Nippon Shokubai acquires GOO Chemical and makes it a wholly owned subsidiary
- Acquired 3,520,000 shares for 20,000 million yen, resulting in 100% ownership effective November 2, 2026.
- Aim is to strengthen electronics and semiconductor materials capabilities and expand specialty chemicals using emulsification, polymerization and photosensitive technologies.
- GOO Chemical reported consolidated FY2026 revenue of 6,925 million yen and net profit of 771 million yen (operating profit 846 million yen).
- Impact on Nippon Shokubai’s consolidated results for the fiscal year ending March 31, 2027 is expected to be immaterial.
Transaction details
Nippon Shokubai acquired all 3,520,000 shares of GOO Chemical Co., Ltd. from MCP V, LPS and other individual shareholders for 20,000 million yen, making GOO Chemical a wholly owned subsidiary effective November 2, 2026. The Board resolution was approved on September 9, 2026 and the share transfer followed an October 16, 2026 agreement.
Strategic rationale
Under the Medium-term Business Plan 2027, the Group is reallocating resources to its Solutions Business to grow electronics and specialty-chemicals areas. The acquisition is intended to combine both companies’ materials and technologies to accelerate semiconductor application development, create higher-value products and expand global sales channels and applications.
About GOO Chemical
GOO Chemical develops and manufactures electronic materials, industrial resins and cosmetic materials, with core technologies in emulsification, polymerization and photosensitive processes, and water-soluble polyester resins for low‑impact coating applications. It supplies resist and insulating protective materials for semiconductors and electronic components.
Financials and outlook
Consolidated FY2026 figures: net assets 8,030 million yen, total assets 12,128 million yen, revenue 6,925 million yen, operating profit 846 million yen, ordinary profit 788 million yen and net profit 771 million yen. Nippon Shokubai says the acquisition’s effect on consolidated results for the year ending March 31, 2027 is expected to be immaterial, and it will disclose any necessary revisions.
Source: Nippon Shokubai