Komori
Sun Frontier Fudousan (8934) · InitiativeAdvanced

Strengthening Adjacent Areas and New Businesses through Share Acquisition, Capital Participation and Business Alliance

First written in FY2017. 26 of 29 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-10-02.

29entries
10years
8from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2018 – FY2022-Q3AdvancedFY2023-Q2 – 2026-10-022017: 120172018: 320182019: 220192020: 120202021: 220212022: 320222023: 320232024: 320242025: 220252026: 92026
Same theme, other companies

1 other company's 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.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「On 25 February 2026, we entered into a capital and business alliance agreement with ITOCHU Corporation to combine the resources and expertise held by our company and ITOCHU Corporation, expand both companies' existing businesses and develop new businesses, thereby enhancing their corporate value over the medium to long term.」

    The company entered into a capital and business alliance agreement with ITOCHU Corporation as part of its policy of strengthening peripheral and new businesses through share acquisitions and business alliances. Following a private placement and tender offer, ITOCHU Corporation became an other affiliated company holding more than 20% of the voting rights.
  2. FY2026-H1AdvancedAnnual report

    「During the period, STITCH HOTEL Kyoto opened in Kyoto Kawaramachi in June, Tabino Hotel Kakogawa Beppu Ekimae in September, and Tabino Hotel Ishikari in October, all as planned. In August, Nagano Linden Plaza Hotel joined the Group through an M&A transaction.」

    In the hotel segment, Nagano Linden Plaza Hotel was acquired through an M&A transaction, and hotels were opened in Kyoto, Kakogawa and Ishikari. The business platform was expanded through the acquisition of shares and hotel openings.
  3. FY2025AdvancedAnnual report

    「During the fiscal year, 株式会社オリエンタルリゾートアソシエイツ and 2 other companies were included in the scope of consolidation through share acquisitions, while サンフロンティアアセットマネジメント株式会社 and 2 other companies were included through new establishments.」

    The Group expanded its platform in areas including hotel operations and asset management through share acquisitions and new establishments, bringing the number of consolidated subsidiaries to 32.
  4. FY2025-H1AdvancedAnnual report

    「During the interim consolidated accounting period, the newly established サンフロンティアアセットマネジメント株式会社 was included in the scope of consolidation. …During the interim consolidated accounting period, オリエンタルリゾートアソシエイツ株式会社 was included in the scope of consolidation through a share acquisition.」

    In asset management, the company established サンフロンティアアセットマネジメント株式会社, while in the hotel business it made オリエンタルリゾートアソシエイツ株式会社 a consolidated subsidiary through a share acquisition. Cash outflows from investing activities related to the acquisition of subsidiaries amounted to ¥1.672 billion.
  5. FY2024AdvancedAnnual report

    「January 2024: 株式会社日本都市ホテル開発 made a consolidated subsidiary」

    To strengthen its hotel business base, the company made 株式会社日本都市ホテル開発 a consolidated subsidiary in January 2024. The hotel operating platform was expanded through a share acquisition and M&A.
  6. FY2024-Q3AdvancedAnnual report

    「In January, 5 hotels with 612 rooms in the Kansai region, including Joytel Hotel Namba Dotonbori, joined the Group through M&A.」

    Through M&A, the Group added 5 hotels with 612 rooms in the Kansai region, expanding its hotel operating platform.
  7. FY2024-Q2AdvancedAnnual report

    「Under this business alliance, the company plans to pursue higher corporate value and sustainable growth for the Group with support in (i) providing know-how for various initiatives and ensuring their steady execution, (ii) searching for potential M&A targets, strengthening the review process and enhancing PMI, (iii) expanding the sales network by leveraging the partner's diverse network, (iv) establishing business models and strengthening marketing, and (v) improving productivity and efficiency through the deployment of highly specialized personnel.」

    The company entered into a business alliance with Advantage Advisors and developed specific plans to receive external support in identifying and evaluating potential M&A targets, PMI, sales networks, marketing and the deployment of highly specialized personnel.
  8. FY2023AdvancedAnnual report

    「In November, the company agreed to a capital and business alliance with CONNEXX SYSTEMS株式会社, which develops battery storage technology essential to the widespread adoption of renewable energy. In March, it also agreed to a capital and business alliance with ノータスソーラージャパン株式会社, which possesses next-generation agrivoltaic solar power generation technology.」

