Nippon Hume Corporation
Notice Regarding the Acquisition of Shares of Manac Co., Ltd. (Subsidiarization)
Nippon Hume Corporation plans to acquire over 90% of the shares of Manac Co., Ltd. and make it a subsidiary. The acquisition price is undisclosed, with the transfer scheduled for execution on 2026-02-27.
Key Figures
- Number of Shares Acquired: Undecided (Expected voting rights ownership over 90%)
- Acquisition Price: Undisclosed (Determined through a fair process)
- Manac Co., Ltd. Sales (Fiscal Year Ending December 2024): 5,987 million JPY
AI要約
Overview of the M&A
At the Board of Directors meeting held on 2026-01-30, Nippon Hume Corporation resolved to acquire shares of Manac Co., Ltd. and make it a subsidiary. Manac Co. has an integrated system from concrete pile manufacturing to construction in the Chubu region, possessing a strong customer base and brand power. This share acquisition is a strategic investment aimed at establishing a competitive advantage in the foundation business in the Chubu region and resolving growth constraints. Although the number of shares to be acquired is undecided, the ownership ratio of voting rights is expected to exceed 90%. The transfer price remains undisclosed but was determined through a fair process.
Future Outlook and Impact
The share transfer execution date is scheduled for 2026-02-27, subject to approvals from relevant authorities. The impact on consolidated results for the fiscal year ending March 2026 is expected to be minimal, and if any material impact arises, it will be disclosed promptly. Nippon Hume will leverage this opportunity to strengthen the competitiveness of its foundation business and promote M&A along with human resources and capital investments to enhance corporate value in the medium to long term.
