Nikki acquires Oshima Kiko, expands industrial machine parts business

Nikki Corporation announced on September 17, 2025, its decision to acquire all shares of Oshima Kiko Co., Ltd., making it a wholly-owned subsidiary. This move aims to expand Nikki's business domain and scale within the industrial machinery parts processing sector, in response to global decarbonization and carbon neutrality trends.

Oshima Kiko, established on May 25, 1973, specializes in the cutting and machining of construction machinery parts and other industrial components. For the fiscal year ended April 2025, Oshima Kiko reported 531 million yen in net sales, 25 million yen in operating profit, and 40 million yen in net profit, with total assets of 684 million yen and net assets of 506 million yen.

Nikki will acquire 16,000 shares of Oshima Kiko, representing a 100% voting rights ownership. The acquisition decision was made on September 17, 2025, with the share transfer scheduled for September 29, 2025. The impact of this acquisition on Nikki's performance is expected to be minor.