Hi-Lex Corporation

2026/03/06 Updated
Market Cap: $815.8M (¥128.3B)
Stock Price: $22.07 (¥3,470)
Exchange Rate: 1 USD = ¥157.23

Notice Regarding Change of Trade Name of Consolidated Subsidiaries

As of November 4, 2025, the trade names of consolidated subsidiary Mitsui Kinzoku Act Corporation and its subsidiary were changed to Hirlex Act Corporation and Haidesi Akute (Shanghai) Enterprise Management Co., Ltd., respectively.

Importance:
Page Updated: March 6, 2026
IR Disclosure Date: March 6, 2026

Key Figures

  • Trade Name Change Date: 2025-11-04
  • Capital of Mitsui Kinzoku Act Corporation: 3,000 million JPY
  • Capital of Mitsui Kinzoku Akute (Shanghai) Management Co., Ltd.: 13,234 thousand CNY

AI要約

Overview of Trade Name Change

Hirlex Corporation announced that on November 4, 2025, it changed the trade names of its consolidated subsidiary Mitsui Kinzoku Act Corporation and its subsidiary. Mitsui Kinzoku Act Corporation has been renamed Hirlex Act Corporation, and Mitsui Kinzoku Akute (Shanghai) Management Co., Ltd. has been renamed Haidesi Akute (Shanghai) Enterprise Management Co., Ltd. This change is due to a change in the parent company following the acquisition of shares, making them consolidated subsidiaries.

Overview of Subsidiaries and Impact of Trade Name Change

The targeted subsidiaries are engaged in the development, manufacturing, and sales of functional automotive components, with capital of 3,000 million JPY. The Shanghai subsidiary is responsible for sales with capital of 13,234 thousand CNY. While the trade name changes are expected to unify the brand and enhance group cohesiveness, no specific impacts on performance or capital structure are described.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.