Komori
Kddi (9433) · TargetAdvanced

M&A on a scale of ¥500 billion to support growth

First written in FY2016. 8 of 9 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2019-Q3.

9entries
4years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2016AdvancedFY2017-Q3 – FY2019-Q32016: 120162017: 320172018: 420182019: 12019
Same theme, other companies
Establishment of a growth investment allocation under the medium-term management planA theme 129 companies write about · 0 as a headwind · 139 as a tailwind

60 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 129 companies compared. The sentences above are computed from all 129.
Full recordFilings, disclosures and news, newest first
  1. FY2019-Q3AdvancedAnnual report

    「On 27 December 2018, the Company acquired additional shares of 株式会社エナリス through a tender offer. As a result, エナリス and its consolidated subsidiaries became consolidated subsidiaries of the Company on the same date.」

    The Company increased its voting rights ratio in エナリス from 29.73% to 50.13% and made it a consolidated subsidiary for an acquisition price of ¥17,117 million. This was a new transaction related to the cumulative 3-year growth investment target of approximately ¥500 billion.
  2. FY2019-Q2AdvancedAnnual report

    「On 3 August 2018, the Company acquired a 16.63% stake in 株式会社カカクコム, representing 16.63% of its issued shares, from its shareholders for ¥79,307 million. In October 2018, taking into account the secondment of directors and other factors, the Company made the target company an equity-method affiliate.」

    The investment in カカクコム progressed from the acquisition of shares to the company becoming an equity-method affiliate, giving concrete form to the execution of growth investment.
  3. FY2019-Q1AdvancedAnnual report

    「On 3 August 2018, the Company acquired a 16.63% stake in 株式会社カカクコム, representing 16.63% of its issued shares, from its shareholders for ¥79,307 million.」

    The Company disclosed the acquisition of a 16.63% stake in カカクコム for ¥79,307 million as part of its growth-oriented M&A investment.
  4. FY2018AdvancedAnnual report

    「In January of the same year, the Company made 株式会社イーオンホールディングス, a leading foreign-language education company, a consolidated subsidiary and entered the education business.」

    As growth investment, the Company completed the acquisition of all shares of イーオンHD and made it a consolidated subsidiary, thereby entering the education market. The acquisition price was ¥86,173 million.
  5. FY2018-Q3AdvancedAnnual report

    「On 22 January 2018, the Company acquired all shares of 株式会社イーオンホールディングス from its shareholders. As a result, イーオンHD and its consolidated subsidiaries became consolidated subsidiaries of the Company on the same date. The acquisition price was ¥86,173 million.」

    As growth investment, the Company acquired all shares of イーオンHD and made it a consolidated subsidiary. The acquisition price was ¥86,173 million.
  6. FY2018-Q2AdvancedAnnual report

    「In August of the same year, the Company also made 株式会社ソラコム, a leading IoT company, a consolidated subsidiary.」

    As growth investment, the Company made the IoT company ソラコム a consolidated subsidiary.
  7. FY2017AdvancedAnnual report

    「On 31 January 2017, the Company acquired all shares of a special-purpose company that owned 100% of the shares of Biglobe Inc. from, among others, 日本産業パートナーズ株式会社.」

    The Company made Biglobe a wholly owned subsidiary as growth investment. The acquisition price was ¥36,996 million, making this a specific transaction toward the cumulative 3-year M&A target of approximately ¥500 billion.
  8. FY2017-Q3AdvancedAnnual report

    「On 31 January 2017, the Company acquired all shares of a special-purpose company that owned 100% of the shares of Biglobe Inc. from, among others, 日本産業パートナーズ株式会社.」

    As growth-oriented M&A, Biglobe was made a wholly owned subsidiary for an acquisition price of ¥37.0 billion.
  9. FY2016First statedAnnual report

    「• M&A to drive growth: approximately ¥500 billion cumulatively over 3 years」

    This indicates the scale of M&A as growth investment over the three-year period from fiscal 2016 through fiscal 2018.
Moved together

"7% CAGR in Consolidated Operating Profit" moved the same way as this thread, in the same document, in 8 of its 9 moves.

887665★123456
  1. ★This thread
  2. 17% CAGR in Consolidated Operating Profit8×
  3. 2Maximizing the au ecosystem, including payments, commerce, energy and financial services8×
  4. 3Making the Myanmar telecommunications business a core pillar of the global business7×
  5. 4Aggressive expansion of the global business6×
  6. 5Launch of New Pricing Plans and Device Purchase Programs6×
  7. 6Strengthening the foundation of the corporate ICT business centered on TELEHOUSE5×

★ 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
Kddi's next results are scheduled for 2026-11-06. Read the earnings preview
News
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