TECHNOLOGIES, Inc.
Please list the official title as-is if not in Chinese or English
Announced a revision of the policy to make consolidated subsidiary EcoKawa a wholly owned subsidiary. The policy has changed to execute the transfer by having EcoKawa acquire all its shares as treasury stock. The transfer execution date and planned deconsolidation date are November 1, 2026. Recovered funds will be allocated to working capital, etc., and an improvement in financial soundness and capital efficiency is expected.
Key Figures
- Transfer price for this transaction: 1,326 million yen
- Transfer execution date: 2026-11-01
- Planned deconsolidation date: 2026-11-01
AI要約
Overview of the Event
On October 30, 2026, the Company held a board of directors meeting and resolved that EcoKawa, a consolidated subsidiary held by the Company, will acquire all of its shares (this transfer). As a result, EcoKawa will be excluded from consolidation and will own the Company’s shares by acquiring them as treasury stock.
Future Impact and Capital Policy
Recovered funds from the transfer are planned to be allocated to shareholder benefit expenses and other items. Exclusion from the consolidated scope is expected to reduce total assets and liabilities and improve the equity ratio, and the release of guarantees related to EcoKawa’s obligations has been completed. Investment in battery-related projects will continue, and the Company will promote operations that emphasize capital efficiency.
TECHNOLOGIES, Inc.
Company overview · Stock price · Financial data · All IR
