TOKYO, Mar 27 (Pulse News Wire) – Heiwa Corporation (6412.T) announced its subsidiary, Pacific Golf Management Co., Ltd. (PGM), resolved today to acquire all shares of North Kyushu Golf Co., Ltd.
Through a spin-off acquisition from Dialexis Co., Ltd. The move aims to expand golf course holdings and improve profitability within the group's long-term stable revenue base. North Kyushu Golf operates the Seibanomori North Kyushu Golf Course, a 18-hole facility located in Fukuoka, Kitakyuushuu Shi Yahatanishi Ku Higuchi Machi. The acquisition is scheduled to take place on June 1, 2026.
PGM’s capital is [NUM_0], established on October 1, 1986. Dialexis, founded in December 1, 1972, holds a capital of [NUM_5] and had net assets of [NUM_6] as of March 2025. Details of the share transaction show that prior to the acquisition, PGM owned 0 shares (holding ratio [NUM_11]). Post-acquisition, PGM will own 200 shares (holding ratio [NUM_14]), with the purchase price remaining undisclosed due to confidentiality agreements but confirmed to be below [NUM_13]% of consolidated net assets.
The company expects the impact on consolidated performance to be minor.
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