through M&A was specifically positioned as a growth strategy in the form of “succession-focused M&A.” - FY2024-Q3AdvancedAnnual report
「In December 2023, the Company acquired shares in 灯学舎, which operates cram schools, and is working to further expand its education business.」
The Company acquired 100% of the issued shares of 灯学舎 effective 1 December 2023, executing an M&A transaction aimed at expanding the education business. - FY2023AdvancedAnnual report
「The Company also brought 東京ガイダンス株式会社 and 株式会社ＯＬＤ ＦＬＩＰ under the Group’s umbrella, further strengthened the foundation of its education business, entered the reuse business, which is expected to have strong market growth, and worked to strengthen initiatives for further growth.」
The Company made 東京ガイダンス and OLD FLIP wholly owned subsidiaries, strengthening the education business and entering the reuse business. - FY2023-Q1AdvancedAnnual report
「During the first quarter of the current consolidated fiscal year, the Company acquired all shares of 東京ガイダンス株式会社, which operates an education business, and made it a consolidated subsidiary.」
Following the acquisition of all shares of 東京ガイダンス株式会社, the Company also acquired all shares of 株式会社ＯＬＤ ＦＬＩＰ, executing M&A transactions in the education and reuse sectors. - FY2022AdvancedAnnual report
「Acquisition of 東京ガイダンス株式会社: voting rights acquired, 100%; business combination date, 2 May 2022. Acquisition of 株式会社ＯＬＤ ＦＬＩＰ: voting rights acquired, 100%; business combination date, 1 June 2022.」
As business combinations completed after the filing, 2 companies, a cram school operator and a used-clothing purchasing and sales company, were made wholly owned subsidiaries. The expansion of business areas through M&A has moved into the execution stage. - FY2021RestatedAnnual report
「While continuing to pursue investment in new businesses through its longstanding M&A strategy, the Group will actively use IT, including by strengthening customer acquisition channels through social media, to respond to changing consumer needs in its existing businesses.」
The Company has reconfirmed its policy of continuing to pursue M&A investment in new businesses. No new acquisition is described. - FY2021-Q3Cited as achievedAnnual report
「Contributions from the 2 companies newly made consolidated subsidiaries and the business acquisition in the second half of the previous fiscal year」
The consolidation of 2 companies and the business acquisition carried out in the second half of the previous fiscal year are cited as past M&A and business acquisition results that contributed to consolidated revenue for the first nine months. - FY2021-Q1Cited as achievedAnnual report
「In the beauty business, although the consolidation of 株式会社Ｌ.Ｂ.Ｇ from the third quarter of the previous fiscal year contributed to higher revenue, sales were affected by business restrictions including store closures and reduced operating hours associated with the state of emergency. Revenue was ¥441 million, down 7.7% year on year.」
The revenue contribution from making 株式会社Ｌ.Ｂ.Ｇ a consolidated subsidiary is cited as a performance factor for the beauty business in the first quarter, along with past M&A results. - FY2020AdvancedAnnual report
「During the consolidated fiscal year, the Company added 株式会社Ｌ.Ｂ.Ｇ as a beauty business subsidiary, acquired the business of 8 kimono retail stores from 株式会社かのこ in the kimono and jewelry business, and strengthened its existing businesses. It also made 株式会社マンツーマンアカデミー, which operates cram schools, a subsidiary and began developing a new business.」
The Company made Ｌ.Ｂ.Ｇ and 株式会社マンツーマンアカデミー subsidiaries and acquired 8 stores from 株式会社かのこ, simultaneously strengthening its existing businesses and developing new businesses. - FY2020-Q3AdvancedAnnual report
「Under these circumstances, while strengthening relationships of trust with existing customers by providing “software and value,” the Group actively pursued M&A, a pillar of its growth strategy. In the third quarter, it made 株式会社Ｌ.Ｂ.Ｇ, which operates 15 hair salons, a consolidated subsidiary and acquired 8 kimono and traditional Japanese accessories retail stores from 株式会社かのこ, thereby strengthening its existing businesses.」
The Company made 株式会社Ｌ.Ｂ.Ｇ, which operates 15 hair salons, a consolidated subsidiary and acquired 8 kimono and traditional Japanese accessories retail stores from 株式会社かのこ, advancing business expansion through M&A. In addition, it resolved to acquire 100% of the voting rights of 株式会社マンツーマンアカデミー and entered into an agreement, with 2 March 2020 scheduled as the acquisition date. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 21 August 2019, the Company resolved to acquire the shares of 株式会社Ｌ.Ｂ.Ｇ and make it a consolidated subsidiary effective 1 October 2019, and entered into a share transfer agreement on the same date.」
The Company acquired 52% of the voting rights of 株式会社Ｌ.Ｂ.Ｇ, which operates hair salons, effective 1 October 2019, and made it a consolidated subsidiary at an acquisition cost of ¥104 million. This gave concrete form to an M&A transaction aimed at expanding the beauty business. - FY2020-Q1Cited as achievedAnnual report
「In the beauty business, although the consolidation of 株式会社みうら from the second quarter of the previous fiscal year contributed to higher revenue, the number of stores in the existing beauty business declined by 2 year on year and customer numbers fell 5.0% year on year due to unfavorable weather and other factors. Revenue was ¥477 million, down 0.7% year on year.」
The revenue contribution from the consolidation of 株式会社みうら continues to be cited as a performance factor for the beauty business in the current quarter. - FY2019Cited as achievedAnnual report
「During the consolidated fiscal year, the Company added 株式会社みうら as a beauty business subsidiary and worked to expand the market area and services of its existing businesses. Going forward, it will focus on realizing synergies with its existing beauty business and pursue an M&A strategy covering a broad range of fields beyond existing retail and service businesses, using its enhanced investment capacity and accumulated business revitalization expertise to improve the Group’s earnings power and achieve growth.」
