Hokuto Corporation
Notice Regarding Acquisition of Shares of Funagata Mushroom Co., Ltd. (Subsidiarization)
Hokuto Corporation has resolved to acquire 415 shares of Funagata Mushroom Co., Ltd. (100.0% voting rights) and make it a subsidiary. The transfer is scheduled to be executed on April 30, 2026.
Key Figures
- Number of shares acquired: 415 shares (100.0% voting rights ownership)
- Funagata Mushroom Co., Ltd. Net Sales (Fiscal Year Ending March 2025): 1,186 million yen
- Funagata Mushroom Co., Ltd. Operating Income (Fiscal Year Ending March 2025): ▲39 million yen
AI要約
Overview of M&A
Hokuto Corporation has resolved to acquire shares of Funagata Mushroom Co., Ltd. and make it a subsidiary in order to expand its business as a comprehensive company for health food mushrooms. The target company engages in mushroom production and sales, processed product manufacturing and sales, and restaurant management. With 24 years of industry history, it ranks third in the sector. The number of shares to be acquired is 415, representing 100.0% voting rights ownership. The acquisition price is undisclosed due to confidentiality obligations but was determined based on objective valuation criteria.
Outlook and Impact
The impact on the Group’s results for the fiscal year ending March 2027 is expected to be minimal. Going forward, Hokuto will leverage its sales and purchasing power to focus on improving the target company’s performance and aim for overall group growth. The share transfer agreement is scheduled to be signed on April 20, 2026, and the transfer executed on April 30, 2026.
