The Company has completed the consolidation of Taiyo Fertilizer Co., Ltd. by acquiring additional shares. The number of shares acquired is 4,000,000, increasing the total shares owned to 6,000,000. Personnel changes were also implemented effective April 3, 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":"9619","jir_company_name":"Ichinen Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-03","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/9619-20260403-02.pdf","jir_short_summary":"The Company has completed the consolidation of Taiyo Fertilizer Co., Ltd. by acquiring additional shares. The number of shares acquired is 4,000,000, increasing the total shares owned to 6,000,000. Personnel changes were also implemented effective April 3, 2026.","jir_summary":"### Overview of Additional Share Acquisition\nIchinen Holdings Co., Ltd. has completed the acquisition of additional shares in Taiyo Fertilizer Co., Ltd., an equity-method affiliate, consolidating it as a subsidiary. The number of shares acquired is 4,000,000, which combined with the 2,000,000 shares previously owned totals 6,000,000 shares, resulting in a 100.0% voting rights ownership. Consequently, Taiyo Fertilizer has become a consolidated subsidiary of the Company, and its subsidiary, Nippon Daihosca Co., Ltd., has become a grandchild company within the Group.\n\n### Overview of Taiyo Fertilizer and Nippon Daihosca and Personnel Changes\nTaiyo Fertilizer Co., Ltd. mainly manufactures and sells chemical fertilizers and blended fertilizers, with projected net sales of approximately 3.5 billion yen and operating income of approximately 59 million yen for the fiscal year ending June 2025. Nippon Daihosca Co., Ltd. manufactures and sells fertilizers, with expected net sales of approximately 213 million yen and operating income of roughly 1.9 million yen for the same period. Effective April 3, 2026, Heihachi Kimura was appointed President and Representative Director of both companies, along with multiple other personnel changes including directors and auditors.\n\n### Future Outlook\nWith this share acquisition, Taiyo Fertilizer will become a consolidated subsidiary from the fiscal year ending March 2027, but the impact on earnings is expected to be minimal. By integrating fertilizer manufacturing expertise with the technological capabilities of the Ichinen Group, we aim to broaden product proposals, increase market share, and expand sales.","jir_financial_highlights":"Number of shares acquired: 4,000,000 shares (Unknown)\nNumber of shares owned after change: 6,000,000 shares (Unknown)\nTaiyo Fertilizer Net Sales (Forecast for FY ending June 2025): 3,511,630 thousand yen (Unknown)\nTaiyo Fertilizer Operating Income (Forecast for FY ending June 2025): 59,393 thousand yen (Unknown)\nTaiyo Fertilizer Net Income Attributable to Owners of Parent (Forecast for FY ending June 2025): 40,772 thousand yen (Unknown)","jir_category":"","jir_hashtags":"#IchinenHoldings, #M&A, #Subsidiarization, #ShareAcquisition, #JapaneseStocks","jir_key_figures":"Number of shares acquired: 4,000,000 shares\nNumber of shares owned after change: 6,000,000 shares (100.0% voting rights ownership)\nTaiyo Fertilizer Net Sales for FY ending June 2025: 3,511,630 thousand yen\nTaiyo Fertilizer Operating Income for FY ending June 2025: 59,393 thousand yen\nTaiyo Fertilizer Net Income Attributable to Owners of Parent for FY ending June 2025: 40,772 thousand yen","jir_meta_title":"Ichinen Holdings Completes Additional Share Acquisition to Consolidate Taiyo Fertilizer as Subsidiary","jir_meta_description":"Ichinen Holdings has completed the acquisition of 4,000,000 shares of Taiyo Fertilizer Co., Ltd., consolidating it as a subsidiary. Personnel changes were implemented effective April 3, 2026. The impact on earnings is expected to be minimal.","jir_og_title":"Ichinen Holdings Consolidates Taiyo Fertilizer as Subsidiary","jir_og_description":"Taiyo Fertilizer is consolidated as a subsidiary through additional share acquisition. Personnel changes announced, aiming for future business expansion.","jir_og_image_url":"\/assets\/og\/company-m_and_a_alliance.jpg","jir_chart_data_collection":"[]","ir_related_company":17398,"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-39020","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n