Inabata & Co.,Ltd. will acquire ULVAC Technologies and make the equity-method affiliate a wholly owned subsidiary. The acquisition price is ¥4.9 billion, and the scheduled acquisition date is 18 December 2026.
Inabata & Co.,Ltd., a specialized chemical trading company, will make ULVAC Technologies, an equity-method affiliate under ULVAC, a subsidiary. The target is a semiconductor materials manufacturer located in Chichibu, Saitama Prefecture, and the transaction will strengthen its integrated production capabilities through to finished products.
ULVAC Technologies handles mask blanks and other products for semiconductors and FPDs. The simple combined revenue of the 3 companies was ¥15.4 billion, operating profit was ¥2.23 billion and net assets were ¥18.8 billion, all for the fiscal year ending June 2026.
The acquisition price is ¥4.9 billion, and the scheduled acquisition date is 18 December 2026. Inabata & Co.,Ltd. will acquire an additional 65% of ULVAC Technologies' shares, raising its ownership ratio from 35% to 100%.
In addition to expanding sales in Japan, Inabata & Co.,Ltd. plans to use production bases in China and Taiwan to increase earnings from its semiconductor- and electronic-component-related businesses.