Hakuto Co., Ltd.
Announcement Regarding the Acquisition of Rabyte Edge Pvt. Ltd. in India as a Consolidated Subsidiary through Third-Party Allotment
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.
Key Figures
- Number of Shares Acquired: 19,007,600 shares (Voting rights ownership ratio 76%)
- Rabyte Edge Sales (Fiscal Year Ending March 2025): 2,994 million rupees (5,240 million yen)
- Rabyte Edge Net Assets (Fiscal Year Ending March 2025): 383 million rupees (670 million yen)
AI要約
Overview of M&A
At the board meeting held on February 5, 2026, Hakuto Co., Ltd. resolved to subscribe to a third-party allotment of shares in Rabyte Edge Pvt. Ltd., an Indian electronic components wholesale and distribution company, acquiring 76% of its shares and making it a consolidated subsidiary. Rabyte Edge provides not only electronic components and advanced semiconductors but also diverse value-added services such as design proposals and supply chain management, demonstrating high synergy with Hakuto’s future strategy. This acquisition is expected to expand the customer base in the Indian market and promote joint development of new products.
Future Outlook and Financing
Hakuto Co., Ltd. plans to acquire the remaining 24% of shares by 2028, with the current acquisition to be funded through borrowing and cash payment. The impact on consolidated financial results for the fiscal year ending March 2026 is under review, and disclosures will be made promptly if necessary. This M&A is part of measures aimed at medium- to long-term enhancement of corporate value.