Furukawa Co.,Ltd.
Notice Regarding the Execution of Share Transfer Agreement of Earth Technica Co., Ltd.
Furukawa Co., Ltd. will acquire shares of Earth Technica Co., Ltd. from Kawasaki Heavy Industries in two stages, acquiring 60% on April 1, 2026, and the remaining 40% on April 1, 2027.
Key Figures
- Total Number of Shares Acquired: 25,800 shares (planned 100% acquisition)
- Earth Technica Net Sales (Fiscal Year Ending March 2025): 17,020 million yen
- Earth Technica Net Income Attributable to Owners of Parent (Fiscal Year Ending March 2025): 775 million yen
AI要約
Overview of the M&A
Furukawa Co., Ltd. signed a contract on February 9, 2026, to acquire shares of Earth Technica Co., Ltd., which is 100% owned by Kawasaki Heavy Industries, in two stages. In the first stage, 60% of the shares will be acquired on April 1, 2026, and in the second stage, the remaining 40% will be acquired on April 1, 2027, aiming for full subsidiary status. Earth Technica possesses advanced technology mainly in the crushing machinery business, with strengths in the environmental recycling sector and the mining and quarrying markets, expected to create synergy effects with Furukawa’s machinery business.
Future Outlook and Impact
Through this share transfer, Furukawa Co., Ltd. aims to leverage Earth Technica’s technological capabilities and customer base to enhance technology in the crushing machinery business, as well as strengthen productivity and cost competitiveness. Investment of management resources into the environmental recycling sector will also progress, targeting market expansion both domestically and internationally. The execution of the transfer is conditional upon completion of required procedures such as antitrust law approvals, and the impact on business performance will be disclosed going forward.
