Using Retained Earnings for New Markets, New Brands and M&A
First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2022: 3 of 23 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「We decided to acquire shares in the company with the aim of expanding the business domains and increasing added value of the brand business, achieving significant profit growth for our Group, and establishing a stable and robust business portfolio.」
The company has decided to acquire shares in 株式会社羅針 as a means of expanding into new business domains and strengthening its business portfolio. The stated acquisition price is ¥10,492 million, the post-acquisition ownership ratio is 97.2%, and the scheduled acquisition date is 2 December 2024. - FY2021RestatedAnnual report
「Retained earnings will be used to strengthen our management structure so that it can withstand increasingly intense competition among companies and to prepare for business expansion, including the development of new businesses and M&A, thereby improving the Group’s earnings power and strengthening its management foundation.」
The company continues to pursue a policy of using retained earnings to strengthen its management structure, develop new businesses, and pursue M&A and other initiatives. - FY2017First statedAnnual report
「We will use retained earnings to strengthen our management structure so that it can withstand increasingly intense competition among companies, and to prepare for business expansion, including developing new markets, developing new brands, and pursuing M&A.」
The company has indicated a policy of using retained earnings to strengthen its management structure, develop new markets and new brands, and pursue business expansion including M&A.