Galilei Holdings will establish a joint venture in India, scheduled to start operations in September 2026. The capital is approximately 1,500 million yen, with investment ratios of 60% and 40%.<\/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":"6420","jir_company_name":"Galilei Holdings Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/6420-20260724-02.pdf","jir_short_summary":"Galilei Holdings will establish a joint venture in India, scheduled to start operations in September 2026. The capital is approximately 1,500 million yen, with investment ratios of 60% and 40%.","jir_summary":"### Overview of Joint Venture Establishment\nGalilei Holdings will establish a joint venture in Gujarat, India, to manufacture and sell commercial freezers and refrigerators. The capital is 882 million yen (approximately 1,500 million yen), with the company holding 60% and Ice Make Refrigeration Ltd holding 40%. The establishment is scheduled for September 2026, aiming to build local production and sales infrastructure, expand market share in India, and enhance brand recognition.\n\n### Future Outlook and Impact on Business Performance\nThe impact of this project on our consolidated business performance is expected to be minimal, but in the medium to long term, it is anticipated to contribute to corporate value enhancement as part of the growth strategy for overseas businesses. Given the projected growth of the Indian market, we plan to expand sales through local business development.","jir_financial_highlights":"Capital: 882 million rupees (approximately 1,500 million yen) (unknown)\nNet Assets: 882 million rupees (approximately 1,500 million yen) (unknown)\nTotal Assets: 882 million rupees (approximately 1,500 million yen) (unknown)","jir_category":"","jir_hashtags":"#GalileiHoldings, #IRType:BusinessStrategy, #JapaneseStocks","jir_key_figures":"Capital: 882 million rupees (approximately 1,500 million yen)\nInvestment ratio: Galilei Holdings 60%, Ice Make Refrigeration Ltd 40%\nScheduled establishment date: September 2026","jir_meta_title":"\u3010Galilei Holdings\u3011Establishment of Indian Joint Venture | September 2026","jir_meta_description":"Galilei Holdings will establish a joint venture in India, scheduled to start operations in September 2026. The capital is approximately 1,500 million yen, and local production and sales infrastructure will be developed.","jir_og_title":"\u3010Galilei Holdings\u3011Establishment of Indian Joint Venture | September 2026","jir_og_description":"Galilei Holdings is establishing a joint venture in India, with operations scheduled to commence in September 2026. The company plans to enhance local production and expand overseas business.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9120,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-88062","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n