Acquiring franchisees, alliances with companies in other industries and M&A of companies holding properties
First written in FY2017. 6 of 10 entries say "Restated". Latest entry: FY2024.
0 other companies' latest entry also says "Achieved".
- FY2024AchievedAnnual report
「On 29 November 2023, with the aim of strengthening competitiveness, the company entered into a capital alliance agreement with BCPE KNIGHT HOLDINGS CAYMAN, L.P., acquired the interest on 29 February 2024 and accounted for the KIRINDO Group under the equity method.」
Regarding the capital alliance with the KIRINDO Group, the company completed the acquisition of the interest and application of the equity method on 29 February 2024 after entering into the agreement. - FY2024-Q3AdvancedAnnual report
「SUNDRUG CO.,LTD. (the "Company" or "SUNDRUG") resolved at an extraordinary meeting of the Board of Directors held on 29 November 2023 to acquire from an investment fund advised by Bain Capital Private Equity, LP and its group an indirect interest equivalent to 33.4% of 株式会社BCJ-47, which owns shares in 株式会社キリン堂ホールディングス ("KIRINDO HD"), and to make KIRINDO HD an equity-method affiliate. The Company entered into a PURCHASE AND SALE AGREEMENT on the same date.」
Regarding its policy of expanding business scale through M&A and alliances, the company resolved on a capital alliance to make KIRINDO HD an equity-method affiliate and entered into an agreement to acquire a 33.4% indirect interest. The interest acquisition was scheduled for February 2024. - FY2024-Q2RestatedAnnual report
「Revenue exceeded the level of the same period of the previous year, owing to aggressive new store openings and the effects of making 大屋 a wholly owned subsidiary.」
The company has reiterated the effects of measures to expand business scale, including making 大屋 a wholly owned subsidiary, as a factor behind higher revenue in the drugstore business. - FY2023RestatedAnnual report
「The Group aims to further expand its business scale and enhance corporate value through new store openings by Group companies, the development of its franchise business and the use of M&A.」
The company continues its policy of expanding business scale through new store openings, franchising and M&A, citing the conversion of 大屋 into a wholly owned subsidiary as a specific example. - FY2023-Q3RestatedAnnual report
「In October 2022, the company also acquired all shares of 株式会社大屋, a former franchisee in the Shikoku area with 56 stores, and made it a wholly owned subsidiary.」
The company has reiterated its M&A to make 大屋 a wholly owned subsidiary and its efforts to establish an operating base in Shikoku. - FY2023-Q2AdvancedAnnual report
「At an extraordinary meeting of the Board of Directors held on 1 September 2022, the company resolved to acquire all shares of 株式会社大屋, which operates drugstores in the Shikoku region, and make it a wholly owned subsidiary. 株式会社大屋 is headquartered in Saijo, Ehime Prefecture, and its representative director and president is Shintaro Ito. The company entered into a share transfer agreement dated 1 September 2022 and acquired the shares on 3 October 2022.」
As part of its policy of expanding business scale through M&A, the company resolved to acquire all shares of 大屋, which operates drugstores in Shikoku, and make it a wholly owned subsidiary, entered into the agreement, and completed the acquisition on 3 October 2022. - FY2022RestatedAnnual report
「The Group is working to relax its store-opening criteria by strengthening its M&A and store development strategies and improving margins through more accurate merchandising and enhanced sales promotion initiatives.」
The company continues to strengthen its M&A and store development strategies as means of expanding store openings and addressing its store-opening criteria. - FY2019RestatedAnnual report
「To expand its nationwide store network, the Group is pursuing M&A, further new store openings, alliances with companies in other industries and the expansion of its franchise business.」
The company continues to pursue M&A, new store openings, alliances with companies in other industries and franchise expansion as means of expanding its nationwide store network. - FY2018RestatedAnnual report
「We will also actively pursue initiatives including acquiring new franchisees, forming alliances with companies in other industries and conducting M&A of companies that own high-quality properties.」
The company continues to pursue new franchises, alliances with companies in other industries and M&A of companies holding high-quality properties as means of opening stores and expanding the business. - FY2017First statedAnnual report
「We will also actively pursue initiatives including acquiring new franchisees, forming alliances with companies in other industries and conducting M&A of companies that own high-quality properties.」
The company identified new franchises, alliances with companies in other industries and M&A of companies holding high-quality properties as means of opening stores and expanding the business.