Ochi Holdings Co., Ltd. completed the acquisition of Terada Co., Ltd. in October 2021.
October 30, 2021
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Ochi Holdings Co., Ltd. (TSE:3166) agreed to acquire Terada Co., Ltd. on September 22, 2021. For the year ended on February 28, 2021, Terada reported Net assets of ¥1.7 billion, total assets of ¥2.9 billion, sales of ¥3.8 billion, operating profit of ¥44 million and net profit of ¥30 million. The transaction is expected to close on October 8, 2021.
Ochi Holdings Co., Ltd. (TSE:3166) completed the acquisition of Terada Co., Ltd. in October 2021.
OCHI HOLDINGS CO., LTD. is primarily engaged in the building material business, life business and processing business. The Company has three business segments. The Building Material segment sells housing related materials purchased from domestic building materials manufacturers, agents and trading companies to domestic building materials and lumber dealers, house manufacturers, general contractors, construction companies and home centers. The Life segment is involved in the purchase and sale of household goods such as heating equipment and others to supermarkets, home centers and drug stores in Hokkaido, Tohoku and Kanto areas. The Processing segment is engaged in the purchase of building materials, as well as the processing, assembly and sale of precursor structures mainly for wooden houses.
OCHI HOLDINGS CO., LTD. 
