Oki Electric Industry Co., Ltd.

6703.T
Communication Equipment
2026/09/11 Updated
Market Cap: $1.4B (¥220.2B)
Stock Price: $16.50 (¥2,538)
Exchange Rate: 1 USD = ¥153.85

Notice Regarding Absorption-type Split Featuring a Contract with Hitachi Channel Solutions, Ltd. (Tentative matter)

Publish of a new tentative matter for the absorption-type split associated with the business integration with Hitachi, Ltd. The successor company for the absorption-type split, its name, address, and representative have been tentatively decided, with launch target set for October 1, 2026. This is within the framework of organizational restructuring and business integration, not capital policy.

Importance:
Page Updated: September 3, 2026
IR Disclosure Date: September 3, 2026

Key Figures

  • OH Channel Innovations Co., Ltd. (planned)
  • Head office: 1-6-3 Osaki, Shinagawa-ku, Tokyo (planned)
  • Representative: Masataro Nakatsu (planned)

AI要約

Section Heading

This notice summarizes the outline of the absorption-type split related to the business integration with Hitachi, Ltd. and the establishment of a new joint venture. The name of the absorbing company for the absorption-type split is OH Channel Innovations Co., Ltd. (planned), the head office address is 1-6-3 Osaki, Shinagawa-ku, Tokyo (planned), and the representative is Masataro Nakatsu (planned), with the staffing composition clarified. The business scope includes planning, development, manufacturing, sales, operation, and monitoring of automation equipment and solutions such as ATMs (planned).

Section 2 Heading

Implementation of this business integration is conditional upon completion of clearance procedures such as regulatory and foreign ownership clearances. The launch target is October 1, 2026. The foregoing tentative matters may change before formal resolution and will be finalized through procedures such as shareholders' meetings and board meetings.

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

Oki Electric Industry Co., Ltd.

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