Ichinen Holdings discloses Nippon Oil Glass acquisition price

Ichinen Holdings announced the acquisition price for Nippon Oil Glass Co., Ltd. shares, a transaction completed on March 31, 2025. The disclosure follows the removal of confidentiality obligations related to the deal. The total acquisition cost amounted to JPY 196 million, comprising JPY 185 million for Nippon Oil Glass ordinary shares and JPY 10 million in advisory fees. With the acquisition of 500 shares, Ichinen Holdings now holds 100% ownership of Nippon Oil Glass, with equivalent voting rights. Ichinen Holdings states that this acquisition's impact is already incorporated into the 2025 fiscal year's consolidated financial results, with no expected impact on the 2026 fiscal year's performance.