Okamoto will make OKEHO SAS, which handles the distribution and brokerage of its products, a subsidiary to strengthen its sales structure in the European market. The purchase price is ¥57 million, and all shares are scheduled to be acquired on 15 December 2026.
Okamoto, a manufacturer of plastic films, will acquire OKEHO SAS, which handles distribution and brokerage, to strengthen its sales structure in the European market. OKEHO generated ¥41 million in revenue, ¥3 million in operating profit and ¥36 million in net assets through its existing business, and Okamoto aims to expand the business through the acquisition.
The purchase price is ¥57 million, and Okamoto will acquire all shares in OKEHO. The scheduled acquisition date is 15 December 2026, after which OKEHO is expected to become a subsidiary of Okamoto once the procedures are completed.
The company has indicated a policy of further strengthening its sales structure in the European market by expanding sales of existing products and introducing new products. The article does not give details of any specific additional plans, but reports that the aim is to expand the business.