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Kaga Electronics (8154) · InitiativeAdvanced

Allocation of Management Resources to Growth Areas

First written in FY2017-Q1. 18 of 30 entries say "Advanced", first in FY2019. Latest entry: 2026-08-20.

30entries
11years
6from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2019-Q1AdvancedFY2020-Q2 – FY2022AdvancedFY2023 – FY2026-H12016: 220162017: 220172018: 220182019: 420192020: 220202021: 220212022: 320222023: 320232024: 120242025: 220252026: 72026
Same theme, other companies
Focused Capital Investment in Growth Areas and Areas of StrengthA theme 47 companies write about · 0 as a headwind · 48 as a tailwind

35 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 47 companies compared. The sentences above are computed from all 47.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Capital expenditures during the fiscal year amounted to ¥3,789 million, based on the acquisition cost of property, plant and equipment. The main expenditures were attributable to enhanced equipment at overseas manufacturing bases for the electronic components business.」

    Regarding the allocation of resources to growth fields and production capacity, the Company made capital expenditures of ¥3,789 million during the fiscal year and enhanced equipment at overseas manufacturing bases.
  2. FY2026-H1AdvancedAnnual report

    「Effective 18 July 2025, as part of our Group's growth strategy, we acquired shares of 協栄産業株式会社, making it a subsidiary after the voting rights ratio reached 54.48%.」

    As part of its growth strategy, the Company made 協栄産業株式会社 a subsidiary after raising its voting rights ratio to 54.48%, allocating management resources through M&A.
  3. FY2025AdvancedAnnual report

    「First, regarding “further improvement in profitability,” in the EMS business we relocated and expanded our factories in Malaysia, Turkey and Mexico and actively worked to increase production capacity.」

    As results under Medium-Term Management Plan 2024, the Company specifically reported the relocation and expansion of its EMS factories in Malaysia, Turkey and Mexico and increased production capacity. Full-year capital expenditures amounted to ¥5,245 million, mainly for enhancing equipment at overseas manufacturing bases.
  4. FY2024-Q3AdvancedAnnual report

    「Effective 19 October 2023, KAGA(H.K.)ELECTRONICS LIMITED made TAXAN SWE(H.K.)Manufacturing Company Limited (China) a subsidiary by acquiring a 51% interest. As a result, TAXAN-SWE MEXICO MANUFACTURING,S.DE R.L.DE C.V. (Mexico) also became an indirectly owned subsidiary.」

    Regarding the allocation of management resources to growth fields and overseas manufacturing bases, the Company made the Chinese entity a subsidiary by acquiring a 51% interest and made the Mexican entity an indirectly owned subsidiary.
  5. FY2024-Q2AdvancedAnnual report

    「Effective 1 August 2023, 加賀FEI株式会社 made Candera GmbH (Austria) a wholly owned subsidiary by acquiring its shares from CELSYS,Inc.」

    Regarding the allocation of management resources to growth fields, 加賀FEI株式会社 carried out the specific M&A transaction of making Austria-based Candera GmbH a wholly owned subsidiary.
  6. FY2023AdvancedAnnual report

    「Capital expenditures during the fiscal year amounted to ¥3,691 million, based on the acquisition cost of property, plant and equipment. The main expenditures were attributable to the increase in domestic factories through M&A and the enhancement of equipment at overseas manufacturing bases.」

    Capital expenditures amounted to ¥3,691 million, and the Company increased its domestic factories through M&A and enhanced equipment at overseas manufacturing bases. It also reported a new construction plan for the Mexico factory and electrical equipment production facilities, with a total investment of ¥1,602 million, scheduled to begin in June 2023 and be completed in February 2024.
  7. FY2023-Q3RestatedAnnual report

    「In November 2021, our Group announced its three-year management plan, the “Medium-Term Management Plan 2024 (2022-2024),” covering the fiscal years ending March 2023 through March 2025. The plan positions “organic growth + new M&A” as its growth engine, aims to strengthen and expand the overseas and EMS businesses, and seeks to achieve sales of ¥750 billion and become a top-tier company in Japan's industry in the fiscal year ending March 2025, its final year. In the first year of the new medium-term management plan, the fiscal year ending March 2023 progressed steadily in this manner.」

