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. 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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.","jir_summary":"### Section heading\nThis 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.\n\n### Section 2 heading\nLooking 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.","jir_financial_highlights":"Impact level: Unknown (Unknown)","jir_category":"","jir_hashtags":"#IndiaLocalDevelopment, #BusinessStrategy, #LocalDevelopmentStructureStrengthening","jir_key_figures":"Scheduled name-change date: October 1, 2026\nNew business purpose added: design and development business\nFull-scale development operations start: January 2028","jir_meta_title":"[EfTech] Indian subsidiary name change and addition of business purpose | October 2026","jir_meta_description":"EfTech's Indian consolidated subsidiary changes its name and adds a new design and development business. Aiming to strengthen local development capabilities and commence full-scale operation in January 2028, with minor anticipated impact on consolidated results.","jir_og_title":"EfTech: Indian subsidiary name change and addition of design and development business","jir_og_description":"Announces the Indian consolidated subsidiary's name change and addition of design and development business. Responding to local market needs, aiming for full-scale operation in 2028.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58295,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-107658","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n