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Puequ (9264) · InitiativeAchievedLatest Earnings (2026-10-14): "Advanced"

Expanding Business Scale and Diversifying Revenue Sources Through M&A

First written in FY2018. 6 of 22 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-10-14.

22entries
9years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2019-Q1 – FY2020-Q12018: 12019: 320192020: 220202021: 120212022: 420222023: 220232024: 320242025: 120252026: 52026
Same theme, other companies
Expanding the Business Portfolio and Operating Base Through M&A, Business Transfers and AlliancesA theme 56 companies write about · 0 as a headwind · 56 as a tailwind

32 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 56 companies compared. The sentences above are computed from all 56.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1AchievedAnnual report

    「In accordance with the agreement, the transfer of this business was completed on 1 February 2026.」

    Based on its policy of expanding business scale and the earnings base through M&A and business acquisitions, the company acquired the valve business operated by 東鉄工 on 1 February 2026.
  2. FY2025-H1Cited as achievedAnnual report

    「In addition, through M&A pursued as part of its growth strategy, コーベックス株式会社 became a consolidated subsidiary in April 2024 and アイエススプリンクラー株式会社 (sprinkler systems) became a consolidated subsidiary in July of the same year. This has further expanded the Group’s business base and ability to provide solutions.」

    The conversion of コーベックス and アイエススプリンクラー into subsidiaries is cited as an achievement in expanding the business base and the Group’s ability to provide solutions through M&A.
  3. FY2024AdvancedAnnual report

    「In the current consolidated fiscal year, the company recorded approximately ¥77 million in acquisition costs, including brokerage fees arising from making コーベックス株式会社 and アイエススプリンクラー株式会社 subsidiaries, under selling, general and administrative expenses, increasing costs related to M&A.」

    Under its policy of growth through M&A, the company made コーベックス and アイエススプリンクラー subsidiaries. Approximately ¥77 million in acquisition costs was also recorded, indicating that M&A execution is progressing.
  4. FY2024-Q3AdvancedAnnual report

    「The company acquired part of the shares of 景観技術株式会社 and consequently made it a new equity-method affiliate.」

    As part of expanding the Group through M&A and capital alliances, the company acquired part of the shares of 景観技術株式会社 and made it an equity-method affiliate.
  5. FY2024-Q2AchievedAnnual report

    「At a Board of Directors meeting held on 29 March 2024, the company resolved to acquire shares of コーベックス株式会社 and make it a subsidiary, and acquired the shares on 1 April 2024.」

    Under its policy of expanding business scale and the earnings base through M&A, the company acquired shares of コーベックス株式会社 and made it a subsidiary on 1 April 2024.
  6. FY2023RestatedAnnual report

    「Based on this approach, the company intends to combine the human resources of Group companies and integrate their knowledge in order to conduct well-targeted corporate analysis and assessment and carry out M&A while keeping risks to a minimum.」

    While maintaining its policy of growth through M&A, the company identifies analysis and assessment of acquisition targets, risk mitigation, and the pooling of human resources and knowledge across Group companies as means of execution.
  7. FY2023-Q3RestatedAnnual report

    「(b) Funds held in reserve for M&A, capital and business alliances, and investments and loans」

    Funds held in reserve for M&A, capital and business alliances, and investments and loans continue to be listed as uses of proceeds from the new rights offering.
  8. FY2022RaisedAnnual report

    「The Group’s policy is to actively pursue M&A to expand its existing businesses, enhance added value and, ultimately, increase corporate value.」

    M&A has strengthened its positioning from the previous policy of treating it as an option for expanding business scale and diversifying sources of earnings to a key management policy to be actively pursued to expand existing businesses and enhance added value and corporate value.
  9. FY2022-Q3Cited as achievedAnnual report

    「In September 2021, the company expanded its business into the fisheries and aquaculture sector by making 株式会社マリンリバー, which manufactures and sells seawater cooling and heating units and titanium heat exchangers, a consolidated subsidiary, and worked to expand its earnings base.」

    The conversion of マリンリバー into a consolidated subsidiary is cited as an M&A achievement that expanded business scale into the fisheries and aquaculture sector and strengthened the earnings base.
  10. FY2022-Q2Cited as achievedAnnual report

    「In September 2021, the company expanded its business scale and strengthened its earnings base by acquiring all shares of 株式会社マリンリバー, which manufactures and sells seawater cooling and heating units and titanium heat exchangers, and making it a consolidated subsidiary.」

