Japan Asia Investment Company,Limited [8518.T]
TOKYO, Apr 02 (Pulse News Wire) – Japan Asia Investment Company,limited (8518.T) announced today that its board of directors resolved to fully acquire KIC Holdings (KIC HD). The move follows the initial acquisition of a portion of KIC HD's shares on January 14, 2026, which made KIC HD a subsidiary.
The additional share purchase aims to enhance the company’s involvement in KIC HD’s growth strategy. As of January 14, 2026, Japan Asia Investment Company,limited held approximately 40.5% of KIC HD's outstanding shares. With the latest acquisition, the firm will own 100% of KIC HD's equity. KIC HD, headquartered in Chiyoda Ward, Tokyo, operates in real estate development and asset management. Its capital was ¥18 billion as of December 31, 2025.
Financial highlights for KIC HD show a total assets value of ¥1,594.4 billion, ¥1,685 billion, and -¥1.772 billion for fiscal years ending December 2023, 2024, and 2025, respectively. Net profit for the same periods stood at ¥12.3 billion, ¥13.4 billion, and ¥14.5 billion. The transaction is expected to close on June 20, 2026. The company anticipates minimal impact on its near-term performance due to this acquisition. Further updates will be disclosed promptly if significant developments arise.
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