On April 3, 2026, Midac Holdings Co., Ltd. acquired all 60 shares of Enoken Kogyo Co., Ltd., making it a subsidiary. 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The acquisition price is undisclosed, and the impact on earnings is expected to be minimal.","jir_summary":"### Overview of M&A\nMidac Holdings Co., Ltd. resolved to acquire all shares of Enoken Kogyo Co., Ltd. on April 3, 2026, thereby making it a subsidiary. Enoken Kogyo is located in Makinohara City, Shizuoka Prefecture, primarily engaged in operating stable-type final disposal sites as a waste disposal company. This share acquisition aims to support Enoken Kogyo with its succession issues through a supportive M&A, enhance the market share of stable-type landfill sites within Shizuoka Prefecture, and extend the lifespan of final disposal sites. The acquisition price is not disclosed as it does not meet disclosure criteria but was agreed upon based on a reasonable evaluation by a third-party institution.\n\n### Outlook and Impact\nThe impact on the Company's consolidated earnings from this transaction is expected to be minimal. As part of its growth strategy, the Company is also considering expanding processing capacity to accept waste from the Kanto region and establishing new stable-type final disposal sites. In line with the Midac Group's 10-year vision 'Challenge 80th,' the Company intends to accelerate proactive M&A promotion and growth investments. The Company will promptly make public any matters that require disclosure in the future.","jir_financial_highlights":"Number of Shares Acquired: 60 shares (Acquired 100% from 0 shares)\nAcquisition Price: Undisclosed (Undisclosed)\nShare Transfer Agreement Signing Date: 2026-04-03 (New)","jir_category":"","jir_hashtags":"#MidacHoldings, #M&A, #Subsidiarization, #WasteDisposal, #JapaneseStocks","jir_key_figures":"Number of Shares Acquired: 60 shares (100.0% voting rights ownership)\nShare Transfer Agreement Signing Date: 2026-04-03\nCapital: 3,000 thousand yen (Enoken Kogyo Co., Ltd.)","jir_meta_title":"Midac Holdings Subsidiarizes Enoken Kogyo Co., Ltd. to Strengthen Waste Disposal Business","jir_meta_description":"On April 3, 2026, Midac Holdings Co., Ltd. acquired all shares of Enoken Kogyo Co., Ltd., making it a subsidiary. This move strengthens the final disposal site operations in Shizuoka Prefecture and promotes M&A aligned with future growth strategies.","jir_og_title":"Midac Holdings Subsidiarizes Enoken Kogyo Co., Ltd.","jir_og_description":"On April 3, 2026, Midac Holdings made Enoken Kogyo Co., Ltd. a subsidiary, accelerating expansion of waste disposal operations and growth strategies.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17338,"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-39008","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n