SWCC Corporation

5805.T
Electrical Equipment & Parts
2026/08/21 Updated
Market Cap: $2.6B (¥415.1B)
Stock Price: $88.12 (¥14,010)
Exchange Rate: 1 USD = ¥158.98

[SWCC] Implements Share Transfer of Subsidiary | May 2026

SWCC has decided to transfer all shares of its consolidated subsidiary, Axio, to Yokogawa Rental & Lease, resulting in Axio being excluded from the consolidated subsidiaries. The transfer aims to optimize the business portfolio and accelerate growth investments.

Importance:
Page Updated: May 28, 2026
IR Disclosure Date: May 28, 2026

Key Figures

  • Number of shares transferred: 6,200 shares (ownership ratio 0%)
  • Date of transfer: July 1, 2026 (scheduled)
  • Share transfer agreement closing date: May 27, 2026

AI要約

Overview of Share Transfer

SWCC has decided to transfer all shares of its consolidated subsidiary, Axio, to Yokogawa Rental & Lease, and has concluded a share transfer agreement. As a result, Axio will be excluded from the consolidated subsidiaries, aiming to optimize the business portfolio and promote growth investments. The transfer is scheduled for July 1, 2026, with the transfer amount undisclosed.

Future Outlook and Corporate Strategy

This is expected to have a minor impact on our consolidated performance, with profit recognition planned. As part of our business portfolio reform, we aim to strengthen our IT business and accelerate growth investments. We will seek to enhance Axio's corporate value and strengthen collaboration with Yokogawa Rental & Lease to improve overall corporate value.

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

SWCC Co., Ltd.

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