M&A execution through the acquisition of 2 companies as subsidiaries
First written in FY2016. 4 of 5 entries say "Cited as achieved", first in FY2017-Q1. Latest entry: FY2017.
No other company in this theme has enough history to compare yet.
- FY2017Cited as achievedAnnual report
「Partly because the subsidiaries added through M&A in the previous fiscal year performed strongly, sales were ¥26,328 million, up 10.7% year on year.」
The performance of the companies made subsidiaries in the previous fiscal year is cited as a factor behind the increase in consolidated sales for the current fiscal year. - FY2017-Q3Cited as achievedAnnual report
「In the kimono and jewelry business, 株式会社すずのき, which became a subsidiary in the previous fiscal year, performed steadily, contributing to a substantial increase in sales and profit. Sales were ¥7,935 million, up 66.2% year on year, and segment profit was ¥223 million, up 119.4%.」
The addition of すずのき as a subsidiary in the previous fiscal year is cited as contributing to the current quarter's results, with sales up 66.2% and segment profit up 119.4%. - FY2017-Q2Cited as achievedAnnual report
「In the kimono and jewelry business, 株式会社すずのき, which became a subsidiary in the previous fiscal year, performed steadily, contributing to a substantial increase in sales and profit. Sales were ¥5,333 million, up 66.8% year on year, and segment profit was ¥187 million, up 167.8%.」
The addition of すずのき as a subsidiary in the previous fiscal year is cited again as the basis for the substantial increase in sales and profit in the current quarter. - FY2017-Q1Cited as achievedAnnual report
「In the kimono and jewelry business, sales increased substantially to ¥2,556 million, up 71.3% year on year, and segment profit was ¥28 million, compared with a segment loss of ¥38 million in the same quarter of the previous year, partly because 株式会社すずのき, which became a subsidiary in the previous fiscal year, performed steadily. In the wholesale business, 株式会社吉利, whose business was acquired in the previous fiscal year, contributed to sales of ¥1,532 million, up 10.0% year on year.」
The addition of すずのき as a subsidiary and the acquisition of 吉利's business in the previous fiscal year are cited as factors behind the increase in sales and profit improvement in the current quarter. - FY2016First statedAnnual report
「During the fiscal year, we newly made 2 companies subsidiaries.」
The company stated that 株式会社吉利 and 株式会社すずのき had been made consolidated subsidiaries.