Strengthening the Core Business in the Chubu Region through the Acquisition of マナック株式会社 as a Subsidiary
First written in FY2026. 1 of 2 entries say "Advanced", first in FY2027-H1. Latest entry: FY2027-H1.
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- FY2027-H1AdvancedAnnual report
「On 3 August 2026, we completed the acquisition of the shares of Chubu Kiso Co., Ltd. and made it a wholly owned subsidiary. Together with Manac Co., Ltd., which joined the Group in February this year and manufactures and sells concrete piles, this established an integrated structure in the Chubu region covering everything from manufacturing through construction.」
Following Manac, the Company completed the acquisition of 100% of Chubu Kiso and established an integrated structure in the Chubu region covering manufacturing through construction. The Company has entered the stage of strengthening its ability to propose and handle orders for large-scale projects and expanding into pile removal and ground improvement works. - FY2026First statedAnnual report
「This share acquisition is a strategic investment intended to establish a competitive advantage in the Group’s core business in the Chubu region, namely the precast concrete pile business, and remove constraints on future growth.」
On 27 February 2026, the company acquired 99.7% of the voting rights in マナック株式会社 and recorded an acquisition cost of ¥3,191.513 million and goodwill of ¥688.863 million. It aims to establish an integrated structure covering manufacturing through construction in the Chubu region and strengthen its ability to handle large projects and projects involving piles with a diameter of φ1000mm, as well as improve transport efficiency and order-winning capability.