Nisshinbo Holdings Inc.
Notice Regarding Acquisition of Water-Related Businesses from Panasonic Connect Co., Ltd.
Resolution to acquire municipal water businesses and power-related water businesses. Transferor is Panasonic Connect; transferee is Japan Radio Co., Ltd. Scheduled execution date is April 1, 2027, with the business transfer agreement signing date on November 4, 2026. Impact on current consolidated results is expected to be minor.
Key Figures
- Acquired business revenue (applicable period): Unknown
- Acquisition consideration: Not disclosed
- Scheduled acquisition execution date: 2027-04-01
AI要約
Overview of the Business Acquisition
Nisshinbo Holdings Inc. resolved at its Board of Directors meeting to acquire the municipal water business and the power-related water business held by Panasonic Connect and have them transferred to Japan Radio Co., Ltd. The rationale for the acquisition is to strengthen proposal capabilities and business foundations in the water resource management field and to expand provision of comprehensive solutions addressing disaster countermeasures and aging infrastructure issues. The business transfer agreement signing date, the scheduled execution date, and an outline of the target businesses are provided.
Outlook and Future Disclosures
The acquisition is expected to be executed after obtaining approvals from the relevant authorities, and the impact on consolidated results for the current fiscal period is currently expected to be minor. The scheduled execution date is April 1, 2027, and additional information will be disclosed as progress is made.
Nisshinbo Holdings Inc.
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