Promoting M&A in Related Business Areas
First written in FY2020. 3 of 6 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company plans to strengthen its order-taking capabilities and secure order volumes by increasing the momentum behind the plan through M&A, encouraging construction management engineers to obtain qualifications, and digitizing and centralizing construction-related administrative work.」
The policy of strengthening order-taking capabilities, including through M&A in related business fields, was reiterated as a measure for the specialty construction business. - FY2024AdvancedAnnual report
「In May 2022, the Group formulated a medium-term management plan covering the 56th to 58th fiscal years. It plans to expand the scale of its business by actively pursuing business alliances and M&A in the construction division, while also strengthening collaboration within the Group through technical exchanges and the development of a mutual support system.」
Based on its M&A policy for related business fields, the Company converted Darling Sangyo and Marukin Construction into subsidiaries and pursued expansion and regional development in the construction division. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 31 August 2023, the Company resolved to acquire all shares of Marukin Construction Co., Ltd. and convert it into a subsidiary. Based on this resolution, the Company entered into a share transfer agreement dated 31 August 2023 and acquired the shares on 2 October 2023.」
A specific transaction was executed under the M&A policy for related business fields: the acquisition of all shares of Marukin Construction Co., Ltd. and its conversion into a subsidiary. - FY2024-Q1AdvancedAnnual report
「Hokuto Denki Kogyo Co., Ltd., a consolidated subsidiary of the Company, acquired all shares of Darling Sangyo Co., Ltd. and converted it into a subsidiary on 1 March 2023. As a result, Darling Sangyo has been included in the scope of consolidation from the first quarter of the current consolidated fiscal year.」
A specific example was added to the M&A policy for related business fields: Hokuto Denki Kogyo Co., Ltd.'s acquisition of all shares of Darling Sangyo Co., Ltd. and its conversion into a subsidiary. - FY2021RestatedAnnual report
「We believe that growing our existing businesses requires combining them with related businesses and growing them together. Accordingly, we will pursue M&A involving excellent companies that face difficulties with business succession and have deep ties to our businesses.」
The policy of pursuing M&A in related business fields targeting companies that face difficulties with business succession and have deep ties to the Company's businesses was reiterated. - FY2020First statedAnnual report
「We believe that growing our existing businesses requires combining them with related businesses and growing them together. Accordingly, we will pursue M&A involving excellent companies that face difficulties with business succession and have deep ties to our businesses.」
The policy of pursuing M&A targeting companies that face difficulties with business succession and have deep ties to the Company's businesses was explicitly stated for the first time.