BROAD ENTERPRISE CO.,LTD. [4415.T]
TOKYO, Mar 30 (Pulse News Wire) – Broad Enterprise CO.,LTD. (4415.T) announced today that its board of directors, held, approved the acquisition of all outstanding shares of Central Management Corporation (CMC).
This move will make CMC a wholly-owned subsidiary of Broad Enterprise. Prior to the acquisition, CMC completed a spin-off on March 27, 2026, separating its dining business into a new entity. Central Management Corporation specializes in real estate transactions such as buying and reselling used condominiums, property management, and brokerage services. It also handles complex legal issues related to inherited properties and boundary disputes. With a capital of ¥100 million, CMC reported total assets of ¥786 million, operating profit of ¥193 million, and net profit of ¥144 million for the fiscal year ended October 2025.
Through this acquisition, Broad Enterprise aims to enhance its revenue base and long-term corporate value. Key synergies include integrating CMC's vacant properties with Broad Enterprise’s BRO-ROOM renovation service, improving profitability in buy-and-resell operations, and providing comprehensive solutions for challenging real estate cases. The transaction involves acquiring 1,000 shares of CMC, which will increase Broad Enterprise's shareholding to 1,000. Details of the purchase price remain confidential due to confidentiality agreements but were determined based on CMC's profitability, future cash flow projections, and comparable transaction valuations, with input from third-party due diligence. Financial close is scheduled for mid-April 2026, pending regulatory approvals.
The company expects the acquisition to contribute positively to its consolidated earnings in the medium to long term.
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