ikuyo Co.,Ltd.
Notice Regarding the Asset Transfer of the EV Bus Business
Today, by resolution of the Board of Directors, we will acquire the EV bus business from EV Motors Japan. The objective is to promote growth strategy leveraging environmental solutions such as electrification, autonomous driving, and energy storage. The assets to be acquired include the assets and product warranties, with no liabilities disclosed. The acquisition price will be announced after court approval in the civil rehabilitation proceedings. The impact on results is being examined for the fiscal year ending March 2027.
Key Figures
- Target business for acquisition: EV Bus Business
- Transfer execution timing: around November 2026 (planned)
- Acquisition price: to be disclosed after court approval in civil rehabilitation proceedings (unknown)
AI要約
Overview of M&A and Asset Transfer
Ikuyo Co., Ltd. has resolved at its Board of Directors to acquire the EV bus business from EV Motors Japan. The objective is growth in the areas of electrification, autonomous driving, and decarbonization, establishing a new revenue base. The assets to be acquired include the assets and the assumption of product warranties, with no liabilities disclosed. The acquisition price will be announced after court approval in the civil rehabilitation proceedings.
Financial impact and outlook
The impact on the consolidated results for the fiscal year ending March 2027 is being reviewed and will be disclosed after formal court approval. No direct financial figures are disclosed, but the timing of the acquisition is planned for contract signing on 2026-08-10 and transfer execution around November.
Ikuyo Co., Ltd.
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