Noritsu Koki acquires shares of Senkushia Co., Ltd., making it a subsidiary. The acquisition price is 69 billion yen; sales are 35.4 billion yen; adjusted EBITDA is 9.2 billion yen; enterprise value is estimated at approximately 80 billion yen.<\/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":"7744","jir_company_name":"Noritsu Koki Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-15","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/7744-20260115-02.pdf","jir_short_summary":"Noritsu Koki acquires shares of Senkushia Co., Ltd., making it a subsidiary. The acquisition price is 69 billion yen; sales are 35.4 billion yen; adjusted EBITDA is 9.2 billion yen; enterprise value is estimated at approximately 80 billion yen.","jir_summary":"### Overview of Senkushia Co., Ltd.\nSenkushia Co., Ltd. is a leading domestic building materials and equipment manufacturer supporting \u201cSafety, Security, and Comfort\u201d through proprietary technologies and product development in the architectural and information infrastructure fields. Established in February 2022, headquartered in Minato-ku, Tokyo, with capital of 500 million yen and 353 employees (as of end March 2025). Its main business includes manufacturing and sales of building materials and equipment as well as related construction work, with sales of 35,413 million yen (FY ending March 2025 consolidated). The company operates a business model providing an integrated offering from sales to installation leveraging its proprietary technologies.\n\n### Background of Share Acquisition and Financial Condition\nNoritsu Koki will acquire shares of Senkushia and make it a subsidiary. The acquisition price is planned at 69 billion yen, with enterprise value estimated at approximately 80 billion yen. Senkushia boasts high profitability with sales of 35.4 billion yen, adjusted EBITDA of 9.2 billion yen, and EBITDA margin of 26%. Post-acquisition, the Net Debt \/ Business EBITDA multiple is 0.1, indicating robust financial health well within the mid-term plan target of below 3.0. Funding for the acquisition is planned through new bank borrowing of 50 billion yen.","jir_financial_highlights":"Net Sales: 35,413 million yen (FY ending March 2025 Consolidated) (Unknown)\nAdjusted EBITDA: 9.2 billion yen (Unknown)\nEBITDA Margin: 26% (Unknown)\nEnterprise Value: Approx. 80 billion yen (Unknown)\nShare Acquisition Price: 69 billion yen (planned) (Unknown)\nNet Debt \/ Business EBITDA Multiple: 0.1 (post-acquisition) (Maintains below 3.0 level per Mid-term Plan FY30 policy)","jir_category":"","jir_hashtags":"#NoritsuKoki, #M&A, #Senkushia, #Subsidiarization","jir_key_figures":"Net Sales: 35,413 million yen (FY ending March 2025 Consolidated)\nAdjusted EBITDA: 9.2 billion yen\nEnterprise Value: Approx. 80 billion yen\nShare Acquisition Price: 69 billion yen (planned)\nNet Debt \/ Business EBITDA Multiple: 0.1 (post-acquisition)","jir_meta_title":"Noritsu Koki Subsidiarizes Senkushia through Share Acquisition Sales of 35.4 Billion Yen, Enterprise Value Approx. 80 Billion Yen","jir_meta_description":"Noritsu Koki Co., Ltd. announces acquisition of shares in Senkushia Co., Ltd. The acquisition price is 69 billion yen. Senkushia is a highly profitable building materials and equipment manufacturer with sales of 35.4 billion yen, adjusted EBITDA of 9.2 billion yen, and an estimated enterprise value of approximately 80 billion yen, now becoming a subsidiary.","jir_og_title":"Noritsu Koki Subsidiarizes Senkushia with Share Acquisition of 69 Billion Yen","jir_og_description":"Noritsu Koki acquires shares of Senkushia, making it a subsidiary. The highly profitable building materials and equipment manufacturer joins the group, with an enterprise value estimated at approximately 80 billion yen.","jir_og_image_url":"\/assets\/og\/company-m_and_a_alliance.jpg","jir_chart_data_collection":"[]","ir_related_company":8960,"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-19276","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n