Although specific sales and profit figures are undisclosed, Otec Corporation has entered into a capital and business alliance with Azbil Corporation against the backdrop of the Hikari Tsushin Group’s capital partnership. Azbil will become a new major shareholder, increasing its shareholding ratio to 20.04%. 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Azbil will become a new major shareholder, increasing its shareholding ratio to 20.04%. The execution date is scheduled for early November 2026.","jir_summary":"### Overview of the Capital and Business Alliance\nOtec Corporation has concluded a capital and business alliance agreement with Azbil Corporation. The two companies will strengthen their cooperative framework to enhance the development of construction personnel, improve capabilities to handle advanced projects, and roll out new products and services through joint development. The alliance aims to leverage Azbil's expertise in automation and Otec Corporation's strengths in environmental equipment and piping material businesses to reinforce the foundation for medium- to long-term growth.\n\n### Change in Shares and Major Shareholders and Future Outlook\nThrough this share transfer, Azbil will become a major shareholder and related party of Otec Corporation, and its voting rights ownership ratio is expected to reach 20.04%. The share transfer will be executed as an off-market private transaction, scheduled for early November 2026. Going forward, cooperation between the two companies is expected to strengthen order acquisition and construction systems, expand renovation and maintenance services for existing buildings, and the impact on performance will be continuously monitored.","jir_financial_highlights":"Voting rights ownership ratio (before change): 4.79\uff05 (Scheduled to expand to 20.04\uff05 after the change)\nVoting rights ownership ratio (after change): 20.04\uff05 (Increase due to new acquisition)\nTotal assets (consolidated): 332,240 million yen (Compared with fiscal year ended March 2026)","jir_category":"","jir_hashtags":"#Otec, #CapitalAndBusinessAlliance, #PartnershipAndM&A","jir_key_figures":"Voting rights ownership ratio (after change): 20.04\uff05\nVoting rights ownership ratio (before change): 4.79\uff05\nExecution date of the share transfer: early November 2026 (scheduled)","jir_meta_title":"Otec Corporation Announces Capital and Business Alliance with Azbil Corporation | October 26, 2026","jir_meta_description":"Otec Corporation has concluded a capital and business alliance agreement with Azbil Corporation, resulting in a change of major shareholder. The alliance focuses on developing construction personnel, enhancing capability for advanced projects, and joint development. Execution is scheduled for early November 2026.","jir_og_title":"Otec Corporation Announces Capital and Business Alliance with Azbil Corporation | October 26, 2026","jir_og_description":"Otec Corporation has entered into a capital and business alliance with Azbil Corporation. With the change of major shareholder, voting rights will reach 20.04%, and the collaboration aims to strengthen construction systems and create new services.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17560,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-134282","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n