Nippon Hume Corporation
Notice Regarding Completion of Acquisition of Shares of Manac Co., Ltd. (Subsidiarization) and Appointment of Directors of the Subsidiary
Completed the acquisition of 112,818 shares (99.7% voting rights) of Manac Co., Ltd. as of February 27, 2026, making it a subsidiary. Net sales for the fiscal year ending December 2024 were JPY 5,987 million.
Key Figures
- Number of shares acquired: 112,818 shares (99.7% voting rights)
- Net sales of Manac Co., Ltd.: JPY 5,987 million (fiscal year ending December 2024)
- Share acquisition completion date: 2026-02-27
AI要約
Overview of the M&A
Nippon Hume Corporation completed the acquisition of 112,818 shares of Manac Co., Ltd. as of February 27, 2026, holding 99.7% of voting rights, resulting in the company becoming its subsidiary. Manac Co., Ltd.'s main businesses include manufacturing and sales of concrete piles and comprehensive pile-driving construction services, with net sales of JPY 5,987 million in the fiscal year ending December 2024. Before the acquisition, Nippon Hume held zero shares.
Director Appointments and Future Outlook
As the new management team of subsidiary Manac Co., Ltd., Mr. Noboru Yokoi was appointed as President and Representative Director. Several other directors and auditors were also appointed. The impact of this transaction on the consolidated performance for the fiscal year ending March 2026 is expected to be minimal. Should any significant impact be identified in the future, prompt disclosure will be made. Nippon Hume will continue to enhance corporate value through M&A activities, investment in human capital and R&D, and investments in carbon-neutral facilities.
