Completed integration of the automation equipment business including ATMs with Hitachi, Ltd. and established the joint venture OH Channel Innovations Co., Ltd. with a 60:40 investment ratio. Oki Electric Industry Co., Ltd. holds 60%, Hitachi, Ltd. holds 40%, capital is 86 hundred million yen, fiscal year-end is March. Through an absorption-type company split, Oki Electric Industry succeeded to the business, and acquired part of Hitachi Channel Solutions’ shares, making it a consolidated subsidiary. Any future impact on earnings will be disclosed as necessary.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6703","jir_company_name":"Oki Electric Industry Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-01","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/6703-20261001-01.pdf","jir_short_summary":"Completed integration of the automation equipment business including ATMs with Hitachi, Ltd. and established the joint venture OH Channel Innovations Co., Ltd. with a 60:40 investment ratio. Oki Electric Industry Co., Ltd. holds 60%, Hitachi, Ltd. holds 40%, capital is 86 hundred million yen, fiscal year-end is March. Through an absorption-type company split, Oki Electric Industry succeeded to the business, and acquired part of Hitachi Channel Solutions' shares, making it a consolidated subsidiary. Any future impact on earnings will be disclosed as necessary.","jir_summary":"### Overview of the Business Integration\nThis transaction completes the integration of the automation equipment business, including ATMs, with Hitachi, Ltd., and will promote the business through a newly established joint venture, OH Channel Innovations Co., Ltd. Oki Electric Industry Co., Ltd. will invest 60% and Hitachi, Ltd. will invest 40%, with capital of 86 hundred million yen. Through an absorption-type company split, Oki Electric Industry succeeded to the development and manufacturing businesses, and acquired part of the shares of Hitachi Channel Solutions, making it a consolidated subsidiary.\n\n### Outlook and Impact\nAny impact of this business integration on consolidated results for the fiscal year ending March 2027 will be promptly disclosed as information becomes available. The specific procedures, including the split date, have been completed as of today. While it is currently unclear how the integration effects will be reflected in financial results, the consolidation of the subsidiary is expected to expand business scale and improve efficiency.","jir_financial_highlights":"Capital: 86 hundred million yen (Unknown)\nInvestment ratio (OH Channel Innovations Co., Ltd.): Oki Electric Industry Co., Ltd. 60%, Hitachi, Ltd. 40% (Unknown)\nNumber of shares owned after the split: 120,000 shares (voting rights) (Unknown)\nSplit date \/ Business integration date: 2026-10-01 (Unknown)","jir_category":"","jir_hashtags":"#OkiElectricIndustry, #AutomationEquipment, #CorporateRestructuring, #JointVenture, #OHChannelInnovations","jir_key_figures":"Capital: 86 hundred million yen\nInvestment ratio: Oki Electric Industry Co., Ltd. 60%, Hitachi, Ltd. 40%\nNumber of shares owned after the split: 120,000 shares (voting rights)\nShare acquisition date: 2026-10-01","jir_meta_title":"Oki Electric Industry Co., Ltd. Notice of Business Integration Due to Establishment of OH Channel Innovations | October 2026","jir_meta_description":"A joint venture is established through integration of the automation equipment business, including ATMs, with Hitachi, Ltd. Investment ratio 60:40, capital 86 hundred million yen, split date 2026-10-01. Future impact on earnings will be disclosed as information becomes available.","jir_og_title":"Oki Electric Industry Co., Ltd. Announces Establishment of OH Channel Innovations and Business Integration","jir_og_description":"OH Channel Innovations is established through the integration of the automation equipment business with Hitachi, Ltd. Investment ratio 60:40, capital 86 hundred million yen, split date 2026-10-01. Future impact on earnings will be announced in due course.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9136,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-126611","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n