Supplementing Organic Growth through M&A and Business Alliances
First written in FY2016. 14 of 22 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「During the consolidated fiscal year, the company acquired partial interests in Vertex Engineers Private Limited and Ehrhardt Konoike Solutions GmbH, and therefore included both companies in the scope of equity-method accounting.」
As measures to supplement growth in overseas operations, the company made India’s engineering company Vertex Engineers and Germany’s Ehrhardt Konoike Solutions GmbH equity-method affiliates. - 2026-04-28AdvancedOther Disclosures
「The investment is intended to support Helical Fusion's efforts toward the practical application of fusion energy while exploring the possibility of securing stable and clean energy for our group's business activities.」
As part of efforts to complement growth through business partnerships and capital participation, the company invested in a partner in the next-generation clean energy sector. - FY2026-H1AdvancedAnnual report
「As the company acquired a partial interest in Ehrhardt Konoike Solutions GmbH, it has been included in the scope of equity-method accounting.」
The company acquired a partial interest in Ehrhardt Konoike Solutions GmbH in the international logistics field and made it an equity-method affiliate. Growth supplementation overseas through M&A and business alliances progressed. - FY2025AdvancedAnnual report
「In July 2024, the company established a joint venture for the design-packaging business in Canada and Mexico, acquired 100% of the joint venture’s shares and made it a wholly owned subsidiary. In India, a priority region, it acquired shares in an Indian medical-device sterilization company in June 2024, and in January 2025 won a public tender for Ferro Scrap Nigam Limited, an Indian state-owned steel-slag processing company, and made it a wholly owned subsidiary. The company is now known as FSNL Private Ltd.」
The company made the Canadian and Mexican design-packaging business a wholly owned subsidiary, acquired an Indian medical-device sterilization company and made FSNL a wholly owned subsidiary, advancing growth supplementation through M&A and business alliances. - FY2025-H1AdvancedAnnual report
「In July 2024, the company established a joint venture and acquired shares in connection with the design-packaging business in Canada and Mexico. In India, a priority region, it acquired shares in an Indian medical-device sterilization company in June 2024 and resolved in September of the same year to make Ferro Scrap Nigam Limited, an Indian state-owned steel-slag processing company, a wholly owned subsidiary.」
In the Canadian and Mexican design-packaging business, the company established a joint venture and acquired shares. In India, it acquired a medical-device sterilization company and progressed as far as resolving to make FSNL a wholly owned subsidiary. - FY2024AdvancedAnnual report
「At a meeting of the Board of Directors held on 17 June 2024, the company resolved to establish KONOIKE KANEPACKAGE HOLDING CO., LTD. as a new joint-venture subsidiary in Canada through a joint investment with カネパッケージ株式会社, acquire 100.0% of the voting rights in 1000868639 Ontario Inc., the holding company of the Pine Valley Packaging group, which operates a design-packaging business for automotive parts in Canada and Mexico, and make it a subsidiary.」
The company resolved to acquire 100% of the Canadian and Mexican design-packaging business through a joint venture with カネパッケージ株式会社. Following the acquisition, it aims to pursue reciprocal proposals with its existing forwarding and engineering businesses and deploy its know-how horizontally from North and Central America to China, ASEAN and India. - FY2021Sale of an unprofitable joint ventureAnnual report
「Because handling volumes have continued to stagnate amid a severe local market environment, we reconsidered the future of this joint venture as part of our structural reform plan, which includes reviewing unprofitable businesses, and determined that selling all shares held by our group was the best option.」
The company decided to sell all shares of KONOIKE J.TRANSPORT (THAILAND) CO.,LTD. as part of its structural reform plan and completed the sale on 26 April 2021. - FY2021-Q1AdvancedAnnual report
「As エアーエキスプレス株式会社 was made a subsidiary through the acquisition of its shares, it has been included in the scope of consolidation.」
The company made エアーエキスプレス株式会社 a subsidiary through the acquisition of its shares, expanding its business foundation through M&A. - FY2020RestatedAnnual report
「The objectives are to expand the scale of accepting and training foreign technical interns in ground-handling operations within our group’s airport-related business, acquire know-how for the future overseas expansion of the ground-handling business, and develop overseas personnel through joint operations.」
As part of growth supplementation through M&A and business alliances, the company reaffirmed the purpose and expected effects of its capital and business alliance with MASCORP. - FY2020-Q3AdvancedAnnual report
「On 5 November 2019, the company entered into a share transfer agreement and acquired a 20% interest in MacroAsia Airport Services Corporation (MASCORP) from its parent company, MacroAsia Corporation (MAC).」
On 29 November 2019, the company acquired a 20% interest in MASCORP, a Philippine ground-handling company, and made it an equity-method affiliate. The acquisition price was ¥2,344 million, implementing a capital alliance aimed at expanding the airport-related business overseas. - FY2020-Q2AdvancedAnnual report
「On 5 November 2019, the company entered into a share transfer agreement to acquire a 20% interest in MacroAsia Airport Services Corporation (MASCORP) from its parent company, MacroAsia Corporation (MAC).」
