ikuyo Co.,Ltd.
Notice Regarding the Conclusion of a Business Alliance Between Tamadai Co., Ltd. and Shinto Holdings Co., Ltd.
A strategic business alliance for the joint production of recycled aluminum alloy ingots was concluded between Iyu's subsidiary Tamadai and Shinto Holdings. A state-of-the-art environmentally conscious plant will be constructed and operated in Kaisei Town, Kanagawa, with a closed facility featuring thorough exhaust and noise suppression. The impact on the consolidated results for the FY2027 ending March is expected to be minor.
Key Figures
- Location of the joint venture: Kaisei Town, Kanagawa Prefecture
- Plant scale: Approximately 500 square meters production building
- Contract resolution date: 2026-06-09
- Scheduled contract signing date: 2026-06-13
- Capital relationships: Consideration of equity participation
AI要約
Overview of the Strategic Alliance
Iyu Co., Ltd. announced that it has entered into a strategic alliance agreement with its subsidiary Tamadai and Shinto Holdings Corporation regarding the joint production of recycled aluminum alloy ingots. The backdrop of the alliance includes the promotion of an environmentally conscious business and strengthening the domestic supply chain through local production of domestic resources, with a state-of-the-art environmentally conscious plant to be installed in Kaisei Town.
Specifics of the Alliance and Prospects Going Forward
Aiming to vertically integrate from trading to material manufacturing, preprocessing will be performed by Shinto Holdings, while Iyu’s Tamadai will handle melting, casting, and refining in a fully closed facility. Capital investment will be undertaken jointly, and an equity stake in consideration is being discussed. The impact on the consolidated results for the fiscal year ending March 2027 is expected to be minor, and further disclosures will be made as appropriate.
Iyu Co., Ltd.
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