TOKAI Corporation plans to acquire 520,000,000 shares (40.0% voting rights) of Taft Hydroenergy Corporation to make it a consolidated subsidiary. The acquisition price is undisclosed. 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The acquisition price is undisclosed. Execution planned for June 2026.","jir_summary":"### Overview of the M&A\nTOKAI Holdings Corporation, through its wholly owned subsidiary TOKAI Corporation, resolved to acquire 520,000,000 shares (40.0% voting rights) of Taft Hydroenergy Corporation in the Philippines, thereby making it a consolidated subsidiary. Taft Hydroenergy operates approximately 15MW of run-of-river hydroelectric power plants, aiming to strengthen profitability in the renewable energy sector and enhance overseas expansion. The acquisition price is not disclosed due to confidentiality obligations but has been determined based on reasonable standards. The share transfer is scheduled for execution in June 2026.\n\n### Outlook and Impact\nThrough this share acquisition, the Company will obtain management control of Taft Hydroenergy, which will become a consolidated subsidiary. Repower Energy Development Corporation holds 40% of Taft Hydroenergy's shares, and will continue cooperation as an equity-method affiliate of the Group. The impact of this transaction on the consolidated financial results for the fiscal year ending March 2026 is assessed to be minor.","jir_financial_highlights":"Number of Shares Acquired: 520,000,000 shares (Acquisition of 40.0% voting rights)\nAcquisition Price: Undisclosed (Not disclosed due to confidentiality obligation)\nTaft Hydroenergy Corporation Net Sales (Fiscal Year Ending December 2024): 220,892,968 Philippine Pesos (Decrease Year-over-Year (From 405,866,305 Philippine Pesos in Fiscal Year Ending December 2023))","jir_category":"","jir_hashtags":"#TOKAIHoldingsCorporation, #M&A, #RenewableEnergy, #JapaneseStocks","jir_key_figures":"Number of Shares Acquired: 520,000,000 shares (40.0% voting rights acquired)\nAcquisition Price: Undisclosed (due to confidentiality obligations)\nTaft Hydroenergy Net Sales (Fiscal Year Ending December 2024): 220,892,968 Philippine Pesos","jir_meta_title":"TOKAI Holdings Corporation to Acquire 40% of Taft Hydroenergy Shares to Make It a Consolidated Subsidiary","jir_meta_description":"TOKAI Holdings Corporation has resolved to acquire 40% of shares in Taft Hydroenergy, a Philippine hydropower company, and make it a consolidated subsidiary. The acquisition price is undisclosed and execution is planned for June 2026.","jir_og_title":"TOKAI Holdings Announces Acquisition of Taft Hydroenergy Shares","jir_og_description":"As part of strengthening its renewable energy business, TOKAI Holdings will make a Philippine hydropower company a consolidated subsidiary by acquiring 520,000,000 shares (40%).","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9240,"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-36024","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n