The company entered into a capital and business alliance agreement to acquire a 20% interest in MASCORP, a Philippine ground-handling company, thereby putting the business alliance into practice. The acquisition was scheduled for 29 November 2019. - FY2019-Q3RestatedAnnual report
「BEL INTERNATIONAL LOGISTICS LTD. has been highly regarded by many airlines, including being selected as a Top Agent for its transportation performance to Europe. In recent years, under a strategy focused on 4 regions—Europe, the Middle East, India and North America—air-freight handling has increased 70% over the past 3 years. In particular, the company is strengthening efforts to attract cargo with strong air-transport demand, such as cross-border e-commerce cargo, electronic components and VR toys.」
For wholly owned subsidiary BEL INTERNATIONAL LOGISTICS LTD., the company expanded its priority regions to Europe, the Middle East, India and North America, and reported a 70% increase in air-freight handling over the past 3 years. It also indicated a policy of using the company as a core platform for sales to non-Japanese companies. - FY2019-Q2AdvancedAnnual report
「Effective 2 October 2018, the company acquired an additional 70% of the issued shares of BEL INTERNATIONAL LOGISTICS LTD., a Hong Kong-based international air-freight forwarding company and an equity-method affiliate, and made it a wholly owned subsidiary.」
The additional acquisition of 70% of existing equity-method affiliate BEL INTERNATIONAL LOGISTICS LTD. was completed, making it a wholly owned subsidiary. Growth supplementation in international air logistics originating in China and Hong Kong progressed. - FY2019-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 10 August 2018, the company resolved to acquire an additional 70% of the issued shares of BEL INTERNATIONAL LOGISTICS LTD., a Hong Kong-based international air-freight forwarding company and an equity-method affiliate, from its parent company, MacroAsia Corporation, and make it a wholly owned subsidiary.」
The company resolved to make existing equity-method affiliate BEL INTERNATIONAL LOGISTICS LTD. a wholly owned subsidiary by acquiring an additional 70% of its shares. The business combination date was scheduled for 2 October 2018, with efforts to strengthen international air logistics originating in China and Hong Kong. During the current quarter, エヌビーエス㈱ was also made a subsidiary through a share acquisition. - FY2018RestatedAnnual report
「We are considering M&A, among other options, as a means of expanding business opportunities. In May 2017, with the aim of strengthening the airport-related field, a growth business, we acquired all shares of 株式会社NKSホールディング and 4 other companies and worked to strengthen our business foundation at Narita Airport.」
The company reaffirmed its policy of using M&A as a means of expanding business opportunities and its track record of acquiring NKSホールディング and 4 other companies. - FY2018-Q3RestatedAnnual report
「We are considering M&A, among other options, as a means of expanding business opportunities. In May, with the aim of strengthening the airport-related field, a growth business, we acquired all shares of 株式会社NKSホールディング and 4 other companies and worked to strengthen our business foundation at Narita Airport.」
The company reaffirmed its policy of considering M&A as a means of expanding business opportunities, as well as the acquisition of NKSホールディング and 4 other companies carried out in May. - FY2018-Q2RestatedAnnual report
「Under these business conditions, with the aim of strengthening the airport-related field, our group acquired all shares of 株式会社NKSホールディング and 4 other companies from JBSホールディングス株式会社, effective 1 May.」
The company reconfirmed the acquisition of all shares of NKSホールディング and 4 other companies as a growth-supplementation measure during the current quarter, with the aim of strengthening the airport-related field. - FY2018-Q1AdvancedAnnual report
「During the first quarter of the fiscal year, goodwill in the Integrated Solutions Business increased by ¥2,921 million as 株式会社NKSホールディング and 4 other companies were made subsidiaries through share acquisitions, and KONOIKE J.TRANSPORT (THAILAND) CO.,LTD. acquired a business.」
The company acquired shares in a group of airport-related companies, and a Thai subsidiary acquired a business, putting growth supplementation through M&A and business acquisitions into practice. - FY2017-Q3AdvancedAnnual report
「Following the establishment of JOSHI KONOIKE TRANSPORT & INFRASTRUCTURE PVT.LTD. on 7 October 2016, the company has been classified as an affiliated company (consolidated subsidiary).」
Growth supplementation through business alliances and M&A made concrete progress through the establishment of an Indian joint venture and its inclusion as a consolidated subsidiary. - FY2017-Q2AdvancedAnnual report
「To launch a rail container transportation business in economically fast-growing India, we decided to establish in October the joint venture JOSHI KONOIKE TRANSPORT ＆ INFRASTRUCTURE PVT. LTD. together with Associated Container Terminals Limited, which has an extensive track record in operating inland container depots.」
As a concrete step toward a business alliance, the company decided to establish a joint venture for a rail container transportation business in India. - FY2017-Q1RestatedAnnual report
「We will also focus on further improving management efficiency.」
There has been no material change in the policy of continuing M&A, business alliances and management-efficiency initiatives as measures under the medium-term management plan. - FY2016First statedAnnual report
「We will pursue M&A and business alliances as means of supplementing organic growth.」
M&A and business alliances have been incorporated into the medium-term plan as measures to supplement organic growth.