Ochi Holdings Co., Ltd. acquired Ai-Build Corporation. from Mutoh Corporation.
February 01, 2024
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Ochi Holdings Co., Ltd. (TSE:3166) acquired Ai-Build Corporation. from Mutoh Corporation on January 31, 2024. As part of acquisition, 200 shares were acquired. For period ended July 2023, Ai-Build Corporation. reported net assets of ¥754 million, total assets of ¥2 billion, sales of ¥5 billion, operating income of ¥33 million and net income of ¥50 million.
Ochi Holdings Co., Ltd. (TSE:3166) completed the acquisition of Ai-Build Corporation. from Mutoh Corporation on January 31, 2024.
OCHI HOLDINGS CO., LTD. is primarily engaged in the building material business, life business and processing business. The Company has three business segments. The Building Material segment sells housing related materials purchased from domestic building materials manufacturers, agents and trading companies to domestic building materials and lumber dealers, house manufacturers, general contractors, construction companies and home centers. The Life segment is involved in the purchase and sale of household goods such as heating equipment and others to supermarkets, home centers and drug stores in Hokkaido, Tohoku and Kanto areas. The Processing segment is engaged in the purchase of building materials, as well as the processing, assembly and sale of precursor structures mainly for wooden houses.