Entry into the nursing-care business through making サンネットワークリブ a subsidiary
First written in FY2019. 10 of 23 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2027-H1.
1 other company's latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「Revenue and profit in the rental division increased owing to the newly consolidated results of ケアレックス株式会社.」
The newly consolidated results following the acquisition of ケアレックス as a subsidiary to expand its wholesale rental business for caregiving equipment contributed to higher revenue and profit in the trading business. - FY2026AdvancedAnnual report
「In addition, in the rental division, the effects of upfront investment in rental equipment by a Group company handling nursing care products emerged, and revenue increased. Profit, however, reflected the recognition of costs associated with bringing ケアレックス株式会社 into the Group.」
In the nursing care business, the Company recorded the effects of rental equipment investment by an existing Group company and brought ケアレックス into the Group, resulting in higher revenue and the incurrence of initial consolidation costs. - FY2025-Q1RestatedAnnual report
「The rental division benefited from revenue at 株式会社ワキタケアネット, which had not been included in the previous fiscal year's results, and both revenue and profit increased.」
The contribution of the nursing care business from the consolidation of ワキタケアネット continued, contributing to higher revenue and profit in the commercial business's rental division. - FY2024-Q3RestatedAnnual report
「The rental division benefited from proactive upfront investment by consolidated subsidiary サンネットワークリブ株式会社, which operates the nursing care business. In addition, the results of 株式会社ワキタケアネット, newly added as a consolidated subsidiary, were included from the second quarter, and both revenue and profit increased.」
The Company continued to show the contribution to nursing care business performance from サンネットワークリブ's upfront investment and the consolidation of ワキタケアネット from the second quarter. - FY2024-Q2AdvancedAnnual report
「The rental division benefited from proactive upfront investment by consolidated subsidiary サンネットワークリブ株式会社, which operates the nursing care business. The results of 株式会社ワキタケアネット, newly added as a consolidated subsidiary, were included from the second quarter. Despite the recognition of initial investment costs for its integration into the Group, both revenue and profit increased.」
In the nursing care business, the results of ワキタケアネット were included in the consolidated results from the second quarter. Despite recognizing initial investment costs, revenue and profit in the rental division, including サンネットワークリブ, increased. - FY2024-Q1AdvancedAnnual report
「株式会社ニチイケアネット (currently 株式会社ワキタケアネット) was acquired through a share purchase and made a subsidiary during the first-quarter consolidated accounting period, and has therefore been included in the scope of consolidation.」
ニチイケアネット, acquired to expand the nursing care business's operating area, has been included in the scope of consolidation since the first quarter. - FY2023AdvancedAnnual report
「The Group operates a wholesale rental business for welfare equipment as a new business. Since making the company a consolidated subsidiary would contribute to further expansion of the business's operating area, the Company decided to acquire its shares.」
In addition to expanding サンネットワークリブ's nursing care business, the Company is proceeding with the expansion of the operating area for its wholesale welfare-equipment rental business by making ニチイケアネット a wholly owned subsidiary. - FY2023-Q3RestatedAnnual report
「Although revenue at consolidated subsidiary サンネットワークリブ株式会社, which operates the nursing care business, increased in the rental division, profit decreased due to higher cost of sales resulting from the development of operating locations and proactive upfront investment in rental products.」
The pattern of higher revenue but lower profit in サンネットワークリブ's nursing care business, as higher costs from developing operating locations and upfront investment in rental products weighed on profit, has been reconfirmed. - FY2023-Q2RestatedAnnual report
「Although revenue at consolidated subsidiary サンネットワークリブ株式会社, which operates the nursing care business, increased in the rental division, profit decreased due to higher cost of sales resulting from the development of operating locations and proactive upfront investment in rental products.」
The pattern of higher revenue but lower profit in サンネットワークリブ's nursing care business, caused by higher costs from developing operating locations and upfront investment in rental products, has been reconfirmed. - FY2023-Q1The nursing care business posted higher revenue but lower profitAnnual report
「Although revenue at consolidated subsidiary サンネットワークリブ株式会社, which operates the nursing care business, increased in the rental division, profit decreased.」
While revenue from サンネットワークリブ's nursing care business increased, profit in the commercial business decreased. - FY2022AdvancedAnnual report
「The nursing care business will expand the areas in which it operates rental outlets for care equipment and make proactive investments in businesses aimed at addressing the social issues of shortages of care personnel and care facilities.」
In addition to confirming the expansion of the existing subsidiary's operations in the nursing care business, the Company identified expanding the operating areas for care equipment rentals and making proactive investments as growth initiatives. - FY2022-Q3Expansion of the nursing care business and higher costs related to business locationsAnnual report
