Hokuto Corporation has resolved to acquire 415 shares of Funagata Mushroom Co., Ltd. (100.0% voting rights) and make it a subsidiary. The transfer is scheduled to be executed on April 30, 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":"1379","jir_company_name":"Hokuto Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-08","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/1379-20260408-01.pdf","jir_short_summary":"Hokuto Corporation has resolved to acquire 415 shares of Funagata Mushroom Co., Ltd. (100.0% voting rights) and make it a subsidiary. The transfer is scheduled to be executed on April 30, 2026.","jir_summary":"### Overview of M&A\nHokuto Corporation has resolved to acquire shares of Funagata Mushroom Co., Ltd. and make it a subsidiary in order to expand its business as a comprehensive company for health food mushrooms. The target company engages in mushroom production and sales, processed product manufacturing and sales, and restaurant management. With 24 years of industry history, it ranks third in the sector. The number of shares to be acquired is 415, representing 100.0% voting rights ownership. The acquisition price is undisclosed due to confidentiality obligations but was determined based on objective valuation criteria.\n\n### Outlook and Impact\nThe impact on the Group\u2019s results for the fiscal year ending March 2027 is expected to be minimal. Going forward, Hokuto will leverage its sales and purchasing power to focus on improving the target company\u2019s performance and aim for overall group growth. The share transfer agreement is scheduled to be signed on April 20, 2026, and the transfer executed on April 30, 2026.","jir_financial_highlights":"Number of shares acquired: 415 shares (Voting rights ownership 0.0% \u2192 100.0%)\nFunagata Mushroom Co., Ltd. Net Sales (Fiscal Year Ending March 2025): 1,186 million yen (Year-over-Year decline (1,345 \u2192 1,186 million yen))\nFunagata Mushroom Co., Ltd. Operating Income (Fiscal Year Ending March 2025): \u25b239 million yen (Widening loss)","jir_category":"","jir_hashtags":"#HokutoCorporation, #M&A, #Subsidiarization, #JapaneseStocks","jir_key_figures":"Number of shares acquired: 415 shares (100.0% voting rights ownership)\nFunagata Mushroom Co., Ltd. Net Sales (Fiscal Year Ending March 2025): 1,186 million yen\nFunagata Mushroom Co., Ltd. Operating Income (Fiscal Year Ending March 2025): \u25b239 million yen","jir_meta_title":"Hokuto Corporation Resolves to Acquire 415 Shares and Make Funagata Mushroom Co., Ltd. a Subsidiary","jir_meta_description":"Hokuto Corporation has resolved to acquire 415 shares of Funagata Mushroom Co., Ltd. and make it a subsidiary. The transfer is scheduled for April 30, 2026, and the impact on earnings is expected to be minimal.","jir_og_title":"Hokuto Corporation Announces Subsidiarization of Funagata Mushroom Co., Ltd.","jir_og_description":"Hokuto Corporation acquires 415 shares of Funagata Mushroom Co., Ltd. and makes it a subsidiary. The transfer will be executed on April 30, 2026, with minimal impact on earnings.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17062,"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-39394","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n