Second Three-Year Plan: “Business Development Phase”
First written in FY2019-Q3. 5 of 10 entries say "Advanced", first in FY2019. Latest entry: FY2022.
The whole theme swung hardest in 2019: 2 of 11 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2022ReframedAnnual report
「The Group formulated the Third Medium-Term Management Plan, covering the fiscal years ending March 2023 to March 2025, as the final period of its long-term management plan, “Long-Term Management Vision GIFT+1 2024.”」
The framework of the plan shifted from the Second Medium-Term Management Plan, “Business Development Phase,” to the Third Medium-Term Management Plan, which covers the final period. - FY2022-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative third quarter of the current consolidated fiscal year.」
The company reconfirms that there have been no material changes to its management policies or management strategy, including the Second Medium-Term Management Plan, “Business Development Phase.” - FY2022-Q2RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative second quarter of the current consolidated fiscal year.」
The company reconfirms that there have been no material changes to its management policies or management strategy, including the Second Medium-Term Management Plan, “Business Development Phase.” - FY2022-Q1RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative first quarter of the current consolidated fiscal year.」
The company states that there were no material changes during the quarter to its management policies or management strategy, including the Second Medium-Term Management Plan, “Business Development Phase.” - FY2021AdvancedAnnual report
「Our group is currently implementing the Second Medium-Term Management Plan for fiscal 2019 through fiscal 2021, based on the long-term management vision “GIFT＋1 2024,” and intends to appropriately allocate the operating cash flow generated by the business between growth investment and shareholder returns.」
The period of the Second Medium-Term Management Plan is specified as fiscal 2019 through fiscal 2021, and the allocation of cash flow to growth investment and shareholder returns is presented. The company also disclosed fiscal 2021 targets of ¥534.0 billion in revenue, ¥4.9 billion in operating income and ¥2.3 billion in net income attributable to owners of the parent. - FY2021-Q3AdvancedAnnual report
「Business combination date: 5 November 2020 (deemed acquisition date: 30 September 2020). Antalis S.A. was made a wholly owned subsidiary of the Company through the acquisition carried out by means of a tender offer and squeeze-out.」
Growth through the acquisition of external resources under the Second Medium-Term Management Plan, “Business Development Phase,” progressed to an additional concrete milestone: making Antalis a wholly owned subsidiary. - FY2021-Q2AdvancedAnnual report
「Under the Second Medium-Term Management Plan, “Business Development Phase,” which began this fiscal year, the company aims to achieve sustainable growth by incorporating growth through the acquisition of external resources, or inorganic growth, as one of its basic strategies.」
The basic strategy of growth through the acquisition of external resources under the Second Medium-Term Management Plan, “Business Development Phase,” was given concrete form through the acquisition of Antalis S.A. - FY2020-Q1AdvancedAnnual report
「The Second Three-Year Plan beginning in fiscal 2019 defines the period as a “business development phase,” with the overseas business centered on accelerating business expansion in the Asia-Pacific region and pursuing an aggressive M&A strategy. This transaction is positioned as the first step in that strategy.」
The acquisition of Spicers, positioned as the first step in the Second Three-Year Plan, “Business Development Phase,” progressed to the formation of a wholly owned subsidiary. - FY2019AdvancedAnnual report
「The Second Three-Year Plan beginning in fiscal 2019 defines the period as a “business development phase,” with the overseas business centered on accelerating business expansion in the Asia-Pacific region and pursuing an aggressive M&A strategy. This transaction is positioned as the first step in that strategy.」
The annual report reconfirms the contents of the Second Three-Year Plan, “Business Development Phase,” and positions the acquisition of Spicers as its first step. - FY2019-Q3First statedAnnual report
「The First Three-Year Plan, covering fiscal 2016 through fiscal 2018, was positioned as a “Business Structure Reform Phase,” during which the company worked to reshape its business portfolio and strengthen its management platform. As part of this effort, it also completed a new listing on the First Section of the Tokyo Stock Exchange in 2018. The Second Three-Year Plan, which began in fiscal 2019, is positioned as the “Business Development Phase,” with the acceleration of business expansion in the Asia-Pacific region and an aggressive M&A strategy at the core of its overseas business, and this transaction is positioned as the first step in that strategy.」
The Second Three-Year Plan, which began in fiscal 2019 following the Business Structure Reform Phase of the First Three-Year Plan, is explicitly identified for the first time as the “Business Development Phase.” The plan centers on accelerating overseas expansion and pursuing aggressive M&A.