Inaba Denkisangyo said on 31 August that it had agreed to acquire all shares of Fujikura Shoji, the consolidated sales subsidiary of Fujikura, making it a wholly owned subsidiary.
Why Inaba Denkisangyo Co., Ltd. is buying Fujikura Shoji Co., Ltd.
Inaba said the deal broadens its line-up of Fujikura group products and combines Fujikura Shoji's expertise in electronic components and connectors with its own sales network, accelerating expansion of the electronics business in its industrial equipment segment. Fujikura expects stronger sales of its products through Inaba's network.
Deal terms and financing
Inaba will acquire 1,775,775 shares, or 100%, from Fujikura; the price was not disclosed. Fujikura Shoji's wholly owned subsidiary Fujikura Shoji Trading (Dalian) will become Inaba's sub-subsidiary.
Regulatory approvals and timing
The share transfer agreement was signed on 31 August, with execution scheduled for 1 March 2027.
Market context
Fujikura Shoji was set up in 1947 as Fujikura's directly owned wire sales subsidiary and has handled domestic sales of the group's products. It reported net assets of JPY 3.5bn at March 2026; combined with its Dalian unit, sales were about JPY 35.6bn.
