NISSHA Co., Ltd. decided on January 23, 2026, to acquire 60% of the shares of Vietnamese medical device manufacturer USM Healthcare and make it a subsidiary. The acquisition price is undisclosed, with the transfer scheduled for March 2026.<\/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":"7915","jir_company_name":"NISSHA Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-23","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/7915-20260123-01.pdf","jir_short_summary":"NISSHA Co., Ltd. decided on January 23, 2026, to acquire 60% of the shares of Vietnamese medical device manufacturer USM Healthcare and make it a subsidiary. The acquisition price is undisclosed, with the transfer scheduled for March 2026.","jir_summary":"### Overview of the M&A\nAt the board meeting held on January 23, 2026, NISSHA Co., Ltd. decided to acquire 60% of the shares of USM HEALTHCARE MEDICAL DEVICES FACTORY JOINT STOCK COMPANY, a medical device manufacturer based in Ho Chi Minh City, Vietnam, making it a subsidiary. USM Healthcare manufactures and sells stents for cardiology and orthopedic devices, achieving vertical integration from product design to manufacturing and sales. It is growing as the only domestic stent manufacturer in Vietnam and also operates a medical device CDMO business. The acquisition price is undisclosed but has been reasonably calculated using the DCF method by a third-party organization.\n\n### Future Outlook and Impact\nThrough this acquisition, NISSHA will establish a business foundation for medical device manufacturing in the Asian region and aims to expand its business by linking with its existing customer bases in the United States and Japan. Against the backdrop of the rapidly expanding medical device market in Southeast Asia, the company plans to promote geographic expansion of its medical device CDMO business. The impact on consolidated financial results is expected to be minimal. The share transfer is scheduled to be executed in March 2026.","jir_financial_highlights":"Number of Shares Acquired: 16,960,877 (New Acquisition)\nAcquisition Price: Unknown (Undisclosed)\nUSM Healthcare Consolidated Net Sales (Fiscal Year Ending December 2024): 321,909 million Vietnamese Dong (Year-over-Year Increase)\nUSM Healthcare Net Income (Fiscal Year Ending December 2024): 1,480 million Vietnamese Dong (Year-over-Year Decrease)","jir_category":"","jir_hashtags":"#NISSHA, #M&A, #MedicalDevices, #Vietnam, #JapaneseStocks","jir_key_figures":"Number of Shares Acquired: 16,960,877 shares (equivalent number of voting rights)\nUSM Healthcare Consolidated Net Sales (Fiscal Year Ending December 2024): 321,909 million Vietnamese Dong\nUSM Healthcare Net Income (Fiscal Year Ending December 2024): 1,480 million Vietnamese Dong","jir_meta_title":"NISSHA Subsidiarizes Vietnamese Medical Device Manufacturer USM Healthcare with 60% Share Acquisition","jir_meta_description":"On January 23, 2026, NISSHA Co., Ltd. decided to acquire 60% of the shares of Vietnamese medical device manufacturer USM Healthcare and make it a subsidiary, strengthening the Asian expansion of its medical device CDMO business.","jir_og_title":"NISSHA Subsidiarizes Vietnamese Medical Device Manufacturer","jir_og_description":"NISSHA Co., Ltd. acquires 60% of USM Healthcare\u2019s shares to make it a subsidiary, aiming to expand its medical device business in Southeast Asia.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17150,"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-20718","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n