Establishing the scale and strengthening the functions of a nationwide wholesaler
First written in FY2016-Q3. 12 of 17 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2024-Q1.
No other company in this theme has enough history to compare yet.
- FY2024-Q1AdvancedAnnual report
「During the first quarter consolidated accounting period, the company acquired shares in Teo Soon Seng Pte. Ltd., headquartered in Singapore, and made it a consolidated subsidiary. In connection with this acquisition, its 2 subsidiaries, including Jia Mei Trading (s) Pte. Ltd., also became consolidated subsidiaries from the first quarter consolidated accounting period.」
In addition to the acquisition of TSS, 2 of its subsidiaries became consolidated subsidiaries, expanding the scale and functions of the overseas wholesale business in Singapore. - FY2023AdvancedAnnual report
「In October 2023, the Group acquired shares in Teo Soon Seng Pte. Ltd., a Singaporean food wholesaler, and sought to become a firmly established wholesale group in both countries by making both companies consolidated subsidiaries.」
Following NKP, the acquisition of TSS brought the Group to the stage of further expanding its overseas business scale and wholesale functions. - FY2023-Q2AdvancedAnnual report
「The company acquired shares in Nam Khai Phu Service Trading Production Joint Stock Company, headquartered in the Socialist Republic of Vietnam, on 3 April 2023.」
The acquisition of shares in NKP was completed on 3 April 2023, moving the strengthening of business scale and wholesale functions in Vietnam to the execution stage. The voting rights acquired were 100%, and the acquisition cost was ¥723 million. - FY2023-Q1AdvancedAnnual report
「In April 2023, the Group planned to acquire shares in Nam Khai Phu Service Trading Production Joint Stock Company, a Vietnamese food wholesaler, and make it a consolidated subsidiary. It aims to become a firmly established wholesale group in Vietnam and will continue to further expand its overseas business as a whole, particularly in Southeast Asia.」
The planned acquisition of shares in NKP gives concrete form to the goal of becoming a firmly established wholesale group in Vietnam and expanding the overseas business in Southeast Asia. - FY2022-Q2AdvancedAnnual report
「In April 2022, the Group acquired shares in a local company to establish a regional headquarters in Malaysia. Going forward, it will seek to further expand its existing business by consolidating and centralizing administrative functions in Malaysia.」
The acquisition of a local company to establish a regional headquarters in Malaysia represents a concrete measure to strengthen and expand the existing overseas business base from an administrative perspective. - FY2022-Q1RestatedAnnual report
「The Group has positioned its overseas business as one of its future growth strategies, developing food wholesale businesses in Malaysia, Vietnam, Singapore and China and working to strengthen its food distribution business across Asia, including Japan.」
It continues to pursue food wholesale businesses in Asian countries and strengthen its food distribution capabilities through its overseas operations. - FY2021AdvancedAnnual report
「In October 2020, the Group acquired shares in Merison (M) Sdn.Bhd., whose operating area covers south-central Peninsular Malaysia, and made it a consolidated subsidiary. As a result, the Group became one of the largest wholesale groups in Malaysia, with an operating area covering the entire Malay Peninsula. In addition, in July 2021, the Group acquired shares in Song Ma Retail Joint Stock Company, whose operating area covers southern Vietnam, and made it a consolidated subsidiary, becoming a leading wholesale group in that country as well. The Group will continue to further expand its overseas business as a whole.」
It explains that, following the acquisition and consolidation of SMRC after Merison, the Group became a leading wholesale group in Vietnam and sets out a policy of further expanding its overseas business as a whole. - FY2021-Q3AdvancedAnnual report
「The company acquired shares in Song Ma Retail Joint Stock Company, headquartered in the Socialist Republic of Vietnam, on 1 July 2021.」
The acquisition of shares in SMRC was completed on 1 July 2021, moving the expansion of the commercial area into southern Vietnam and the Mekong Delta to the execution stage. - FY2021-Q2AdvancedAnnual report
「In April 2021, the Group entered into a share transfer agreement to acquire shares in Song Ma Retail Joint Stock Company, whose operating area covers southern Vietnam, with the aim of further expanding its existing business in Vietnam.」
The share transfer agreement for SMRC, a wholesaler in southern Vietnam, was signed, giving concrete form to the strengthening of business scale and functions through expansion of the commercial area in Vietnam. - FY2021-Q1RestatedAnnual report
「The Group has pursued the development and establishment of a food distribution business in Asia, where retail markets are expanding with economic growth, in order to establish the scale of an independent, prominent wholesaler and further strengthen its functions with a view to the next stage of growth.」
The company continues to explain the link between establishing business scale and strengthening functions and developing and establishing a food distribution business in Asia. - FY2020AdvancedAnnual report
「In October 2020, the acquisition of shares in Merison (M) Sdn.Bhd., whose operating area covers south-central Peninsular Malaysia, was completed. As a result, the Group became one of the largest wholesale groups in Malaysia, with an operating area covering the entire Malay Peninsula.」
The acquisition of Merison was completed, bringing the Group to the stage of becoming one of the largest wholesale groups in Malaysia, with an operating area covering the entire Malay Peninsula. - FY2020-Q1AdvancedAnnual report
「In December 2019, the Group entered into a share transfer agreement to acquire shares in Merison (M) Sdn.Bhd., whose operating area covers south-central Peninsular Malaysia. This is expected to make the Group one of the largest wholesale groups in Malaysia, with an operating area covering the entire peninsula, while also generating synergies with the Group's Singapore business, further strengthening its business expansion.」
The share acquisition agreement for Merison demonstrates concrete progress toward entering the southern Malaysian market and becoming one of the country's largest wholesale groups, with an operating area covering the entire Malay Peninsula. - FY2018-Q2RestatedAnnual report
「The Group has pursued the development and establishment of a food distribution business in Asia, where retail markets are expanding with economic growth, in order to establish the scale of an independent, prominent wholesaler and further strengthen its functions with a view to the next stage of growth.」
It continues to link the establishment of scale and functional capabilities as an independent wholesaler with the development and establishment of a food distribution business in Asia. - FY2018-Q1AdvancedAnnual report
「The Group already operates in Malaysia, but through this acquisition it intends to further enhance its presence in the country, promote collaboration with its businesses in China, Singapore and Vietnam, and further strengthen its overseas business operations, thereby working to enhance corporate value.」
The acquisition of shares in Lein Hing Holdings was completed on 30 January 2018, marking concrete progress toward expanding the Group's business base and scale in Malaysia. - FY2017-Q3AdvancedAnnual report
「The Group already operates in Malaysia, but through this acquisition it intends to further enhance its presence in the country, promote collaboration with its businesses in China, Singapore and Vietnam, and further strengthen its overseas business operations, thereby working to enhance corporate value.」
The acquisition of a leading Malaysian wholesaler demonstrates concrete progress toward strengthening the scale and functions of the Group as a nationwide wholesaler. - FY2016RestatedAnnual report
「The Group has focused particularly on Asia, where retail markets are expanding with economic growth, in order to establish the scale of an independent, prominent nationwide wholesaler and further strengthen its functions with a view to the next stage of growth.」
The establishment of scale and functional capabilities as a nationwide wholesaler, together with its focus on Asia, continues to be presented as the rationale for acquiring a Vietnamese company. - FY2016-Q3First statedAnnual report
「The Group has focused particularly on Asia, where retail markets are expanding with economic growth, in order to establish the scale of an independent, prominent nationwide wholesaler and further strengthen its functions with a view to the next stage of growth.」
It links the establishment of business scale and functional enhancement with the next stage of growth and its focus on Asia.