Strengthening ground-improvement construction capabilities through the acquisition of 岩水開発 as a wholly owned subsidiary
First written in FY2023. 5 of 12 entries say "Cited as achieved", first in FY2024-Q2. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1Cited as achievedAnnual report
「The acquisition of the business was completed effective 1 June 2026 under the agreement. …Consideration for acquisition: cash and deposits ¥830 million …Amount of goodwill recognised ¥733 million」
Regarding Iwamizu Kaihatsu’s acquisition of JFD Engineering’s ground-engineering technology business, the company disclosed accounting details after completion, including consideration of ¥830 million and goodwill of ¥733 million. - 2026-08-06AchievedResults
「当契約に基づき2026年6月1日付で事業の譲受を完了いたしました。」
岩水開発によるJFDエンジニアリングの地盤テック事業の譲受完了を開示している。 - FY2026AdvancedAnnual report
「JFD Engineering can handle ground-improvement and foundation construction work nationwide, whereas 岩水開発 is primarily active in the Chugoku and Shikoku regions. We therefore decided to acquire the ground-tech business from 岩水開発, believing that this would generate strong synergies in expanding its business. / Under the agreement, the acquisition of the business was completed on 1 June 2026.」
To strengthen 岩水開発's ground-improvement and foundation construction capabilities, JFD Engineering acquired its ground-tech business for ¥830 million, giving concrete form to nationwide expansion and the creation of synergies. In addition, all shares of 株式会社安藤 were acquired for ¥170 million. - FY2025Cited as achievedAnnual report
「The construction materials field recorded higher sales due to steady project acquisition and the contribution from Iwasui Kaihatsu Co., Ltd., which was consolidated as a subsidiary in June 2023 and contributed for 8 months in the previous fiscal year versus 12 months in the current fiscal year.」
The acquisition of 岩水開発 as a subsidiary contributed 12 months of results in the current period and was cited as a factor behind higher revenue in the construction materials business. - FY2025-H1Cited as achievedAnnual report
「Revenue in the construction materials business increased as a result of winning large-scale projects and because 岩水開発株式会社, which became a consolidated subsidiary in June 2023, contributed for 6 months in the current period compared with 2 months in the same period of the previous year.」
The contribution from making 岩水開発 a consolidated subsidiary increased from 2 months in the same period of the previous year to 6 months in the current period, contributing to higher revenue in the construction materials business together with the winning of large-scale projects. - FY2024-Q3Cited as achievedAnnual report
「In addition, revenue and profit increased as a result of making 新エネルギー流通システム㈱ and 岩水開発㈱ consolidated subsidiaries.」
The completed acquisitions of 新エネルギー流通システム and 岩水開発 as consolidated subsidiaries were cited as having contributed to higher revenue and profit in the building materials segment. - FY2024-Q2Cited as achievedAnnual report
「In addition, revenue and profit increased as a result of making 新エネルギー流通システム㈱ and 岩水開発㈱ consolidated subsidiaries.」
The completed acquisitions of 新エネルギー流通システム and 岩水開発 as subsidiaries are cited as having contributed to higher revenue and profit in the building materials segment. - FY2024-Q1AchievedAnnual report
「On 2 June 2023, we acquired all shares of 岩水開発株式会社 (hereinafter, 岩水開発) and made it a subsidiary. As a result of making 岩水開発株式会社 a subsidiary, its subsidiary 株式会社ナルトエスピー工業 became our sub-subsidiary. / Voting rights acquired: 100% / Consideration for the acquisition: cash and deposits, ¥5,000 million」
The planned acquisition of 岩水開発 disclosed in the previous filing was completed on 2 June 2023 through the acquisition of all shares and its conversion into a subsidiary. As a result, its subsidiary ナルトエスピー工業 also became a sub-subsidiary. - FY2023AchievedAnnual report
「At a meeting of the Board of Directors held on 23 May 2023, we resolved to acquire all shares of 岩水開発株式会社 and make it a consolidated subsidiary. / Date of business combination: 2 June 2023 (share acquisition date). / Voting rights to be acquired: 100%. / Consideration for the acquisition: cash and deposits, ¥5,000 million.」
After the end of the consolidated fiscal year, 岩水開発, which conducts ground surveys, ground-improvement construction and related activities, was acquired on 2 June 2023. The acquisition is intended to drive growth through its strong construction capabilities and synergies with the building materials business.