    The Company continues to state that the medium-term plan, which uses organic growth and new M&A as growth engines and strengthens its overseas and EMS businesses, is progressing steadily.
  8. FY2023-Q2RestatedAnnual report

    「In November 2021, our Group announced its three-year management plan, the “Medium-Term Management Plan 2024 (2022-2024),” covering the fiscal years ending March 2023 through March 2025. The plan positions “organic growth + new M&A” as its growth engine, aims to strengthen and expand the overseas and EMS businesses, and seeks to achieve sales of ¥750 billion and become a top-tier company in Japan's industry in the fiscal year ending March 2025, its final year. We made a strong start in the first year of the new medium-term management plan.」

    The Company continues to describe the first year of its medium-term management plan, which uses organic growth and new M&A as growth engines and strengthens its overseas and EMS businesses, as having gotten off to a strong start.
  9. FY2023-Q1RestatedAnnual report

    「The Company positions “organic growth + new M&A” as its growth engine, and aims to strengthen and expand its overseas and EMS businesses and achieve sales of ¥750 billion and become a top-tier company in Japan's industry in the fiscal year ending March 2025, the final year of the plan.」

    The new medium-term management plan reaffirms the policy of pursuing organic growth and new M&A as growth engines while strengthening and expanding the overseas and EMS businesses.
  10. FY2022AdvancedAnnual report

    「Capital expenditures during the fiscal year amounted to ¥3,276 million, based on the acquisition cost of property, plant and equipment. The main expenditures were attributable to the increase in domestic factories through M&A and the enhancement of equipment at overseas manufacturing bases.」

    Regarding the allocation of resources to growth fields and production capacity, the Company reported capital expenditures of ¥3,276 million for the fiscal year, an increase in domestic factories through M&A, and enhanced equipment at overseas manufacturing bases.
  11. FY2021AdvancedAnnual report

    「In November 2020, we also made 旭東電気株式会社 a Group company and designated its factories in Tottori Prefecture as EMS bases for western Japan. Together with 加賀EMS十和田株式会社 in Aomori Prefecture, we worked to strengthen our domestic production structure. In December 2020, we completed construction of a new factory in Hubei Province, China, where the automotive industry is concentrated. In this way, we sought to increase production capacity in Japan and overseas.」

    We made specific progress in increasing production capacity in Japan and overseas, including incorporating 旭東電気's factories into our western Japan EMS base network and completing a new factory in Hubei Province, China, in December 2020.
  12. FY2021-Q3AdvancedAnnual report

    「Effective 2 November 2020, as part of the growth strategy of our Group, we acquired 100% of the shares of 旭東電気株式会社 and made it a subsidiary.」

    The Company carried out a new acquisition to make a company a wholly owned subsidiary based on its growth strategy, expanding the scope for investment of management resources.
  13. FY2021-Q1AdvancedAnnual report

    「Effective 1 April 2020, as part of the Group’s growth strategy, the Company acquired 100% of the shares of Excel Corporation and made it a subsidiary.」

    As part of its growth strategy, the Company made Excel a wholly owned subsidiary and specified investment of management resources in electronic components and semiconductors, EMS and new businesses.
  14. FY2020-Q3AdvancedAnnual report

    「In line with this plan, the Company made Fujitsu Electronics Corporation a Group company in January 2019 and Kaga EMS Towada Corporation, formerly Towada Pioneer Corporation, a Group company in October of the same year. In addition, the new Fukushima plant began operations that October and the second plant in Thailand began operations in December, marking steady progress on measures to achieve the targets set out in the “Medium-Term Management Plan 2021.”」

    Regarding investment of resources in growth areas and production facilities, the new Fukushima plant and the second Thailand plant began operations in October and December 2019, respectively.
  15. FY2020-Q2AdvancedAnnual report

    「This was mainly due to a ¥2,008 million increase in property, plant and equipment resulting from the application of IFRS 16 and the construction of a new Fukushima plant and a second plant in Thailand,」

