Meiko Electronics Co., Ltd.
Notice Regarding Establishment of Vietnamese Subsidiary
The Company plans to establish a wholly owned subsidiary manufacturing electronic circuit boards in Phu Tho Province, Vietnam, with capital of 50 million USD on April 25, 2026.
Key Figures
- Capital: 50 million USD
- Planned Establishment Date: 2026-04-25
- Ownership Ratio: 100%
AI要約
Overview of Subsidiary Establishment
MEIKO CO., LTD. resolved at the Board of Directors meeting on April 8, 2026, to establish a subsidiary, MEIKO ELECTRONICS YEN QUANG CO., LTD., to manufacture electronic circuit boards in Phu Tho Province, Vietnam. The capital will be 50 million USD, with 100% investment by the company. The planned establishment date is April 25, 2026. The purpose is to expand production capacity by constructing a new factory because the customer demand for building supply chains in the ASEAN region is expected to exceed the capacity of existing and under-construction plants.
Future Outlook
The impact of this subsidiary establishment on consolidated results for the fiscal year ending March 2027 is expected to be minor. The company will promptly disclose any important matters that should be announced going forward.
