Hi-Lex Corporation

2026/03/06 Updated
Market Cap: $814.5M (¥128.3B)
Stock Price: $22.03 (¥3,470)
Exchange Rate: 1 USD = ¥157.48

Notice Regarding Change of Reporting Segments

From the first quarter of the fiscal year ending October 2026, the regional segment classification will be revised by adding Brazil to the Americas and adding the United Kingdom and Morocco to Europe.

Importance:
Page Updated: March 6, 2026
IR Disclosure Date: March 6, 2026

Key Figures

  • November 4, 2025: Acquisition of shares of Hilex Act Co., Ltd.
  • Number of group companies: 11
  • Segment classification change effective from first quarter financial results of fiscal year ending October 2026

AI要約

Background and Details of Segment Change

Hilex Corporation acquired shares of Hilex Act Co., Ltd. on November 4, 2025, making 11 group companies consolidated in its financial statements. Accordingly, to align business performance management divisions with the actual situation, the regional segment classification will be changed from the first quarter of the fiscal year ending October 2026. Specifically, the former North America segment will be renamed Americas with the addition of Brazil; Korea will be established as an independent segment in Asia; and the United Kingdom and Morocco will be added to Europe.

Impact of Changes and Future Disclosures

This segment change aims to enable performance management aligned with the reality due to the expanded group. The new segment classifications will be applied from the first quarter results of the fiscal year ending October 2026, with disclosures based on the new segments made in subsequent financial materials. The Spanish subsidiary is currently undergoing liquidation procedures following a board resolution dated August 1, 2025, with responses progressing in accordance with local laws.

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