# Nojima acquires Hitachi's household appliance business for $691.2M

Nojima Corp. has acquired Hitachi Ltd.'s household appliance business for an estimated $691.2 million. Nojima will purchase an 80.1% stake in a new company created from Hitachi Global Life Solutions Inc., with Hitachi retaining a 19.9% stake. The deal is expected to complete in fiscal 2026 (ending March 2027).

- Type: Acquisition
- Announced: 2026-04-22
- Where: Japan
- Value: $691.2M
- Status: announced
- Products: household appliances
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hitachi](https://endata.com/companies/1325.md) (target)
- [Hitachi Global Life Solutions](https://endata.com/companies/51917.md) (target)
- [Nojima Corp.](https://endata.com/companies/91493.md) (acquirer)

## Sources

- [climatecontrolnews.com.au](https://www.climatecontrolnews.com.au/contracting/hitachi-keeps-air-conditioning), 2026-04-22: "Nojima plans to complete the deal in fiscal 2026, which ends in March 2027."

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