Consideration of entry into new business areas, including M&A
First written in FY2016. 4 of 10 entries say "Advanced", first in FY2022. Latest entry: 2026-07-30.
32 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「At a board meeting held on 25 July 2025, we resolved to acquire shares in FUCHI Pte. Ltd., our equity-method affiliate, by subscribing to a third-party allotment of new shares and to make FUCHI a subsidiary. Based on this resolution, we entered into an agreement on the same date and made the investment on 21 August 2025.」
Entry into new and adjacent businesses, including M&A, was executed through subscribing to a third-party allotment of new shares in FUCHI and making it a consolidated subsidiary. The voting-rights ownership ratio after the acquisition is 70%. - FY2024-Q3RestatedAnnual report
「During the first quarter of the consolidated fiscal year, we acquired 30% of the issued shares of FUCHI Pte. Ltd. on 1 June 2023, making it an equity-method affiliate.」
The continuing status of the acquisition of a 30% stake in FUCHI as an equity-method affiliate has been reaffirmed. No new M&A execution is stated. - FY2024-Q1AdvancedAnnual report
「At a board meeting held on 26 April 2023, we resolved to acquire 30% of the issued shares of FUCHI Pte. Ltd. and entered into a share transfer agreement on the same date. We acquired the shares on 1 June 2023 and made FUCHI an equity-method affiliate.」
The consideration of entry into new and adjacent businesses, including M&A, was executed through the acquisition of a 30% stake in FUCHI Pte. Ltd. and its designation as an equity-method affiliate. - FY2023-Q2RestatedAnnual report
「During the first quarter of the consolidated fiscal year, we acquired all shares of オトワコーエイ on 1 April 2022, making it a consolidated subsidiary.」
The acquisition of all shares of オトワコーエイ and its conversion into a subsidiary have been reaffirmed. The acquisition itself was completed on 1 April 2022, and no new acquisition is stated. - FY2023-Q1RestatedAnnual report
「The company’s business operations align with the roadmap for “winning orders for complete underground construction projects” set out in the GECOSS Group’s “GECOSS Group 10-Year VISION.” We therefore decided to acquire the shares in question because combining our group’s sales capabilities with the company’s strong construction expertise is expected to create synergies for business expansion.」
The rationale for the M&A, linking the acquisition of all shares of オトワコーエイ and its conversion into a subsidiary with the expansion of orders for complete underground construction projects, has been reaffirmed. The acquisition itself was completed on 1 April 2022. - FY2022AdvancedAnnual report
「At a board meeting held on 25 February 2022, we resolved to acquire all shares of オトワコーエイ and make it a subsidiary, and entered into a share transfer agreement on the same date. The acquisition of all shares was completed on 1 April 2022.」
The consideration of entry into new and adjacent businesses, including M&A, progressed to the execution stage with the completion of the acquisition of all shares of オトワコーエイ. - FY2021RaisedAnnual report
「For these businesses, we will promptly strengthen cooperation with the JFE Group and select partner companies, including through M&A, to accelerate growth.」
The previous consideration of new businesses, including M&A, was given more concrete form through a policy of promptly selecting partner companies to accelerate growth in adjacent businesses. - FY2016First statedAnnual report
「We will also continue considering entry into new business areas, including M&A.」
No specific targets or timing are stated.