Ochi Holdings Co., Ltd. completed the acquisition of Hagaya Construction Co.,Ltd. from Akihiko Seki and other individual seller.
October 30, 2022
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Ochi Holdings Co., Ltd. (TSE:3166) executed a share transfer agreement to acquire Hagaya Construction Co.,Ltd. from Akihiko Seki and other individual seller on October 27, 2022. Ochi Holdings will acquire 98,600 shares, representing 100% voting rights. The transaction is resolved by the board of Ochi Holdings and planned to complete on October 28, 2022. Ochi Holdings expect that the impact of this share acquisition on the consolidated results for the fiscal year ending March 31, 2023 will be minor.
Ochi Holdings Co., Ltd. (TSE:3166) completed the acquisition of Hagaya Construction Co.,Ltd. from Akihiko Seki and other individual seller on October 31, 2022.
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.