Sanyo Trading Co., Ltd.
Notice Regarding Share Acquisition Involving Change of Subsidiary
Sanyo Trading Co., Ltd. plans to acquire all 600 shares of Kitakyu Subsea Co., Ltd., making it a subsidiary. Acquisition price is undisclosed; the share transfer agreement is scheduled for April 10, 2026, and the transfer execution for May 29, 2026.
Key Figures
- Number of shares acquired: 600 shares (100.0% voting rights ownership)
- Share transfer agreement signing date: 2026-04-10
- Share transfer execution scheduled date: 2026-05-29
AI要約
Overview of the M&A
As part of its growth strategy under the long-term management plan "SANYO VISION 2028," Sanyo Trading Co., Ltd. has resolved to acquire all 600 shares of Kitakyu Subsea Co., Ltd., making it a subsidiary. Kitakyu Subsea's main business includes marine surveying, inspection, construction services, and sales of equipment such as compressors. The company has over 40 years of history and holds strong trust relationships with its customers. This acquisition will enable the provision of solutions combining marine-related equipment and services, and will also promote the expansion of offshore wind power-related businesses.
Details of the Share Acquisition and Future Outlook
The share transfer agreement is scheduled to be signed on April 10, 2026, with the transfer execution planned for May 29, 2026. The acquisition price is undisclosed due to confidentiality obligations, but its appropriateness has been confirmed via third-party due diligence and valuation. Additionally, the Kyushu Diving Center business, operated by the founder of Kitakyu Subsea, is also planned to be acquired through business transfer. The impact of this share acquisition on the consolidated results for the current fiscal year is expected to be minimal.
