Noritsu Koki Co., Ltd.
Announcement of Completion of Share Acquisition of SENKUXIA Co., Ltd. (Subsidiarization)
Noritsu Koki Co., Ltd. completed the acquisition of all shares of SENKUXIA Co., Ltd. for approximately 80 billion yen, concluding its subsidiarization. The impact will be reflected in the consolidated results for the fiscal year ending December 2026.
Key Figures
- Enterprise Value Assessment: Approximately 80 billion yen
- Acquisition Financing: 30 billion yen cash on hand + 50 billion yen bridge loans
- SENKUXIA Consolidated Net Sales for Fiscal Year Ending March 2025: 35,413 million yen
AI要約
Overview of M&A
Noritsu Koki Co., Ltd. completed the acquisition of shares (subsidiarization) of SENKUXIA Co., Ltd., which was publicly announced on January 15, 2026, as of February 2, 2026. SENKUXIA’s business encompasses the manufacturing and sales of building materials equipment and related construction work, with consolidated net sales of 35,413 million yen and operating income of 5,134 million yen for the fiscal year ending March 2025. The acquisition price was determined to be approximately 80 billion yen based on an independent third-party valuation and was financed with 30 billion yen in cash on hand and 50 billion yen in bridge loans.
Future Outlook and Financial Measures
SENKUXIA is scheduled to become a consolidated subsidiary from the first quarter of the fiscal year ending December 2026, and the financial results for the fiscal year ending December 2025 will not be affected. The impact will be reflected in the consolidated earnings guidance to be announced on February 13 for the fiscal year ending December 2026. Post-acquisition, Noritsu Koki will proceed with the sale of held assets and refinancing of the bridge loans to strengthen its financial base. Additionally, representation and warranty insurance is planned to be utilized against unforeseen risks.
