TOKYO, Apr 13 (Pulse News Wire) – O'will Corporation (3143.T) announced today that its board of directors held, resolved to acquire additional shares of NIITAKAYA U.S.A. Inc., making it a wholly-owned subsidiary.
This move aims to deepen synergies within the group and strengthen revenue foundations. O’Will Group, primarily engaged in food trading domestically and internationally, sees overseas expansion as a key growth strategy. By acquiring NIITAKAYA, which holds a significant share in the American pickled ginger market, the company seeks to create new sales opportunities in the US market, enhance customer value, and expand transactions. NIITAKAYA U.S.A. Inc., based at 4750 Aeros Way, Montebello, CA 90640, was established on May 11, 1983. It specializes in the manufacturing and distribution of pickled ginger products and tenant sales.
Prior to the acquisition, O’Will owned 90.01% of NIITAKAYA’s shares, increasing its stake to 100%. The transaction involved purchasing 4,750 additional shares, bringing the total number of shares owned by O’Will to 47,500. The exact purchase price remains undisclosed due to confidentiality agreements but was determined through external expert valuation and negotiation. The acquisition is set to take place on April 16, 2026. O’Will expects the impact on future consolidated performance to be minor. The company will promptly disclose any further developments related to this acquisition.
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