Stanley Electric Co., Ltd.
(Update on Disclosure) Notice Regarding Acquisition of Shares of Iwasaki Electric Co., Ltd. (Subsidiary Formation)
Stanley Electric Co., Ltd. has resolved to acquire all shares of Iwasaki Electric Co., Ltd. and make it a consolidated subsidiary. The acquisition is scheduled to be executed by April 2026.
Key Figures
- Target Company for Share Acquisition: Iwasaki Electric Co., Ltd.
- Scheduled Execution Period of Share Acquisition: By April 2026
- Approval Procedure Status: Approval procedures under anti-monopoly laws in Japan and Vietnam underway
AI要約
Overview of Share Acquisition
Stanley Electric Co., Ltd., based on the resolution announced on January 29, 2026 regarding the acquisition of shares of Iwasaki Electric Co., Ltd. (subsidiary formation), has decided to acquire all shares of Iwasaki Electric and make it a consolidated subsidiary. The effectiveness of the acquisition is conditional upon completion of necessary approval procedures under relevant laws including anti-monopoly regulations in Japan and Vietnam.
Outlook and Future Actions
At present, procedures and responses under competition law in Vietnam have not been completed. Once the conditions are met, the share acquisition is scheduled to be executed by April 2026. Should any new matters requiring disclosure arise, the company will promptly notify accordingly.
