#Japan #Construction Materials #JK Holdings #Koto, Tokyo #Masuda Lumber

JK Holdings Group Expands Its Reach through Acquisition of Masuda Lumber

In an exciting development for the construction materials industry, the JK Holdings Group (referred to as JKHHD Group) has entered into a business transfer agreement to acquire the operations of Masuda Lumber Co., Ltd., based in Hakodate, Hokkaido. This strategic move is aimed at enhancing the retail segment of the JKHHD Group and is expected to provide additional services through synergies created by this acquisition.

About JK Holdings Group and JK Holdings

JKHHD Group operates under the corporate philosophy of creating "comfortable and prosperous living environments." The company specializes in the manufacturing and sales of plywood, processing and selling timber, as well as wholesale businesses related to construction materials, plywood, and related housing equipment. With a strong commitment to the sector of "living," the JKHHD Group has established a network of approximately 300 locations across Japan through its 60 affiliated companies, fostering local communities.

As the holding company for the JKHHD Group, JK Holdings (also situated in Koto, Tokyo) is responsible for overseeing the management and operations of the group as a whole, led by President Keiichiro Aoki.

Purposes of the Acquisition

Masuda Lumber has been a key player in the construction materials market in Hokkaido. By acquiring the company, JKHHD Group aims to strengthen its footprint in the retail segment. This move is seen as an excellent opportunity to enhance service offerings by leveraging the combined strengths of both organizations.

Details of the Acquisition

Business Acquisition Overview

The acquisition entails the transfer of Masuda Lumber's construction materials sales operations to JK Holdings Investment Business 1 (JKib1). Following the acquisition, the company plans to change its name to Burken Masuda Co., Ltd., and will operate under this new identity.

Key Dates

• - Contract Signing Date: May 23, 2025
• - Effective Date (Business Transfer Date): June 30, 2025 (planned)

Company Overview

Masuda Lumber Co., Ltd.

• - Established: January 18, 1967
• - Representative: Matsuyuki Masuda
• - Location: 20-3 Oonawa-cho, Hakodate, Hokkaido
• - Capital: 40 million yen

JK Holdings Investment Business 1

• - Established: October 29, 2024
• - Representative: Shingo Takatsuka
• - Location: 1-22 Shin-Kiba, Koto, Tokyo
• - Capital: 1 yen
• - Future Name Change: Burken Masuda Co., Ltd.

JK Holdings Co., Ltd.

• - Website: JK Holdings
• - Established: February 15, 1949
• - Representative: Keiichiro Aoki
• - Location: 1-22 Shin-Kiba, Koto, Tokyo
• - Capital: 3.195 billion yen

In summary, the acquisition of Masuda Lumber by JK Holdings Group is set to bring significant benefits not only to the group but also to customers seeking quality construction materials in Japan. As the effective date draws near, both companies are poised to integrate their operations smoothly, ensuring a seamless transition and enhanced service delivery in the marketplace.