Hakuto Co., Ltd. acquires 76% of shares in Indian company Rabyte Edge, making it a consolidated subsidiary. Number of shares acquired: 19,007,600 shares; Board resolution on 2026-02-05.
Hakuto Co., Ltd. has entered into fixed-rate loan agreements totaling JPY 160 billion with four banks on February 9, 2026, to secure funds for M&A, with a ten-year repayment period applying installment repayments.
Hakuto Co., Ltd. resolved to acquire 76% of the shares of Singapore-based Rabyte Pte. Ltd. on February 5, 2026, making it a consolidated subsidiary. The acquisition price is undisclosed, and the remaining 24% stake is planned to be acquired by 2028.
For the third quarter of the fiscal year ending March 2026, net sales amounted to JPY 136.027 billion, a 3.4% decrease year-over-year; operating income was JPY 5.29 billion, down 17.4%; and quarterly net income was JPY 4.235 billion, down 1.2%.