On January 5, 2026, Ando Corporation acquired all 6,500,000 shares of Singapore construction company QXY Resources Pte. Ltd., aiming to strengthen its business foundation in Southeast Asia.<\/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,"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":"1719","jir_company_name":"Ando Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-07","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/1719-20260107-01.pdf","jir_short_summary":"On January 5, 2026, Ando Corporation acquired all 6,500,000 shares of Singapore construction company QXY Resources Pte. Ltd., aiming to strengthen its business foundation in Southeast Asia.","jir_summary":"### Overview of the M&A\nAndo Corporation acquired all 6,500,000 shares of Singapore construction company QXY Resources Pte. Ltd. on January 5, 2026, making it a wholly-owned subsidiary with 100% voting rights ownership. QXY Resources holds a strong competitive advantage in the renovation construction sector and is a trusted company engaged in various renovation projects including offices, commercial facilities, and educational institutions. This acquisition aligns with the \"Medium-term Management Plan 2025\" formulated in May 2023, aiming for long-term growth of overseas operations and strengthening the business foundation in Southeast Asia.\n\n### Future Outlook and Impact\nThe impact of this share acquisition on consolidated financial results for the fiscal year ending March 2026 is expected to be minor; however, any significant impact identified in the future will be promptly disclosed. Although the acquisition price is undisclosed per the counterparty\u2019s request, it was calculated by a fair method. Ando Corporation will continue to strive to enhance the overall group\u2019s revenue base and improve sustainable corporate value.","jir_financial_highlights":"Number of Shares Acquired: 6,500,000 shares (Before acquisition: 0 shares \u2192 After acquisition: 6,500,000 shares (100% voting rights ownership))\nNet Sales (QXY Resources Pte. Ltd.): 54,125,270 SGD (Fiscal Year ending June 2024) (Increased Year-over-Year)\nNet Income (QXY Resources Pte. Ltd.): 6,480,884 SGD (Fiscal Year ending June 2024) (Increased Year-over-Year)","jir_category":"","jir_hashtags":"#AndoCorporation, #M&A, #OverseasBusinessExpansion, #ConstructionIndustry, #JapaneseStocks","jir_key_figures":"Number of Shares Acquired: 6,500,000 shares (100% voting rights ownership)\nQXY Resources Net Sales: 54,125,270 SGD (Fiscal Year ending June 2024)\nQXY Resources Net Income: 6,480,884 SGD (Fiscal Year ending June 2024)","jir_meta_title":"Ando Corporation Strengthens Overseas Business with Full Share Acquisition of Singapore Construction Company QXY Resources","jir_meta_description":"Ando Corporation acquired all 6,500,000 shares of Singapore construction company QXY Resources Pte. Ltd. on January 5, 2026, aiming to strengthen its business foundation in Southeast Asia.","jir_og_title":"Ando Corporation Announces Acquisition of Shares in Singapore Construction Company","jir_og_description":"Ando Corporation has acquired all shares of Singapore construction company QXY Resources, accelerating the growth of its overseas business.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8086,"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-15219","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n