Aica Kogyo
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Japan Adhesives and Sealants M&A: Foreign Majors Entering Japan and Japanese Makers Expanding in Asia
(USD figures are converted at USD/JPY = 150 for reference and rounded. Company fiscal years are shown as FY2026/3, meaning the fiscal year ended March 2026. Industry statistics are for calendar years. Other currencies are shown as disclosed.) In Japan adhesives and sealants M&A, Belgium’s Soudal acquired a majority stake in Osaka-based Sharp Chemical in…
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Japan Building Materials M&A: Group Restructuring, Distribution Roll-Ups and Foreign Capital
(Updated October 2026. USD figures are converted at USD/JPY = 150 for reference.) New housing starts in Japan fell to about 741,000 units in 2025, the third consecutive annual decline. Against this background, Japan building materials M&A has centered on changes in the ownership of large groups’ businesses. Panasonic Holdings sold 80% of its housing…