Noritz Corporation has acquired Ogihara Seisakusho to strengthen its supply chain and enhance product offerings in the residential equipment sector.

Target Company Information

Noritz Corporation, a leading manufacturer of residential equipment, has announced its decision to acquire Ogihara Seisakusho, a company specializing in the design and manufacturing of small pumps and water treatment equipment, located in Ina City, Nagano Prefecture. This acquisition aims to enhance Noritz's vertical integration, improve operational efficiency, and establish a reliable supply chain.

Ogihara Seisakusho reported sales of 3.32 billion yen, an operating loss of 602 million yen, and net assets totaling 1.79 billion yen for the fiscal year ending in October 2024. The company’s expertise in water-related technologies aligns with Noritz's strategic goals of providing value-added and environmentally friendly products.

Industry Overview in Japan

The Japanese market for residential equipment, including heating and air conditioning systems, is witnessing significant growth, driven by increasing consumer demand for energy

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Disclosed details

Revenue: $3M

Net Income: $0M

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