NFK Holdings Acquires Kobayashi Electric to Expand Portfolio

TOKYO, Jul 31 (Pulse News Wire) – NFK Holdings Co.,ltd (6494.T) resolved at today’s board meeting to acquire all outstanding shares of Kobayashi Electric Industrial Co., Ltd., making it a subsidiary. The acquisition aims to diversify the group's portfolio and strengthen revenue bases in the Group Zentai region.

Kobayashi Electric, based in Shizuoka, Numazu Shi Miyukichou, has been operating in electrical construction work design, implementation, and maintenance in eastern Shizuoka Prefecture for decades. It boasts a stable revenue base backed by strong customer relationships and a robust track record of continuous orders due to its rich experience and technical capabilities. Under the agreement, NFK Holdings will take over 100% of Kobayashi Electric’s shares, which was established on March 17, 1952.

As of the latest fiscal year ending June 2025, Kobayashi Electric reported total assets of ¥1.080 billion, operating profit of ¥51 million, ordinary profit of ¥14 million, and net income of ¥12 million. The capital stock stands at ¥40 million. The acquisition is expected to integrate Kobayashi Electric into NFK Holdings’ consolidated financial statements starting from the second quarter of the fiscal year ending March 2027.

The impact on NFK Holdings' consolidated performance for the fiscal year ending March 2027 is currently being assessed, and any necessary adjustments to earnings forecasts will be communicated promptly.