TOKYO, Jun 15 (Pulse News Wire) – Silver Life CO.,LTD. (9262.T) announced today that its board of directors held , resolved to acquire all shares of Nitta Cold Storage Co., Ltd., thereby integrating it as a subsidiary.
This move aims to strengthen the group's cold storage and logistics capabilities, particularly in the eastern and western regions of Japan. Nitta Cold Storage, established on March 25, 1960, operates in ice manufacturing, refrigerated warehouse services, frozen food sales, general food distribution, and real estate leasing. With capital of ¥36 million, the acquisition will enhance Silver Life’s supply chain efficiency and stability, leveraging Nitta’s proximity to the Nagoya Port and its customs-compliant warehouses. The transaction, valued at ¥150 million (estimated), will be funded through internal resources.
It marks Silver Life’s first M&A deal, expected to contribute to long-term corporate value enhancement. The share transfer is scheduled to take place on June 23, 2026, subject to final contract execution. In the fiscal year ending February 2026, Nitta Cold Storage reported total assets of ¥98.3 million and net income of ¥11.3 million. Post-acquisition, Silver Life plans a six-month transition period led by Nitta’s existing management team, followed by integration into Silver Life’s operational framework.
The impact on the consolidated performance for the July 2026 quarter is anticipated to be minor but significant for long-term strategic benefits.
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