Miraial shares extend gains on subsidiary's acquisition of marine instrument maker Nunotani Marine Instrument Industrial

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Mon Apr 20, 2026 12:49 pm JST Catalyst

Miraial Co., Ltd. <4238> extended its gains in afternoon trading. Around 12:30 p.m., the company announced it will acquire all shares of Nunotani Marine Instrument Industrial (Nishi-ku, Osaka), a seller of marine instruments and railway vehicle equipment, on the 30th to make it a subsidiary, which was viewed as positive news.

Nunotani Marine Instrument can be classified under the "social infrastructure business" category, one of the four business areas targeted for M&A as part of Miraial's mid-term management plan. By incorporating different markets, technologies, and cultures into the group, Miraial expects to generate innovation and explore new markets. Additionally, in the marine equipment sector where technological innovation potential is increasing amid stricter environmental regulations and next-generation ship development, Miraial plans to explore possibilities for product sophistication and new product development in the marine equipment field by leveraging its high-performance resin molding processing technology and precision cutting technology. The acquisition price was not disclosed. Miraial noted that the impact on earnings performance is currently under review.

Source: MINKABU PRESS

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