The acquisition of 株式会社みうら is cited as an example of business expansion, while the policy of pursuing M&A beyond the existing retail and service businesses continues. - FY2019-Q3Cited as achievedAnnual report
「In the beauty business, the Company opened 1 new store and closed 1 store during the first nine months of the current consolidated fiscal year. In addition, 株式会社みうら, which operates 3 nail salons in Tokyo, became a consolidated subsidiary on 1 July 2018.」
The consolidation of the 3 Tokyo nail salons acquired through the acquisition of 株式会社みうら continues to be cited as a concrete example of expanding the beauty business through M&A. - FY2019-Q2Cited as achievedAnnual report
「At a meeting of the Board of Directors held on 15 June 2018, the Company resolved to acquire the shares of 有限会社みうら and completed the acquisition on 1 July 2018. 有限会社みうら changed its corporate name to 株式会社みうら on 17 August 2018.」
The acquisition of 有限会社みうら to expand the service formats of the beauty business was reflected in the results and performance as a consolidated subsidiary in the current quarter. The voting rights acquisition ratio was 100%, and the acquisition cost was ¥61.975 million. - FY2019-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 15 June 2018, the Company resolved to acquire the shares of 有限会社みうら and completed the acquisition on 1 July 2018.」
The Company acquired 有限会社みうら on 1 July 2018 to expand the service formats of its beauty business, advancing its M&A expansion into the nail salon business. The voting rights acquisition ratio was 100%. - FY2018RaisedAnnual report
「The Group will actively pursue the development of new businesses expected to expand earnings through M&A, a pillar of its growth strategy. Alongside efforts to expand the market areas of existing businesses, it will pursue an M&A strategy using its enhanced investment capacity and accumulated business revitalization expertise, while considering a broad range of fields beyond retail and services, with the aim of improving the Group’s earnings power and achieving growth.」
The Company announced a policy of expanding its M&A targets beyond the traditional retail and service sectors into a broad range of fields. It also resolved to acquire 100% of the voting rights of 有限会社みうら, with 1 July 2018 scheduled as the acquisition date, thereby giving concrete form to its expansion into the nail salon business. - FY2018-Q3RestatedAnnual report
「These business reorganizations constituted a “selection and concentration” strategy aimed at initially concentrating the Group’s businesses substantially in beauty and kimono and jewelry, efficiently reallocating management resources, enabling the active pursuit of M&A involving other retail and service businesses, creating a new business model and accelerating the pace of growth.」
Following the concentration on beauty and kimono and jewelry, the Group continues to position M&A involving other retail and service businesses as a growth initiative. - FY2018-Q1ReframedAnnual report
「The Company implemented a “selection and concentration” strategy to create a new business model and accelerate growth by efficiently reallocating management resources while enabling the active pursuit of M&A involving other retail and service businesses.」
After exiting the sports and wholesale businesses and concentrating on beauty and kimono and jewelry, the policy of expanding business scale through M&A was repositioned as a growth initiative targeting other retail and service businesses. - FY2017AdvancedAnnual report
「During the current fiscal year, the Group acquired the business of the horizontal knit planning and sales division from イエリデザインプロダクツ株式会社 in the wholesale business and worked to expand its business operations.」
The acquisition of the horizontal knit planning and sales division was completed, advancing business expansion through M&A and business acquisitions. - FY2017-Q3RestatedAnnual report
「The Group aims to expand its business scale through active M&A and added new consolidated subsidiaries in the kimono and jewelry and wholesale businesses in the previous fiscal year. During the current quarter, in the wholesale business, it acquired the business of the horizontal knit planning and sales division from イエリデザインプロダクツ株式会社 and worked to expand its business operations.」
The policy of expanding business scale through M&A and the business acquisition described in the previous quarter continue to be presented as measures to expand the business. - FY2017-Q2AdvancedAnnual report
「The Group aims to expand its business scale through active M&A and added new consolidated subsidiaries in the kimono and jewelry and wholesale businesses in the previous fiscal year. During the current quarter, in the wholesale business, it acquired the business of the horizontal knit planning and sales division from イエリデザインプロダクツ株式会社 and worked to expand its business operations. For the first half of the current consolidated fiscal year, consolidated revenue was ¥12,536 million, up 20.3% from the same quarter of the previous year, partly due to contributions from the new subsidiaries.」
In addition to ongoing M&A, the Group acquired the business of the horizontal knit planning and sales division, with revenue increasing 20.3% from the same quarter of the previous year. - FY2017-Q1AdvancedAnnual report
「The Group aims to expand its business scale through active M&A, and added new consolidated subsidiaries in the kimono and jewelry and wholesale businesses in the previous fiscal year. For the first quarter of the current consolidated fiscal year, consolidated revenue was ¥6,076 million, up 21.2% from the same quarter of the previous year, partly due to contributions from the new subsidiaries.」
The contribution from new M&A subsidiaries was reflected in a 21.2% year-on-year increase in consolidated revenue, indicating progress in business expansion. - FY2016First statedAnnual report
「Business expansion through the full-scale implementation of the M&A strategy」
M&A is positioned as a Group-wide growth strategy.