CTS Co., Ltd.
Notice Regarding Additional Acquisition of Shares of Fileforce Corporation
CTS Corporation will additionally acquire shares of Fileforce Corporation, raising its voting right ratio to 41.7%. Contract signing and transfer execution are scheduled for March 2026, with minor impact expected on earnings.
Key Figures
- Voting Right Ratio: 41.7% (after additional share acquisition)
- Contract Signing Date: Scheduled for March 2026
- Share Transfer Execution Date: Scheduled for March 2026
AI要約
Purpose and Overview of Additional Share Acquisition
CTS Corporation has reached a basic agreement to additionally acquire shares of Fileforce Corporation, an equity-method affiliate. This aligns with the mid-term management policy to transform into a specialized construction ICT company, aiming to enhance functionality and service quality of the cloud storage service “Fileforce® For Construction (FFC)”. The voting right ratio is expected to reach 41.7% following the additional acquisition.
Outlook and Impact
The impact on the fiscal year ending March 2026 is expected to be minor; however, in the medium to long term, it is anticipated to contribute to the improvement of the group’s performance. The contract signing and share transfer execution are scheduled within March 2026.
