TOYO Corporation
Announcement Regarding Acquisition of Shares of SonicGuard Inc. (Subsidiarization)
Toyo Technica Co., Ltd. will acquire all 660 shares of SonicGuard Inc. for 770,000 thousand yen, making it a subsidiary. The acquisition date is scheduled for 2026-01-28.
Key Figures
- Acquisition Price: 770,000 thousand yen
- Number of Shares Acquired: 660 shares (100.0% voting rights ownership ratio)
- Stock Transfer Execution Date: 2026-01-28 (Scheduled)
AI要約
Overview of M&A
Toyo Technica Co., Ltd., based on the board resolution on 2026-01-22, has decided to acquire all 660 shares of SonicGuard Inc. for 770,000 thousand yen, making it a subsidiary. SonicGuard is an electronic equipment manufacturer producing and selling remote monitoring systems and recording devices for government agencies and local municipalities, with high technological capability and reliability in the public sector. This acquisition aims to strengthen Toyo Technica’s information and communication / information security business and foster new solution development.
Future Outlook and Schedule
The stock transfer execution date is scheduled for 2026-01-28, and the impact on performance and financial condition due to the acquisition is currently being examined. SonicGuard plans to spin off its real estate business by a company split scheduled in January 2026; the post-split financial condition is expected to show net assets of 626,693 thousand yen and total assets of 880,872 thousand yen. Any matters requiring disclosure will be promptly announced.
