Aica Kogyo Company, Limited
【AICA KOGYO】Completion of Share Acquisition of Indian Subsidiary | June 2026
AICA KOGYO has acquired a 40.0% stake in Stylam Industries Limited in India, completing the consolidation. The acquisition was finalized on June 17, 2026, establishing a new board of directors. This is a significant M&A that will impact future performance.
Key Figures
- Consolidated Net Assets: 8,069.5 million rupees (approximately 13.79 billion yen)
- Consolidated Sales: 11,360.9 million rupees (approximately 19.42 billion yen)
- Net Income Attributable to Owners of Parent: 1,498.7 million rupees (approximately 2.56 billion yen)
AI要約
Overview of Share Acquisition of Indian Subsidiary
AICA KOGYO acquired a 40.0% stake in Stylam Industries Limited in India on June 17, 2026, completing the consolidation. Stylam engages in manufacturing and sales of building materials. For the fiscal year 2024, its consolidated net assets were approximately 9.17 billion yen, with sales of approximately 15.72 billion yen. The acquisition aims to expand AICA's overseas operations and strengthen its business foundation, with a new board of directors also established.
Future Outlook and Impact
The impact of this acquisition on the consolidated financial results for the fiscal year ending March 2027 has already been incorporated into the previously announced forecasts. Going forward, the company will focus on expanding its business in the Indian market and improving profitability, aiming for overall group growth. The consolidated financial indicators remain steady, and future performance improvements are anticipated.
AICA KOGYO CO., LTD.
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