{"id":74068,"date":"2026-07-01T15:09:37","date_gmt":"2026-07-01T06:09:37","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/1827-20260701-01_wp_corporate_restructuring\/"},"modified":"2026-07-01T15:09:37","modified_gmt":"2026-07-01T06:09:37","slug":"1827-20260701-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-1827\/ir\/1827-20260701-01_wp_corporate_restructuring\/","title":{"rendered":"Notice from Nakanofudo Construction Co., Ltd.: Share Acquisition (Subsidiarization) of Shinko Construction by the Consolidated Subsidiary"},"content":{"rendered":"<p>In line with Medium-Term Management Plan 86, the TryNet Group acquires Shinko Construction&#8217;s shares to make it a subsidiary. Aims to create synergies through in-house development of civil engineering and expansion of service area. Number of shares acquired: 40,000; ownership: 100%; acquisition source not disclosed. No disclosed impact on consolidated earnings at this time.<\/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":"1827","jir_company_name":"Nakanofudo Construction Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-01","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/1827-20260701-01.pdf","jir_short_summary":"In line with Medium-Term Management Plan 86, the TryNet Group acquires Shinko Construction's shares to make it a subsidiary. Aims to create synergies through in-house development of civil engineering and expansion of service area. Number of shares acquired: 40,000; ownership: 100%; acquisition source not disclosed. No disclosed impact on consolidated earnings at this time.","jir_summary":"### Purpose and background of acquisition\nIn line with the Medium-Term Management Plan 'MTP 86', the company is exploring M&A to expand civil engineering operations. By acquiring and making Shinko Construction a subsidiary of the TryNet Group, it is expected to address labor shortages, reduce costs by internalizing asphalt pavement construction, and expand the service area. This will enable sharing of technologies and know-how within the group and aim for nationwide expansion.\n\n### Outlook and disclosure\nIf there are matters requiring disclosure regarding the impact on consolidated earnings after acquisition, they will be disclosed promptly; as of now, specific numerical impacts are unknown. The acquisition price will be withheld pending negotiations with the acquisition target. Shinko Construction is located in Azumino City, Nagano Prefecture, and its business is civil engineering and construction.","jir_financial_highlights":"Number of shares acquired: 40,000 shares (0 shares before acquisition \u2192 100% after acquisition)\nVoting rights ownership ratio: 100% (0% \u2192 100%)\nShinko Construction's capital: 40 million yen (unknown)\nTryNet Holdings' capital: 81 million yen (unknown)","jir_category":"","jir_hashtags":"#NakanofudoConstruction, #CorporateAcquisition, #JapanStocks","jir_key_figures":"Number of shares acquired: 40,000 shares\nVoting rights ownership ratio: 100%\nShinko Construction's capital: 40 million yen","jir_meta_title":"Nakanofudo Construction: Notice of Consolidated Subsidiary\uff5cJuly 2026","jir_meta_description":"Nakanofudo Construction announces consolidation under a subsidiary. TryNet Group acquires Shinko Construction's shares to expand civil engineering operations and control costs. Future earnings impact not disclosed.","jir_og_title":"Nakanofudo Construction: Notice of Consolidated Subsidiary\uff5cJuly 2026","jir_og_description":"Nakanofudo Construction acquires Shinko Construction's shares to become a subsidiary, aiming to expand civil engineering operations and broaden geographic coverage.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":56935,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-74068","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice from Nakanofudo Construction Co., Ltd.: Share Acquisition (Subsidiarization) of Shinko Construction by the Consolidated Subsidiary - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-1827\/ir\/1827-20260701-01_wp_corporate_restructuring\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-1827\/ir\/1827-20260701-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-1827\/ir\/1827-20260701-01_wp_corporate_restructuring\/\",\"name\":\"Notice from Nakanofudo Construction Co., Ltd.: Share Acquisition (Subsidiarization) of Shinko Construction by the Consolidated Subsidiary - 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