    The acquisition of all shares of マリンリバー and its conversion into a consolidated subsidiary are cited as achievements in expanding business scale and strengthening the earnings base.
  11. FY2022-Q1AchievedAnnual report

    「In September 2021, we also worked to expand the scale of our group by making 株式会社マリンリバー, which manufactures and sells seawater cooling and heating units and titanium heat exchangers, a newly consolidated subsidiary.」

    Under its policy of making M&A a key means of growth, the company made 株式会社マリンリバー a consolidated subsidiary.
  12. FY2021-Q3ReframedAnnual report

    「The company is also pursuing growth through M&A, which it positions as a key management strategy, and is focusing on enhancing its target-sourcing capabilities and strengthening its execution structure to make this possible.」

    The company has moved from describing M&A as an option for expanding business scale and diversifying sources of earnings, or as a record of acquisitions, to positioning it as a key management strategy and emphasizing stronger target-sourcing capabilities and execution structures.
  13. FY2020-Q3Cited as achievedAnnual report

    「In the Power and Heavy Machinery segment, orders continued to be firm, while the performance of 株式会社ミモト, acquired in May 2019 and merged with the company’s subsidiary 三和テスコ株式会社 in January 2020, also progressed favorably. As the benefits of M&A were being realized, operating performance also progressed favorably.」

    The company explains that performance progressed favorably following the acquisition of ミモト and its merger with 三和テスコ, demonstrating the benefits of M&A.
  14. FY2020-Q1AchievedAnnual report

    「At an extraordinary Board of Directors meeting held on 25 October 2019, the company resolved to enter into a share transfer agreement to acquire the shares of 協立電機工業株式会社 (Chigasaki, Kanagawa Prefecture; Representative Director 岩橋由紀江) and make it a subsidiary, and made 協立電機工業株式会社 a subsidiary on 3 December 2019.」

    Under the policy of treating M&A as an option for expanding business scale and diversifying sources of earnings, the conversion of 協立電機工業 into a subsidiary was completed.
  15. FY2019-Q3AchievedAnnual report

    「The company entered into a share transfer agreement to acquire all shares of 株式会社ミモト dated 24 May 2019, acquired all of the company’s shares on the same date and made it a subsidiary. Voting rights acquired: 100%」

    Following the basic agreement in the previous quarter, the acquisition of all shares of 株式会社ミモト and its conversion into a wholly owned subsidiary were completed, and it became a consolidated subsidiary from the third quarter of the current consolidated fiscal year.
  16. FY2019-Q2AdvancedAnnual report

    「At a Board of Directors meeting held on 15 April 2019, the company resolved to enter into a basic agreement to acquire the shares of 株式会社ミモト (Sakaide, Kagawa Prefecture; Representative Director 味元 勝弘) and make it a subsidiary.」

    The company resolved to enter into a basic agreement to acquire the shares of 株式会社ミモト and make it a subsidiary, specifying 24 May 2019 as the planned acquisition date and a post-acquisition ownership interest of 100%.
  17. FY2019-Q1AdvancedAnnual report

    「① Funds held in reserve for M&A, capital and business alliances, and investments and loans 1,500 ② Repayment of borrowings to strengthen the financial position 145 Total 1,645」

    The intended use of funds, including ¥1.5 billion held in reserve for M&A, capital and business alliances, and investments and loans, has been specified, marking a shift from viewing M&A as an option to making financial preparations for it.
  18. FY2018First statedAnnual report

    「The Group considers M&A one of the options for expanding its business scale and diversifying its sources of earnings.」

    The policy of positioning M&A as a means of expanding business scale and diversifying sources of earnings is stated explicitly for the first time.
Moved together

"Improving production efficiency to meet strong order demand" moved the same way as this thread, in the same document, in 7 of its 22 moves.

765544★123456
  1. ★This thread
  2. 1Improving production efficiency to meet strong order demand7×
  3. 2Steady orders for marine equipment driven by improving shipbuilding market conditions6×
  4. 3Securing and Developing Talent with Diverse Capabilities5×
  5. 4Expanding sales of the “Naias” sprinkler fire extinguishing system5×
  6. 5Expansion of the Environmental Equipment and Maintenance Businesses through the Acquisition of コーベックス株式会社4×
  7. 6Developing New Markets for Growth4×

★ 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
Puequ's next results are scheduled for 2026-10-14. Read the earnings preview It last moved in the Earnings of 2026-10-14: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Expanding Business Scale and Diversifying Revenue Sources Through M&A | Puequ CO.,LTD. (9264) | Komori