Okura Industrial to acquire Fuji Koh, boosting material processing

Okura Industrial Co., Ltd. announced on December 12, 2025, its decision to acquire all shares of Fuji Koh Co., Ltd., making it a consolidated subsidiary. This acquisition aligns with Okura Industrial’s "Next10 (2030)" management vision to create new value through core technologies and become a solution partner in growing markets.

Fuji Koh, established on February 28, 1974, and headquartered in Marugame City, Kagawa Prefecture, specializes in packaging, release films, transfer printing films, and water/oil repellent paper. The company, led by president Kazutaka Funakoshi, has capital of JPY 30,000,000. For the fiscal year ended December 2024, Fuji Koh reported total assets of JPY 11,066 million, net assets of JPY 5,943 million, net sales of JPY 9,670 million, and net income of JPY 465 million.

The acquisition aims to integrate Okura Industrial's film manufacturing technology with Fuji Koh's processing technology and development capabilities, establishing a vertically integrated development and production system. The share transfer is scheduled for January 16, 2026, contingent on approval from the Fair Trade Commission. Okura Industrial anticipates no impact on its consolidated performance for the fiscal year ending December 2025, with Fuji Koh expected to become a consolidated subsidiary from Q1 FY2026.