DCM Holdings has announced the acquisition of Home Tech to enhance its position in the home renovation market in the Tokyo metropolitan area.
Target Company Overview
DCM Holdings Inc. (Ticker: 3050), a leading home improvement retailer in Japan, has announced its acquisition of Home Tech, a home renovation company based in Tama City, Tokyo. Home Tech specializes in providing renovation services primarily in the Tokyo, Kanagawa, and Saitama prefectures. This strategic move aims to enhance DCM's dominant market position in the Greater Tokyo Area and complement its existing construction sector.
For the financial year ending March 2025, Home Tech reported revenues of 7.6 billion yen, an operating profit of 274 million yen, and net assets amounting to 420 million yen. The purchase is expected to be finalized on December 1, 2025, although the acquisition price remains undisclosed.
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Industry Overview in Japan
The home improvement and renovation industry in Japan has been witnessing steady growth, driven by factors such as an aging population and increasing consumer interest in home en
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Disclosed details
Revenue: $1M
EBIT: $0M