Furukawa Co., Ltd. will acquire shares of Earth Technica Co., Ltd. from Kawasaki Heavy Industries in two stages, acquiring 60% on April 1, 2026, and the remaining 40% on April 1, 2027.<\/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":"5715","jir_company_name":"Furukawa Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-09","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/5715-20260209-01.pdf","jir_short_summary":"Furukawa Co., Ltd. will acquire shares of Earth Technica Co., Ltd. from Kawasaki Heavy Industries in two stages, acquiring 60% on April 1, 2026, and the remaining 40% on April 1, 2027.","jir_summary":"### Overview of the M&A\nFurukawa Co., Ltd. signed a contract on February 9, 2026, to acquire shares of Earth Technica Co., Ltd., which is 100% owned by Kawasaki Heavy Industries, in two stages. In the first stage, 60% of the shares will be acquired on April 1, 2026, and in the second stage, the remaining 40% will be acquired on April 1, 2027, aiming for full subsidiary status. Earth Technica possesses advanced technology mainly in the crushing machinery business, with strengths in the environmental recycling sector and the mining and quarrying markets, expected to create synergy effects with Furukawa\u2019s machinery business.\n\n### Future Outlook and Impact\nThrough this share transfer, Furukawa Co., Ltd. aims to leverage Earth Technica\u2019s technological capabilities and customer base to enhance technology in the crushing machinery business, as well as strengthen productivity and cost competitiveness. Investment of management resources into the environmental recycling sector will also progress, targeting market expansion both domestically and internationally. The execution of the transfer is conditional upon completion of required procedures such as antitrust law approvals, and the impact on business performance will be disclosed going forward.","jir_financial_highlights":"Number of Shares Acquired: 25,800 shares (Planned 100% acquisition from 0 shares before acquisition)\nEarth Technica Net Sales (Fiscal Year Ending March 2025): 17,020 million yen (Year-over-Year +6.1% (16,026 million yen \u2192 17,020 million yen))\nEarth Technica Net Income Attributable to Owners of Parent (Fiscal Year Ending March 2025): 775 million yen (Year-over-Year +12.1% (691 million yen \u2192 775 million yen))","jir_category":"","jir_hashtags":"#Furukawa, #M&A, #EarthTechnica, #JapaneseStocks","jir_key_figures":"Total Number of Shares Acquired: 25,800 shares (planned 100% acquisition)\nEarth Technica Net Sales (Fiscal Year Ending March 2025): 17,020 million yen\nEarth Technica Net Income Attributable to Owners of Parent (Fiscal Year Ending March 2025): 775 million yen","jir_meta_title":"Furukawa to Acquire 100% of Earth Technica Shares - Start Acquiring 60% in April 2026","jir_meta_description":"Furukawa will acquire shares of Earth Technica Co., Ltd. from Kawasaki Heavy Industries in two stages, aiming to strengthen its crushing machinery business and expand the environmental recycling sector. Acquisition begins with 60% in April 2026 and the remaining 40% in April 2027.","jir_og_title":"Furukawa Announces Execution of Share Transfer Agreement for Earth Technica","jir_og_description":"Furukawa will sequentially acquire shares of Earth Technica from Kawasaki Heavy Industries to expand business and achieve synergy effects.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9356,"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-26059","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n