On April 1, 2026, Daikoku Denki established a subsidiary, Chagri Co., Ltd., with capital of 50 million yen to undertake agricultural support and agritech business related to the matcha sector, launching a new 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-04-01","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/6430-20260401-02.pdf","jir_short_summary":"On April 1, 2026, Daikoku Denki established a subsidiary, Chagri Co., Ltd., with capital of 50 million yen to undertake agricultural support and agritech business related to the matcha sector, launching a new business.","jir_summary":"### Overview of Subsidiary Establishment and New Business\nDaikoku Denki Co., Ltd. established Chagri Co., Ltd. as a wholly-owned subsidiary based on a board resolution dated March 23, 2026, to address the expansion of the matcha-related market and to solve challenges at the tencha production sites through agricultural support and agritech business. The capital is 50 million yen. The new company will engage in a wide range of activities including agricultural technology research and development, production, processing and sales of agricultural products, contract farming operations, and operation of agricultural experience farms.\n\n### Future Outlook\nThis business is expected to contribute to the group\u2019s performance improvement over the medium to long term, but its impact on the performance for the current consolidated fiscal year is anticipated to be minor. Should there be any impact on earnings, timely disclosure will be made.","jir_financial_highlights":"Investment Amount: 100 million yen (Unknown)\nSubsidiary Capital: 50 million yen (Unknown)\nEstablishment Date: 2026-04-01 (Unknown)","jir_category":"","jir_hashtags":"#DaikokuDenkiCoLtd, #business_update, #JapaneseStocks","jir_key_figures":"Investment Amount: 100 million yen (Investment for the start of new business)\nSubsidiary Capital: 50 million yen (Capital of Chagri Co., Ltd.)\nEstablishment Date: 2026-04-01 (Date of subsidiary establishment and business commencement)","jir_meta_title":"Daikoku Denki Establishes Subsidiary and Launches New Agricultural Support Business in Matcha Sector","jir_meta_description":"On April 1, 2026, Daikoku Denki established Chagri Co., Ltd. as a subsidiary to operate agricultural support and agritech business in the matcha-related field, with capital of 50 million yen and investment of 100 million yen, aiming for medium-to-long-term performance growth.","jir_og_title":"Daikoku Denki Establishes Subsidiary for New Matcha-Related Business","jir_og_description":"On April 1, 2026, Daikoku Denki established Chagri Co., Ltd. and commenced agricultural support and agritech operations.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17616,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-38377","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n