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Next Generation Technology Group, Inc. ( (JP:319A) ) just unveiled an announcement.
Next Generation Technology Group Inc. has agreed to acquire all shares of Tokyo-based precision machining and cutting specialist Horikoshi-Seiki Co., Ltd., making it a wholly owned subsidiary for ¥2.612 billion through its fully owned vehicle NGTG17 Co., Ltd. The deal, concluded and completed on January 16, 2026, brings a long-established and steadily profitable manufacturer into NGTG’s portfolio, strengthening its position as a consolidator in Japan’s manufacturing sector and signaling continued pursuit of similar acquisitions financed by a mix of internal funds and bank loans.
The most recent analyst rating on (JP:319A) stock is a Hold with a Yen11533.00 price target. To see the full list of analyst forecasts on Next Generation Technology Group, Inc. stock, see the JP:319A Stock Forecast page.
More about Next Generation Technology Group, Inc.
Next Generation Technology Group Inc. (NGTG), listed on the Tokyo Stock Exchange, is a serial acquirer focused on purchasing and managing manufacturing companies and businesses related to the manufacturing industry. Its mission is to preserve and pass on core industrial technologies by integrating multiple firms with strong technical capabilities into a robust corporate group, supported through a dedicated subsidiary that acquires and manages marketable securities.
Average Trading Volume: 78,155
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen102.9B
See more insights into 319A stock on TipRanks’ Stock Analysis page.