「Although the consolidated subsidiary's nursing care business expanded steadily, costs also increased due to the opening and relocation of business locations and other factors associated with the expansion.」
While サンネットワークリブ continued to expand its nursing care business, costs related to opening and relocating business locations and other factors also increased. - FY2022-Q2AdvancedAnnual report
「The nursing care business's consolidated subsidiary expanded its operations steadily.」
Following entry into the nursing care business, the consolidated subsidiary's operations expanded steadily, indicating progress in business expansion. - FY2022-Q1RestatedAnnual report
「In the commercial business, revenue in the sales division decreased due to fewer orders for amusement equipment and other products amid intensifying competition, while the rental division expanded in terms of profit as the results of consolidated subsidiary サンネットワークリブ株式会社, which operates the nursing care business, contributed to performance.」
The contribution of サンネットワークリブ's nursing care business to the commercial business's profit remained evident in the first quarter. - FY2021RestatedAnnual report
「Revenue and profit for the nursing care business as a whole decreased and increased, respectively, as the results of サンネットワークリブ株式会社, which operates the nursing care business and became a consolidated subsidiary in March 2019, contributed to performance.」
The contribution of サンネットワークリブ's nursing care business to the commercial business's results remained evident for the full year. - FY2021-Q3RestatedAnnual report
「In the Trading Business, sales of audio-visual equipment and amusement machinery and equipment declined due to the spread of COVID-19. However, sales and profit declined and increased, respectively, as the performance of サンネットワークリブ株式会社, a consolidated subsidiary engaged in the nursing care business that became a consolidated subsidiary in March 2019, contributed to results.」
The acquisition of サンネットワークリブ as a subsidiary and the contribution of the nursing care business remained evident through the cumulative third quarter, contributing to lower revenue but higher profit in the commercial business. - FY2021-Q2RestatedAnnual report
「Revenue and profit for the nursing care business as a whole increased, as the results of サンネットワークリブ株式会社, which operates the nursing care business and became a consolidated subsidiary in March 2019, contributed to performance.」
The contribution of the subsidiary's results continued to be evident through the cumulative second quarter in connection with the initiative to enter the nursing care business by making サンネットワークリブ a consolidated subsidiary. - FY2021-Q1AdvancedAnnual report
「Revenue and profit for the nursing care business as a whole increased, as the results of サンネットワークリブ株式会社, which operates the nursing care business and became a consolidated subsidiary in March 2019, contributed to performance.」
This is the first indication in the results that, following the acquisition of サンネットワークリブ as a subsidiary, the nursing care business contributed to the commercial business's higher revenue and profit. - FY2020RestatedAnnual report
「Following the acquisition of shares in サンネットワークリブ株式会社 and its conversion into a subsidiary from the first-quarter consolidated accounting period, the company has been included in the scope of consolidation.」
サンネットワークリブ has been included in the scope of consolidation as a subsidiary, and the Company has continued to pursue entry into the nursing care business. - FY2020-Q3RestatedAnnual report
「Following the acquisition of shares in サンネットワークリブ株式会社 and its conversion into a subsidiary from the first-quarter consolidated accounting period, the company has been included in the scope of consolidation.」
サンネットワークリブ has continued to be included in the scope of consolidation since the first quarter. - FY2020-Q2AdvancedAnnual report
「Finalization of provisional accounting for the business combination The acquisition amount and purchase price allocation for サンネットワークリブ株式会社, acquired by the Company during the first-quarter consolidated accounting period, were accounted for provisionally during that period. The accounting was finalized during the second-quarter consolidated accounting period. As a result, the provisionally calculated goodwill of ¥1,626 million decreased by ¥2 million to ¥1,623 million.」
The purchase price allocation following the acquisition of サンネットワークリブ as a subsidiary was finalized in the second quarter, with goodwill finalized at ¥1,623 million, down from ¥1,626 million. - FY2020-Q1AdvancedAnnual report
「In the trading business segment, the Company acquired shares in サンネットワークリブ株式会社 from the first quarter of the current consolidated fiscal year and made it a consolidated subsidiary. Goodwill arising from this transaction amounted to ¥1,626 million.」
Regarding the acquisition of サンネットワークリブ as a subsidiary, it has been included in the scope of consolidation as a consolidated subsidiary since the first quarter, and goodwill of ¥1,626 million has been recognized. The deemed acquisition date was 31 May 2019, and its results are not included in the income statement. - FY2019First statedAnnual report
「The Group operates nationwide in its core construction equipment business, selling and leasing construction machinery. The Company decided to acquire the shares because making the company a Group subsidiary was expected to enable it to enter the care services business and expand its operations. Ownership interest after acquisition 100%」
The Company completed the acquisition of shares in Sun Network Live on 12 March 2019 and indicated its policy of entering the care services business through the leasing and sale of care and welfare equipment.