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Iida Group Holdings Acquires Controlling Stake in Utah’s Wright Homes

lite News Desk 1 min read

At a glance

  • Iida Group Holdings announced the acquisition in March 2026
  • The deal involves Wright Homes Group, a Utah-based homebuilder
  • Wright Homes Group reported $71 million in sales for 2025

Iida Group Holdings, through its subsidiary Hajime America Inc., completed the acquisition of a controlling interest in Wright Homes Group, a company operating in Utah’s residential construction sector.

The transaction was formally announced in early March 2026, marking Iida Group Holdings’ latest move to expand its presence in the United States housing market.

Wright Homes Group, which operates through Wright & Associates, LLC, focuses on the development, construction, and sale of detached homes within Utah.

According to available financial data, Wright Homes Group recorded approximately $71 million in sales and $18 million in operating profit during 2025, reflecting its activity in the regional housing market.

What the numbers show

  • The acquisition was announced in March 2026
  • Wright Homes Group reported $71 million in 2025 sales
  • Operating profit for Wright Homes Group reached $18 million in 2025

Iida Group Holdings carried out the acquisition through its U.S.-based subsidiary, Hajime America Inc., as part of its overseas business strategy.

Wright Homes Group’s operations include the full cycle of residential development, from land acquisition and planning to construction and sales, primarily within the Utah market.

The acquisition adds to Iida Group Holdings’ portfolio of overseas investments, with the company seeking to broaden its reach in the North American housing sector through this transaction.

No institutional statements or industry reactions regarding the acquisition were included in the available fact pack at the time of publication.

* This article is based on publicly available information at the time of writing.

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