    In addition to existing share acquisitions, new establishments and integrations, the company entered into capital and business alliances with companies possessing battery storage and agrivoltaic solar power generation technologies.
  9. FY2023-Q3AdvancedAnnual report

    「In addition, during the third quarter of the current fiscal year, 437 West 46 SG LLC and 453 West 48 SG LLC were newly established and included in the scope of consolidation. 有限会社たけむら, acquired during the second quarter, was dissolved during the third quarter in a merger by absorption in which the company was the surviving company.」

    While establishing 2 companies in New York and incorporating them into the scope of consolidation, the Group reorganized acquired 有限会社たけむら through a merger by absorption. The expansion and restructuring of the Group's business base through a combination of new establishments, acquisitions and integrations is progressing.
  10. FY2023-Q2AdvancedAnnual report

    「From the second quarter of the current fiscal year, newly established SF海洋発電株式会社 and acquired 有限会社たけむら have been included in the scope of consolidation. 株式会社日本システムサービス, formerly a consolidated subsidiary, was excluded from the scope of consolidation after being dissolved in a merger by absorption in which SFビルメンテナンス株式会社, a consolidated subsidiary, was the surviving company.」

    The company newly established SF海洋発電株式会社 and acquired 有限会社たけむら, incorporating them into the scope of consolidation, while 株式会社日本システムサービス was reorganized through a merger by absorption. The restructuring of the business base through acquisitions and new establishments is progressing.
  11. FY2023-Q1Sale of an equity-method affiliateAnnual report

    「During the first quarter of the current fiscal year, SKY ESTATE株式会社, formerly an equity-method affiliate, was excluded from the scope of companies accounted for under the equity method because its shares were sold.」

    While advancing the expansion of its business base through share acquisitions and other means, the company sold its shares in SKY ESTATE株式会社, formerly an equity-method affiliate, and excluded it from the scope of consolidation.
  12. FY2022-Q3AdvancedAnnual report

    「In addition, from the third quarter of the current fiscal year, 株式会社Navd, newly established, has been included in the scope of consolidation.」

    株式会社Navd, newly established, was included in the scope of consolidation from the third quarter of the current fiscal year, advancing the expansion of the business base. The expansion of the Group's platform has continued following the acquisition and consolidation of 株式会社ホテル大佐渡.
  13. FY2022-Q1AdvancedAnnual report

    「From the first quarter of the current fiscal year, 株式会社ホテル大佐渡, newly acquired by the consolidated subsidiaries サンフロンティアホテルマネジメント株式会社 and サンフロティア佐渡株式会社, has been included in the scope of consolidation.」

    To strengthen its hotel-related business base, the Group newly incorporated 株式会社ホテル大佐渡, acquired by a consolidated subsidiary, into the scope of consolidation.
  14. FY2021AdvancedAnnual report

    「In addition, 株式会社日本システムサービス and 株式会社コミュニケーション開発, newly acquired during the fiscal year, have been included in the scope of consolidation.」

    Regarding the policy of bringing adjacent business functions and personnel into the Group through share acquisitions, the company newly acquired a building maintenance company and an electrical and telecommunications construction company and made them consolidated subsidiaries.
  15. FY2020-Q3AdvancedAnnual report

    「From the first quarter, サンフロンティアスペースマネジメント株式会社, newly established through a company split, RIVERSIDE STUDIOS LLC, newly established by the company in the United States, and 株式会社佐渡日和, newly acquired, have been included in the scope of consolidation. During the third quarter, SUN FRONTIER INVESTMENT CO.,LTD. was excluded from the scope of consolidation following the sale of all of its equity interests. 株式会社佐渡日和, formerly a consolidated subsidiary, was also excluded from the scope of consolidation after being dissolved in a merger by absorption in which サンフロンティア佐渡株式会社, a consolidated subsidiary, was the surviving company. During the third quarter, SKY ESTATE株式会社 was newly included in the scope of companies accounted for under the equity method.」

    The Group proceeded with the expansion of its business base through the establishment of a space rental company, the establishment of the U.S. entity RIVERSIDE STUDIOS LLC, the acquisition of 株式会社佐渡日和 and the application of the equity method to SKY ESTATE株式会社. At the same time, SUN FRONTIER INVESTMENT CO.,LTD. was sold and 株式会社佐渡日和 was excluded from consolidation following a merger by absorption.
  16. FY2020-Q1AdvancedAnnual report

