Orix plans to acquire DHC for $2.1 billion and plans to invest in Toshiba
The Nikkei Asia news agency reported on November 11, 2565 that Orix, a Japanese financial services group, Preparing to acquire all shares from existing shareholders of DHC, a major Japanese cosmetics and health food company, including DHC founder Yoshiaki Yoshida, who is preparing to step down from his position. The deal is expected to be worth 3 billion yen, or about $2.1 billion.
If the deal proceeds according to the estimated value It will be Orix's most expensive acquisition to date. Although the main business of the company is rental But in recent years there has been an increase in investment activity. The company's strategy is to acquire companies that are considered undervalued and improve their performance by creating synergies with other business groups. Some of these purchases are still being made by the group. while some items are listed or sold off.
Orix plans to triple the asset size of its business investment division from approximately 3 billion yen at the end of March 3.10 to 2565 trillion yen by the fiscal year ending March 1. Orix is considering cooperation with Japan's Japan Industrial Partners fund. To invest in Toshiba which is undergoing restructuring.
DHC's main businesses are cosmetics and health food. But it operates in several other areas, including apparel and resort management. It had sales of 9.01 billion yen for the fiscal year ending July 2564 and operating income of 1.09 billion yen.
