Consolidated subsidiary Pacific Golf Management Co., Ltd. acquires all 200 shares of Kitakyushu Golf Co., Ltd., making it a grandchild company. Acquisition price is less than 2% of consolidated net assets. Scheduled acquisition date is 2026-06-01.<\/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":"6412","jir_company_name":"Heiwa Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/6412-20260327-01.pdf","jir_short_summary":"Consolidated subsidiary Pacific Golf Management Co., Ltd. acquires all 200 shares of Kitakyushu Golf Co., Ltd., making it a grandchild company. Acquisition price is less than 2% of consolidated net assets. Scheduled acquisition date is 2026-06-01.","jir_summary":"### Overview of M&A\nPacific Golf Management Co., Ltd. (PGM), a consolidated subsidiary of Heiwa Corporation, resolved to acquire all 200 shares of Kitakyushu Golf Co., Ltd., which succeeded the business of Setabanomori Kitakyushu Golf Course managed by Diatrix Co., Ltd., thereby making it a grandchild company. The acquisition price is not disclosed, but is less than 2% of consolidated net assets, with the acquisition scheduled for 2026-06-01. Through this, the Heiwa Group aims to expand the number of golf courses owned and strengthen its earnings base.\n\n### Outlook and Impact\nThe impact on consolidated earnings from this share acquisition is expected to be minimal. Kitakyushu Golf Co., Ltd., scheduled to be established in April 2026, has shown a declining trend in sales over the past three fiscal years but is anticipated to contribute to the overall expansion of the Group\u2019s golf business. After the acquisition, the Group will work towards building a stable earnings foundation.","jir_financial_highlights":"Number of Shares Acquired: 200 shares (100% Ownership)\nAcquisition Price: Not Disclosed (Less than 2% of Consolidated Net Assets)\nTarget Golf Course Sales (Fiscal Year Ending March 2025): 367 million yen (Year-over-Year Decrease)","jir_category":"","jir_hashtags":"#HeiwaCorporation, #M&A, #GolfBusinessExpansion, #JapaneseStocks","jir_key_figures":"Number of Shares Acquired: 200 shares (100% Ownership)\nAcquisition Price: Not Disclosed (Less than 2% of Consolidated Net Assets)\nTarget Golf Course Sales (Fiscal Year Ending March 2025): 367 million yen","jir_meta_title":"Heiwa Corporation to Expand Golf Business through Acquisition of All Shares of Kitakyushu Golf Co., Ltd.","jir_meta_description":"Heiwa Corporation\u2019s consolidated subsidiary acquires all 200 shares of Kitakyushu Golf Co., Ltd., making it a grandchild company. The acquisition price is less than 2% of consolidated net assets, with the acquisition scheduled for 2026-06-01. The Group aims to strengthen its earnings base.","jir_og_title":"Heiwa Corporation Makes Kitakyushu Golf Co., Ltd. a Grandchild Company","jir_og_description":"The consolidated subsidiary acquires all shares of Kitakyushu Golf Co., Ltd., aiming to expand the golf business and strengthen the earnings foundation.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8972,"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-37366","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n