TOKYO, May 11 (Pulse News Wire) – Natoco CO.,LTD. (4627.T) resolved today to acquire all shares of Toupe Co., Ltd., making it a wholly-owned subsidiary.
The acquisition aims to expand its paint manufacturing operations and improve production efficiency. Toupe's extensive facilities and diverse product range complement Natoco’s existing offerings, creating potential synergies. Under the agreement, Natoco will purchase 30,801,738 shares of Toupe for approximately ¥21 billion. The transaction is scheduled to close on November 2, 2026.
Toupe’s key assets include three major factories covering around 100,000 square meters, along with warehouses and color mixing plants across multiple locations. For the fiscal year ending March 2025, Toupe reported revenue of ¥10.00 billion and net income of ¥1 billion. The acquisition is expected to enhance Natoco’s operational capabilities and streamline logistics and coloring processes. However, the integration may temporarily affect profitability due to initial costs and adjustments.
🔴 Confidence: Review recommended AI-translated content.