Komori
M&A and Subsidiary Changes3166OCHI HOLDINGS CO.,LTD.Trading & Wholesale

Notice Regarding the Acquisition of Shares in Kyowa Co., Ltd. (Making It a Subsidiary)

OCHIホールディングス has decided to acquire all issued shares of 株式会社キョウワ, which sells timber, building materials and housing equipment, and make it a consolidated subsidiary. The total acquisition price, advisory fees and other costs is approximately ¥1,024 million, and the share transfer is scheduled to close on 24 July 2026.

Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
1024
¥ million (approximate total amount)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares (making the company a subsidiary)
Counterparty株式会社K・wood GAホールディングス
Disclosing companyOCHI HOLDINGS CO.,LTD.
株式会社キョウワVoting rights ownership percentageNumber of shares acquired 1,800,000 shares (number of voting rights: 1,800,000)

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.

TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Lumber market sales, and the sale of building materials, housing equipment and other products

Location Toyooka, Hyogo PrefectureShare capital ¥90 millionDate of incorporation 22 December 1945
Net Sales¥3,071 million (fiscal year ended February 2026)
Operating profit¥87 million (fiscal year ended February 2026)
Net income for the current fiscal year¥61 million (fiscal year ended February 2026)
Net assets¥988 million (fiscal year ended February 2026)
Consideration and expenses
Acquisition price¥954 million for 株式会社キョウワ's common shares
Expenses other than the acquisition priceAdvisory fees and other costs (approximate amount): ¥70 million
Impact on Business Performance

The impact of this share acquisition on consolidated results for the fiscal year ending March 2027 is expected to be immaterial.

Procedures and assumptions
Conditions Precedent to ExecutionThe counterparty to the share acquisition has initiated procedures for a demand for the sale of shares and other interests held by the shareholder designated as “Other 1,” and the counterparty holds 100% of the shares in the target company as of the scheduled share transfer closing date.
Management structure after acquisitionThe company will be made a consolidated subsidiary. No information is provided regarding a change in the trade name, representative or treatment of employees.
This transaction
ItemDetails
Transaction nameAcquisition of shares (making the company a subsidiary)
Counterparty name株式会社K・wood GAホールディングス
Name of the Subject Company株式会社キョウワ
Business Description of the Subject CompanyLumber market sales, and the sale of building materials, housing equipment and other products
Location of the Subject CompanyToyooka, Hyogo Prefecture
Capital Stock of the Subject Company¥90 million
Date of Establishment of the Subject Company22 December 1945
Net Sales of the Subject Company¥3,071 million (fiscal year ended February 2026)
Operating Profit of the Subject Company¥87 million (fiscal year ended February 2026)
Net Income of the Subject Company¥61 million (fiscal year ended February 2026)
Net Assets of the Subject Company¥988 million (fiscal year ended February 2026)
Acquisition price¥954 million for 株式会社キョウワ's common shares
Expenses other than the acquisition priceAdvisory fees and other costs (approximate amount): ¥70 million
Number of shares acquired1,800,000 shares (number of voting rights: 1,800,000)
Voting rights ownership percentageBefore 0% → after 100.00%
Impact on Business PerformanceThe impact of this share acquisition on consolidated results for the fiscal year ending March 2027 is expected to be immaterial.
Date of board resolution24 June 2026
Contract Date24 June 2026
Execution Date / Effective Date24 July 2026 (scheduled)
Conditions Precedent to ExecutionThe counterparty to the share acquisition has initiated procedures for a demand for the sale of shares and other interests held by the shareholder designated as “Other 1,” and the counterparty holds 100% of the shares in the target company as of the scheduled share transfer closing date.
Management structure after acquisitionThe company will be made a consolidated subsidiary. No information is provided regarding a change in the trade name, representative or treatment of employees.
Items this document does not state (11)
Type of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial Committee

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To achieve business expansion and sustainable growth in the Kansai region by bringing 株式会社キョウワ and its subsidiaries into the Group.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Acquisition of Shares in Kyowa Co., Ltd. (Making It a Subsidiary) | OCHI HOLDINGS CO.,LTD. (3166) timely disclosure | Komori