F-Tech Inc.
Notice of Change of Name for Indian Consolidated Subcontractor and Addition of Business Purpose
The Indian consolidated subsidiary F-TECH AUTOMOTIVE COMPONENTS PRIVATE LIMITED will change its corporate name to F-TECH R&D INDIA PRIVATE LIMITED and add automobile parts design and development as a business purpose. The change is planned for October 1, 2026, with full-scale development operations aimed for January 2028. The impact on consolidated results is expected to be minor.
Key Figures
- Scheduled name-change date: October 1, 2026
- New business purpose added: design and development business
- Full-scale development operations start: January 2028
AI要約
Section heading
This release concerns the change of name of the Indian consolidated subsidiary and the addition of a new business purpose. The new name will be F-TECH R&D INDIA PRIVATE LIMITED, and the business purpose will include the design and development of automotive parts. The change is targeted for October 1, 2026, and is expected to be formally implemented after resolutions at the subsidiary's shareholders meeting. The objective is to establish a development framework that responds to local market needs, secure cost-competitive product specifications, and strengthen direct relationships with local development. It is noted that the impact on consolidated results is minor.
Section 2 heading
Looking ahead, the plan is to commence full-scale development operations in January 2028. Through strengthening organizational and product development structures to adapt to changes in the local market, we will reflect the productivity of our partners in product specifications to meet customer price requirements.
F-Tech Inc.
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