Announced details
On 24 September 2026, 綿半ホールディングス acquired all shares of 東陽興業 and made it part of the 綿半 Group. Nohara Isamu (野原勇), Representative Director and President of 綿半ホールディングス, became Chairman of the Board.
Located at 25 Tokiwa-cho, Iida, Nagano Prefecture. Established in 1950, with capital of ¥50 million. Engages in electrical construction, telecommunications construction, plumbing and piping construction, fire protection facilities construction, control systems for factories and plants, and instrumentation systems for large buildings. Website: https://toyoiida.com/
25 Tokiwa-cho, Iida, Nagano Prefecture. Operations cover Nagano Prefecture, including Iida.
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Electrical construction, Telecommunications construction, Plumbing and piping construction, Fire protection facilities construction, Control systems for factories and plants, Instrumentation systems for large buildings |
| Counterparty | 東陽興業株式会社 |
| Counterparty overview | Located at 25 Tokiwa-cho, Iida, Nagano Prefecture. Established in 1950, with capital of ¥50 million. Engages in electrical construction, telecommunications construction, plumbing and piping construction, fire protection facilities construction, control systems for factories and plants, and instrumentation systems for large buildings. Website: https://toyoiida.com/ |
| Relationship with the Company | On 24 September 2026, 綿半ホールディングス acquired all shares of 東陽興業 and made it part of the 綿半 Group. Nohara Isamu (野原勇), Representative Director and President of 綿半ホールディングス, became Chairman of the Board. |
| Launch date | 24 September 2026 (completed; date all shares were acquired) |
| Applicable area | Construction work, Electrical installation work, Infrastructure development, Urban Development, Public facilities, Construction projects for private-sector companies |
| Location | 25 Tokiwa-cho, Iida, Nagano Prefecture. Operations cover Nagano Prefecture, including Iida. |
Items this document does not state (11)
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 incorporate expertise and know-how in electrical equipment construction and related businesses, thereby improving the efficiency and quality of construction operations, expanding the range of projects the group can undertake, strengthening its overall proposal capabilities, and creating new order opportunities. The group also aims to contribute to infrastructure development and regional revitalization in the southern Nagano area and across Nagano Prefecture.