Willplus Holdings Completes Acquisition of Volvo Dealerships on August 1

TOKYO, Aug 06 (Pulse News Wire) – WILLPLUS Holdings Corporation (3538.T) completed the acquisition of two Volvo dealership operations run by First Auto Co., Ltd. on August 1, 2026.

The acquired businesses, "Volvo Cars Urawa" and "Volvo Cars Omiya," strengthen WILLPLUS's presence in the Greater Tokyo area. This transaction marks WILLPLUS’s entry into the Volvo brand market in Saitama Ken. By integrating First Auto’s regional customer base and service network with WILLPLUS’s expertise in import car sales, the group aims to deliver higher quality and sustainable customer experiences. The deal includes the transfer of related assets, liabilities, and employees, with a total price of June 17, 2026.

First Auto Co., Ltd., established on April 14, 1995, operates in Saitama Prefecture with a capital of ¥50 million. As of May 30, 2026, its major shareholders hold 100% of the shares. The acquired business reported revenue of ¥2.740 billion for the fiscal year ending March 2026. Looking ahead, WILLPLUS expects the impact on the current fiscal year's performance to be minor but remains committed to strategic growth through mergers and acquisitions.

Any significant developments will be disclosed promptly.