Hibino Corporation [2469.T]

TOKYO, Apr 28 (Pulse News Wire) – Hibino Corporation (2469.T) announced today that its board of directors decided to acquire Sonora Technology Co., a manufacturer of acoustic measurement and evaluation rooms, effective April 28, 2026. The acquisition aims to enhance integrated proposals in R&D soundproofing solutions and expand noise control sales.

Sonora Technology's modular products offer flexibility in design and construction, aligning well with Hibino’s expertise in architectural acoustics. By integrating Sonora's offerings, Hibino expects to strengthen its position in the global market, particularly in overseas expansion. The acquired company had total assets of ¥1 billion, ¥1.2 billion, and ¥1.4 billion for fiscal years ending June 2023, 2024, and 2025, respectively.

The transaction involves acquiring 1,273,600 shares at an estimated cost of ¥260 million, increasing Hibino's stake to 70%. The deal is scheduled to close on May 29, 2026, making Sonora Technology a consolidated subsidiary from the first quarter of the fiscal year ending March 2027. Financial impacts will be reflected in the preliminary earnings forecast for the fiscal year ending March 2027, set to be released on May 14, 2026.

Original Disclosure (PDF)

🟢 Confidence: High AI-translated content.