Kurabo Industries Ltd. resolved to acquire 21,600,000 shares of Towns (20.27% voting rights) and to enter into a capital and business alliance. Acquisition is scheduled for November 30. Through domestic and international partnerships, the company aims to expand collaboration in the life sciences field. Sales forecast for the fiscal year ending March 2027 is 16,000 million yen; consolidated forecasts are subject to assumptions.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3106","jir_company_name":"Kurabo Industries Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/3106-20261112-03.pdf","jir_short_summary":"Kurabo Industries Ltd. resolved to acquire 21,600,000 shares of Towns (20.27% voting rights) and to enter into a capital and business alliance. Acquisition is scheduled for November 30. Through domestic and international partnerships, the company aims to expand collaboration in the life sciences field. Sales forecast for the fiscal year ending March 2027 is 16,000 million yen; consolidated forecasts are subject to assumptions.","jir_summary":"### Overview of M&A and Capital Alliance\nKurabo Industries Ltd. announced today its plan to acquire 21,600,000 shares of Towns, making the company an entity accounted for by the equity method. The acquisition price is 13,340 million yen, and Towns is expected to have 20.27% of voting rights after the acquisition. Concurrently, a capital and business alliance agreement will be concluded to pursue the creation of new products and services through joint research and development of life sciences-related products, sharing of technology and equipment, and cooperation in sales activities.\n\n### Future Impact and Disclosures\nThis matter is subject to completion of relevant regulatory merger reviews, and if approval is obtained early, the acquisition and alliance could be advanced. The impact on consolidated results for the fiscal year ending March 2027 is currently under examination; matters requiring disclosure will be announced promptly. The sales forecast is 16,000 million yen, operating income is 12,000 million yen, ordinary income is 13,300 million yen, and net income attributable to owners of parent is 22,500 million yen.","jir_financial_highlights":"Net Sales: 16,000 million yen (Specific year-over-year comparison unknown)\nOrdinary Income: 13,300 million yen (Year-over-year comparison unknown)\nNet Income Attributable to Owners of Parent: 22,500 million yen (Year-over-year comparison unknown)","jir_category":"","jir_hashtags":"#KuraboIndustries, #M&A_Alliance, #LifeSciencesAlliance","jir_key_figures":"Number of shares to be acquired: 21,600,000 shares\nAcquisition price: 13,340 million yen\nVoting rights ratio: 20.27%","jir_meta_title":"Kurabo Industries Ltd. Announces Acquisition of Towns Shares and Capital & Business Alliance\uff5cNovember 2026","jir_meta_description":"Kurabo Industries Ltd. to acquire 21,600,000 shares of Towns (20.27% voting rights) and enter a capital and business alliance. The partnership aims to accelerate growth in the life sciences field through joint R&D and sales cooperation. Consolidated outlook provided for fiscal year ending March 2027.","jir_og_title":"Kurabo Industries Ltd. Announces Acquisition of Towns Shares and Capital & Business Alliance\uff5cNovember 2026","jir_og_description":"Kurabo Industries Ltd. will acquire shares of Towns and account for the company by the equity method. The companies will pursue new service creation through joint R&D and sales cooperation. Forecasts for the fiscal year ending March 2027 are also disclosed.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9272,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-150209","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n