Diversifying the Earnings Base through New Business Areas and M&A
First written in FY2017. 5 of 10 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2024.
89 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「In December 2023, to strengthen our efforts toward a decarbonized society, we acquired all shares of 株式会社テス東北, whose core business is the installation of solar power generation equipment and the sale of related equipment, and made it a consolidated subsidiary.」
Regarding the policy of diversifying the earnings base through M&A and other measures and expanding the environmental business, the disclosure states that all shares of 株式会社テス東北 were acquired in December 2023 and the company was made a consolidated subsidiary. - FY2024-Q2RestatedAnnual report
「The main funding needs for investment purposes relate to the acquisition of new real estate, the opening of new restaurants, M&A investments and other matters.」
The acquisition of new real estate, the opening of new restaurants and M&A investments continue to be described as funding needs for investment purposes. - FY2024-Q1AdvancedAnnual report
「To expand that business, we newly acquired the solar power generation business. Consideration for acquisition Cash ¥425 million Acquisition cost ¥425 million」
The disclosure describes specific progress on the policy of diversifying the earnings base through new businesses and M&A, namely the acquisition of a solar power generation business for cash consideration of ¥425 million on 1 March 2023. - FY2021RestatedAnnual report
「In addition to the issues described above, we will pursue appropriate capital policies and enhance corporate governance, while seeking investment opportunities including M&A and promoting diversification of our earnings base.」
The policy of pursuing investment opportunities including M&A and diversifying the earnings base is reiterated. - FY2019RestatedAnnual report
「In addition to the strategies described above, we will pursue appropriate capital policies and enhance corporate governance, while seeking investment opportunities including M&A and promoting diversification of our earnings base.」
The policy of pursuing investment opportunities including M&A and diversifying the earnings base continues to be described. - FY2019-Q3AdvancedAnnual report
「Date of business combination 31 October 2018 (deemed acquisition date) The voting rights ratio represented by the additional shares acquired was 15%. To further enhance the enterprise value of the Subaru Enterprise Group, we acquired the shares held by non-controlling shareholders and made the company a wholly owned subsidiary.」
On 31 October 2018, additional shares in 株式会社東京ハイウエイ were acquired, representing 15% of the voting rights, making it a wholly owned subsidiary. The disclosure describes specific progress in strengthening the earnings base and enhancing enterprise value through M&A and other measures. - FY2018RestatedAnnual report
「In August during the period, we made the 3 companies of the I.S.S. Group, whose core business is the design of bridges, civil engineering structures and other facilities, consolidated subsidiaries.」
The full-year report reconfirms the M&A transaction that made the 3 I.S.S. Group companies consolidated subsidiaries and the integration of the design business into the Group. - FY2018-Q3AdvancedAnnual report
「In August during the period, we made the 3 companies in the アイ・エス・エスグループ, whose core business is the design of bridges, civil-engineering structures and other facilities, consolidated subsidiaries: 株式会社アイ・エス・エスグループ本社, 株式会社アイ・エス・エス and 株式会社アイ・エス・エス・アールズ.」
Regarding diversification of the earnings base through M&A, it states that the 3 companies in the アイ・エス・エスグループ acquired in August were incorporated into the business as consolidated subsidiaries. It also states that the number of employees in the road-related business increased by 119. - FY2018-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 July 2017, the Company resolved to acquire all shares of 株式会社アイ・エス・エスグループ本社 (head office: Meguro-ku, Tokyo; hereinafter, the “Company”) and make it a subsidiary, and acquired the shares on 1 August 2017.」
Regarding the policy of diversifying the earnings base through M&A and other measures, it describes specific progress in acquiring all shares of a company engaged in bridge design and construction design on 1 August 2017 and making it a subsidiary. The acquisition price was ¥1.125 billion, and the percentage of voting rights acquired was 100%. - FY2017First statedAnnual report
「We will pursue diversification of our earnings base by exploring new businesses that can provide new sources of revenue while also pursuing potential investments, including M&A.」
It describes, for the first time as a company-wide measure, exploring new businesses, pursuing potential investments including M&A and diversifying the earnings base.