Expanding, Shrinking, Exiting or Selling Businesses Based on Capital Efficiency
First written in FY2023. 3 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 4 of 10 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「・Businesses with high capital efficiency are expanded, while businesses with low capital efficiency are downsized, exited or sold」
The Company reconfirms its policy of using capital efficiency as a basis for decisions on expanding, downsizing, withdrawing from or selling businesses in its portfolio. - 2026-05-13AdvancedFinancial results presentation
「Total gain on sales of ¥3.9 billion (one-time gain)」
The fiscal year ended March 2026 M&A results included the sale of five businesses—CRM-related services, insurance services, OA equipment sales, medical DX and energy-saving services—and the acquisition of an ISP business. - FY2025RestatedAnnual report
「・Businesses with high capital efficiency are expanded, while businesses with low capital efficiency are downsized, exited or sold」
The Company reconfirms its policy of using capital efficiency as a basis for decisions on expanding, downsizing, withdrawing from or selling businesses in its portfolio. - FY2024RestatedAnnual report
「・Businesses with high capital efficiency are expanded, while businesses with low capital efficiency are downsized, exited or sold ・Cost reductions and cash flow improvements are pursued thoroughly regardless of business performance」
The Company reconfirms its policy of using capital efficiency as a basis for decisions on expanding, downsizing, withdrawing from or selling businesses in its portfolio, as well as reducing costs and improving cash flow. - FY2023First statedAnnual report
「Expand businesses with high capital efficiency; shrink, exit or sell businesses with low capital efficiency.」
Explicitly identifies capital efficiency as the basis for decisions to expand, shrink, exit or sell businesses.