    「From the first quarter of the current fiscal year, サンフロンティアスペースマネジメント株式会社, newly established through a company split, and 株式会社佐渡日和, newly acquired, have been included in the scope of consolidation.」

    The company established a space rental business through a company split and acquired 株式会社佐渡日和, adding it to the scope of consolidation. The policy of bringing hotel, regional business and operating capabilities into the Group through share acquisitions and other means is progressing.
  17. FY2019AdvancedAnnual report

    「From the current fiscal year, the scope of consolidation includes 株式会社プランドールリゾート沖縄, newly acquired and now known as サンフロンティア沖縄株式会社, TCI株式会社, 株式会社光和工業, おけさ観光タクシー株式会社 and 株式会社インライト, the latter two having been acquired by a consolidated subsidiary.」

    Through share acquisitions and other means, the Group brought in business foundations and functions in hotel development, construction work, passenger transportation and personnel dispatch services. TCI株式会社 was subsequently excluded from the scope of consolidation following a merger by absorption.
  18. FY2019-Q2AdvancedAnnual report

    「From the second quarter of the current fiscal year, TCI株式会社, newly acquired by the company, and おけさ観光タクシー株式会社, acquired by a consolidated subsidiary, have been included in the scope of consolidation.」

    Regarding the policy of bringing business foundations, personnel and functions into the Group through share acquisitions and other means, TCI株式会社 and おけさ観光タクシー株式会社 were newly acquired and included in the scope of consolidation.
  19. FY2019-Q1AdvancedAnnual report

    「From the first quarter of the current fiscal year, 株式会社プランドールリゾート沖縄, newly acquired by the company and now known as サンフロンティア沖縄株式会社, has been included in the scope of consolidation.」

    The company newly acquired 株式会社プランドールリゾート沖縄 and included it in the scope of consolidation. This represented concrete progress in the policy of bringing the foundations of adjacent and hotel-related businesses into the Group through share acquisitions and other means.
  20. FY2018RaisedAnnual report

    「● Carry out at least ¥20 billion in M&A over the next 5 years. Actively use M&A in adjacent businesses, including building construction, facilities, rental meeting rooms and hotel operations, as a means of driving growth in the office building and hotel businesses.」

    In addition to strengthening adjacent business areas through share acquisitions, capital investments and business alliances, the company set a quantitative target of carrying out at least ¥20 billion in M&A over the next 5 years.
  21. FY2017First statedAnnual report

    「As the Group's business scope expands, underdeveloped areas adjacent to its existing operations, such as building construction, facilities and residential property management, as well as new business areas involving operations, such as hotels and rental meeting rooms, are businesses that we will strengthen as we pursue stable medium- to long-term growth. To quickly bring into the Group the people, technologies and platforms required for these businesses, we are pursuing share acquisitions, capital investments and business alliances, aiming for growth and development while providing customers with optimal services that respond to changes in the business environment.」

    The company has clearly stated its policy of bringing people, technologies and platforms into the Group through share acquisitions, capital investments and business alliances in underdeveloped and new areas, including building construction, facilities, residential property management, hotels and rental meeting rooms.
Moved together

"Real Estate Revitalization Model Focused on Small- and Medium-Sized Office Buildings in Central Tokyo" moved the same way as this thread, in the same document, in 22 of its 29 moves.

222018181716★123456
  1. ★This thread
  2. 1Real Estate Revitalization Model Focused on Small- and Medium-Sized Office Buildings in Central Tokyo22×
  3. 2Development of an Urban Hotel Business for Inbound Visitors20×
  4. 3Addressing the shortage of accommodation through the hotel business and contributing to Japan as a tourism-oriented nation18×
  5. 4Utilization of Urban Infrastructure Stock Through the Space Rental Business18×
  6. 5Growth in Sales and Profit and Expansion of the Earnings Base17×
  7. 6Shift from a flow-based revenue model to a combined flow-and-stock model16×

★ 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 Sun Frontier Fudousan yet. It last moved in the Governance of 2026-10-02: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Strengthening Adjacent Areas and New Businesses through Share Acquisition, Capital Participation and Business Alliance | Sun Frontier Fudousan Co.,Ltd. (8934) | Komori