Source disclosure: January 16, 2026
HOTMAN Co., Ltd. [3190.T]
TOKYO, Jan 16 (Pulse News Wire) – Hotman CO.,LTD. (3190.T) announced today that its subsidiary NGTG17 acquired 100% of Horikoshi Seiki's outstanding shares, making it a wholly-owned subsidiary effective January 16, 2026.
Horikoshi Seiki specializes in cutting industrial machinery and equipment. The acquisition aims to preserve valuable manufacturing technologies and support the development of a robust corporate group. NGTG17 was established specifically for this purpose on September 12, 2025, with a capital of ¥5,000. Financial details show Horikoshi Seiki had total assets of ¥1.906 billion, ¥1.798 billion, and ¥1.702 billion for fiscal years ending March 2023, 2024, and 2025 respectively.
Revenue stood at ¥1.078 billion, ¥1.149 billion, and ¥1.183 billion during the same periods. Operating profit was ¥410 million, ¥513 million, and ¥431 million, while net income reached ¥320 million, ¥377 million, and ¥479 million for those respective years. The transaction price was determined through negotiations based on due diligence results, with part funded by internal resources and part via bank loans. The company expects minimal impact on consolidated performance but will disclose significant changes promptly.
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