# Taiheiyo Cement to acquire Tokuyama's cement sales business for ¥37 billion

Taiheiyo Cement will acquire all shares of a new company succeeding Tokuyama's cement sales business for approximately 37 billion yen, making it a wholly owned subsidiary. The share transfer is scheduled for October 1, 2026.

- Type: Acquisition
- Announced: 2026-03-25
- Where: Shunan City, Yamaguchi Prefecture, Japan
- Value: $234.0M (37.0B JPY)
- Status: announced
- Products: cement, solidifying agents
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Taiheiyo Cement](https://endata.com/companies/32760.md) (acquirer)
- [Tokuyama Corporation](https://endata.com/companies/33403.md) (target)

## Sources

- [japanir.jp](https://japanir.jp/en/company/company-5233/ir/5233-20260325-01_wp_m_and_a_alliance/), 2026-03-25: "Taiheiyo Cement plans to acquire all shares of a newly established company that succeeds Tokuyama's cement sales business for approximately 37 billion yen and make it a wholly owned subsidiary."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.