#United States #Utah #Hajime Construction #Wright Homes #Canada USA

Hajime Construction's Strategic Acquisition of Wright Homes Group

In a bold move to expand its influence in international markets, Hajime Construction Co., a core entity of the Iida Group Holdings, has decided to acquire a significant stake in Wright Homes Group. The acquisition involves Hajime's newly established overseas subsidiary, Hajime AMERICA Inc., which will secure a 51% stake in three business entities operated by Wright Homes Group, based in Utah, USA. A resolution for this strategic move was passed during the board meeting on March 10, 2026.

Significance of the Acquisition

This acquisition is not merely a business transaction; it represents Hajime Construction’s commitment to international expansion, supplementing its previous outreach efforts that began with the establishment of its Indonesian subsidiary in December 2016. The Wright Homes Group, founded on solid principles of community and responsible growth, aligns perfectly with Hajime's long-term vision of developing a foothold in the U.S. housing market.

Understanding Wright Homes Group

Wright Homes Group is characterized by its successful track record in the development, construction, and sale of single-family homes, primarily in Northern Utah. The founder, Derek Wright, is actively involved in land acquisition and leverages strong local networks, ensuring a stable and efficient business operation that avoids excessive inventory and promotes steady growth. The business model is further reinforced by prudent practices, highlighting the group's commitment to sustainable development.

Background of the Partnership

Hajime Construction’s decision to collaborate with Wright Homes Group stems from a well-researched strategy for mid-to-long-term growth, focusing on international operations while harnessing the strengths of established partners. Wright Homes Group possesses robust operational foundations and well-utilized existing business models that promise synergistic growth opportunities, making the acquisition beneficial for both parties. Derek Wright's integrity and dedication were also notable factors in forging this partnership.

Synergies Between Hajime Construction and Wright Homes Group

Both firms share a commitment to single-family homes, providing a solid understanding that uniquely positions them for cooperative operation. Their common emphasis on regional engagement complements each other's strengths, allowing for an effective blend of local insights from Wright and the overarching governance of Hajime Construction.

Future Plans and Collaborative Efforts

Moving forward, the focus will initially rest on stabilizing existing operations while fostering mutual comprehension and expanding cooperation between the two companies. They plan to gradually share expertise related to residential development, land acquisition, and talent cultivation. The goal is to enhance the residential sector's value through combined knowledge and experience, leading to sustainable growth and increased corporate value.

Both companies see this as a significant step toward establishing a more extensive business foundation in the United States, aiming for long-term sustainability.

Leadership Remarks

Tadamitsu Horiguchi, the CEO of Hajime Construction, expressed his excitement: "Welcoming Wright Homes Group, a reputable entity with a significant footprint in Utah, to the Hajime family is incredibly meaningful. This partnership signifies a new phase of our international business activities, focusing on localized and dependable operations in collaboration with WH Group. By integrating our industry know-how and strengths, we aim to explore new markets while improving our sustainability and corporate value."

Derek Wright shared his thoughts on the partnership, stating, "For over 30 years, we have built strong communities with responsible growth. Partnering with Hajime Construction facilitates the next step in our mission. Their global reach and investment perspective align perfectly with our established brand, allowing us to capture growth opportunities effectively. Our shared commitment to discipline, community values, and responsible growth underpin this project moving forward."

Conclusion

The strategic acquisition of Wright Homes Group by Hajime Construction reflects a significant milestone in their international expansion strategy. This collaboration not only enhances operational efficiency but also paves the way for a new era of growth and innovation in residential development across the U.S. market.