Iida Group Holdings resolved to acquire a 51% equity interest in the U.S. Wright Homes Group for approximately 56.4 million USD (approximately 5.64 billion JPY) and make it a subsidiary (March 10, 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 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/3291-20260310-01.pdf","jir_short_summary":"Iida Group Holdings resolved to acquire a 51% equity interest in the U.S. Wright Homes Group for approximately 56.4 million USD (approximately 5.64 billion JPY) and make it a subsidiary (March 10, 2026).","jir_summary":"### Overview of M&A\nIida Group Holdings Co., Ltd. resolved to acquire equity interests in three operating companies of the U.S.-based homebuilder Wright Homes Group in Utah through its consolidated subsidiary Hajime AMERICA Inc., established by Ikken Construction Co., Ltd. Wright & Associates, LLC, the acquisition target, reported net sales of 71 million USD and operating income of 18 million USD for the fiscal year ending December 2025. The group develops, constructs, and sells detached houses mainly in northern Utah, where the population is rapidly increasing. The acquisition price for a 51% equity interest is 36.44 million USD (approximately 5.64 billion JPY), and the total amount including advisory fees is approximately 38.21 million USD (approximately 5.92 billion JPY).\n\n### Future Outlook\nThrough this acquisition, Iida Group will establish a business base in northern Utah, strengthen its homebuilder business, and aim to expand into related businesses. The impact on consolidated results for the fiscal year ending March 2026 is expected to be minor, and the plan is to use this as a foothold for business expansion into other areas in the future. Hajime AMERICA Inc. plans to increase its capital, and after the acquisition, Wright & Associates, LLC and Hajime AMERICA Inc. will become consolidated subsidiaries.","jir_financial_highlights":"Acquisition Price of Equity Interest: 36.44 million USD (approx. 5.64 billion JPY) (Unknown)\nAcquired Equity Ratio: 51.0% (0% \u2192 51.0%)\nAdvisory Fees, etc. (Estimated Amount): 1.76 million USD (approx. 270 million JPY) (Unknown)","jir_category":"","jir_hashtags":"#IidaGroupHoldings, #M&A, #HomeBuilder, #USBusinessExpansion, #IR","jir_key_figures":"Acquired Equity Ratio: 51.0%\nAcquisition Price of Equity Interest: 36.44 million USD (approx. 5.64 billion JPY)\nAdvisory Fees, etc. (Estimated Amount): 1.76 million USD (approx. 270 million JPY)","jir_meta_title":"Iida Group Acquires 51% Equity in U.S. Wright Homes Group for Approx. 36.44 Million USD, Making It a Subsidiary","jir_meta_description":"Iida Group Holdings has acquired a 51% stake in the U.S.-based Utah homebuilder Wright Homes Group for 36.44 million USD and resolved to make it a subsidiary. The impact on fiscal 2026 consolidated results is expected to be minor.","jir_og_title":"Iida Group Announces Acquisition of Equity in U.S. Wright Homes Group","jir_og_description":"Acquired 51% equity interest in the U.S. Utah homebuilder Wright Homes Group for approximately 5.64 billion JPY and resolved to make it a subsidiary.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7720,"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-34122","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n