{"id":48311,"date":"2026-05-12T19:36:11","date_gmt":"2026-05-12T10:36:11","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9517-20260512-02_wp_general_ir\/"},"modified":"2026-05-12T19:36:11","modified_gmt":"2026-05-12T10:36:11","slug":"9517-20260512-02_wp_general_ir","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9517\/ir\/9517-20260512-02_wp_general_ir\/","title":{"rendered":"Notice of Dissolution of Capital and Business Alliance | May 2026"},"content":{"rendered":"<p>Erex has dissolved its capital and business alliance with JFE Engineering, stating that both companies will pursue their businesses independently. The reason for dissolution is due to the achievement of collaborative objectives and strategic evolution, with minimal impact expected on future performance.<\/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,"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":"9517","jir_company_name":"Erex Corporation","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-05-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/9517-20260512-02.pdf","jir_short_summary":"Erex has dissolved its capital and business alliance with JFE Engineering, stating that both companies will pursue their businesses independently. The reason for dissolution is due to the achievement of collaborative objectives and strategic evolution, with minimal impact expected on future performance.","jir_summary":"### Overview of the Dissolution\nErex held a Board of Directors meeting on May 12, 2026, and resolved to dissolve the capital and business alliance with JFE Engineering, concluded in May 2024. Both companies concluded that they have achieved a certain level of the alliance's objectives and will now operate independently. The business contracts related to the alliance will be terminated on the same day, and the handling of JFE Engineering's shareholdings will be considered moving forward.\n\n### Future Business Strategies and Outlook\nErex will continue to build optimal structures for each overseas project flexibly and maintain a strategy that does not depend on specific capital alliances. The impact of the dissolution on performance is expected to be minimal, and the company will continue to aim for growth and value enhancement.","jir_financial_highlights":"Unknown: Unknown (Unknown)","jir_category":"","jir_hashtags":"#Erex, #DissolutionOfCapitalAndBusinessAlliance, #JapanStocks","jir_key_figures":"Unknown\nUnknown\nUnknown","jir_meta_title":"\u3010Erex\u3011Dissolution of Capital and Business Alliance | May 2026","jir_meta_description":"Erex has dissolved its capital and business alliance with JFE Engineering, and will pursue its business independently. The content indicates minimal impact on performance and strategic review.","jir_og_title":"\u3010Erex\u3011Dissolution of Capital and Business Alliance | May 2026","jir_og_description":"Erex has announced the dissolution of its capital and business alliance with JFE Engineering, and plans to proceed with independent business operations.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17450,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-48311","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice of Dissolution of Capital and Business Alliance | May 2026 - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-9517\/ir\/9517-20260512-02_wp_general_ir\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9517\/ir\/9517-20260512-02_wp_general_ir\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9517\/ir\/9517-20260512-02_wp_general_ir\/\",\"name\":\"Notice of Dissolution of Capital and Business Alliance | May 2026 - 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