    Regarding investment of resources in growth areas and production facilities, the Company reported progress on the construction of the new Fukushima plant and the second Thailand plant, resulting in a ¥2,008 million increase in property, plant and equipment. It also reported a facility plan for the second Thailand plant, with total investment of ¥1,062 million, work beginning in July 2019 and completion scheduled for December of the same year.
  16. FY2020-Q1RestatedAnnual report

    「The Group is pursuing its growth strategy, centered on its electronic components sales business and EMS business, to achieve the management targets set out in the “Medium-Term Management Plan 2021” formulated last November: revenue of ¥500.0 billion, operating profit of ¥13.0 billion, and ROE of 8.0% or higher for the fiscal year ending March 2022.」

    The Company continues to explain its policy of making the electronic components sales business and EMS business the 2 pillars of its growth strategy as a means of achieving the targets in the medium-term management plan for the fiscal year ending March 2022.
  17. FY2019AdvancedAnnual report

    「Capital expenditure during the fiscal year was ¥3,027 million, based on the acquisition cost of property, plant and equipment. Major expenditures included the acquisition of land to construct a new plant in Fukushima for the subsidiary Kaga Micro Solutions Corporation, and the expansion of facilities at overseas manufacturing sites.」

    Regarding investment of resources in growth areas and production facilities, the Company reported capital expenditure of ¥3,027 million during the fiscal year, the acquisition of land for the new Fukushima plant, and the expansion of facilities at overseas manufacturing sites.
  18. FY2019-Q3RestatedAnnual report

    「The Company has focused on expanding its EMS business by expanding overseas production facilities in response to customer requests, while also developing domestic production facilities and strengthening their functions.」

    The Company continues to explain the expansion of its EMS business through the expansion of overseas production facilities and the development and functional strengthening of domestic production facilities.
  19. FY2019-Q2RaisedAnnual report

    「① Strengthening initiatives in growth areas: “Automotive,” “Communications,” “Environment,” “Industrial Equipment,” and “Medical and Healthcare” ② Strengthening and expanding the EMS and overseas businesses」

    The new medium-term management plan specifies the previous policy of investing resources in growth areas as a focus on 5 fields: automotive, communications, environment, industrial equipment, and medical and healthcare. It also explicitly calls for strengthening and expanding the EMS and overseas businesses.
  20. FY2019-Q1RestatedAnnual report

    「The Company is expanding overseas production facilities in response to requests from existing major customers for overseas operations and higher production volumes, while also developing domestic production facilities and strengthening production functions,」

    The Company continues to set out a policy of expanding overseas production facilities and developing domestic production facilities and strengthening their production functions.
  21. FY2017RestatedAnnual report

    「The Company invested resources actively in growth areas, including sales expansion to existing major customers and the expansion of overseas operations.」

    The Company continues to identify active investment of resources in growth areas as a means of expanding the business.
  22. FY2017-Q3RestatedAnnual report

    「actively investing management resources in growth areas to expand the business」

    The Company continues to identify investment of management resources in growth areas as a means of expanding the business.
  23. FY2017-Q2RestatedAnnual report

    「actively investing management resources in growth areas to expand the business」

    The Company continues to identify investment of management resources in growth areas as a means of expanding the business.
  24. FY2017-Q1First statedAnnual report

    「actively investing management resources in growth areas to expand the business」

    The Company identifies investment of management resources in growth areas as a means of expanding the business.
Moved together

"Expansion of Overseas Business" moved the same way as this thread, in the same document, in 16 of its 30 moves.

16109776★123456
  1. ★This thread
  2. 1Expansion of Overseas Business16×
  3. 2Payment of dividends to shareholders10×
  4. 3Improving Revenue Growth and ROE9×
  5. 4Establishment of New Businesses7×
  6. 5Sluggish Orders for CG Animation and Game Software Development7×
  7. 6Strengthening the Corporate Governance Framework6×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Kaga Electronics yet. It last moved in the Business Alliance of 2026-08-20: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Allocation of Management Resources to Growth Areas | KAGA ELECTRONICS CO.,LTD. (8154) | Komori