Nittoku Co.,Ltd.
Notice Regarding Establishment of Subsidiary and Business Transfer
NITTOKU Co., Ltd. will establish a subsidiary in March 2026 and acquire the laser processing system business of Kataoka Manufacturing Co., Ltd. for 2,100 million yen. The business transfer will be conducted with joint investment from the Development Bank of Japan Inc.
Key Figures
- Acquisition Price: 2,100 million yen (cash settlement)
- Revenue of Acquired Business (Fiscal Year Ending January 2025): 1,693 million yen
- Planned Subsidiary Establishment Date: March 2026
AI要約
Overview of Subsidiary Establishment and Business Acquisition
NITTOKU Co., Ltd. has resolved to establish a subsidiary named "NITTOKU KYOTO Co., Ltd." in March 2026 and acquire the laser processing system business of Kataoka Manufacturing Co., Ltd. through an absorption-type company split. The acquisition price is 2,100 million yen and will be settled in cash. The newly established subsidiary will acquire the business’s operating inventories, tangible and intangible fixed assets, and accounts payable. The co-investor, the Development Bank of Japan Inc., will participate through non-voting preferred shares.
Purpose of Business Acquisition and Future Outlook
This business acquisition aims to expand revenue opportunities and future growth of the laser-related business within the NITTOKU Group. The acquired business’s sales over the past three years ranged from 1,164 million yen to 1,951 million yen, and the impact on consolidated earnings for the fiscal year ending March 2026 is expected to be minor. Should any matters requiring disclosure arise in the future, they will be promptly announced.
