Today, by resolution of the Board of Directors, we will acquire the EV bus business from EV Motors Japan. The objective is to promote growth strategy leveraging environmental solutions such as electrification, autonomous driving, and energy storage. The assets to be acquired include the assets and product warranties, with no liabilities disclosed. The acquisition price will be announced after court approval in the civil rehabilitation proceedings. 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The objective is to promote growth strategy leveraging environmental solutions such as electrification, autonomous driving, and energy storage. The assets to be acquired include the assets and product warranties, with no liabilities disclosed. The acquisition price will be announced after court approval in the civil rehabilitation proceedings. The impact on results is being examined for the fiscal year ending March 2027.","jir_summary":"### Overview of M&A and Asset Transfer\nIkuyo Co., Ltd. has resolved at its Board of Directors to acquire the EV bus business from EV Motors Japan. The objective is growth in the areas of electrification, autonomous driving, and decarbonization, establishing a new revenue base. The assets to be acquired include the assets and the assumption of product warranties, with no liabilities disclosed. The acquisition price will be announced after court approval in the civil rehabilitation proceedings.\n\n### Financial impact and outlook\nThe impact on the consolidated results for the fiscal year ending March 2027 is being reviewed and will be disclosed after formal court approval. No direct financial figures are disclosed, but the timing of the acquisition is planned for contract signing on 2026-08-10 and transfer execution around November.","jir_financial_highlights":"Sales: 4,470; 8,009; 2,714 (Only the display for the periods ending dec 2023 \u2192 dec 2024 \u2192 dec 2025 is provided. YoY or other ratios are \u043d\u0435\u0438\u0437\u0432\u0435\u0441\u0442)\nOperating income: 102; \u25b2239; \u25b22,690 (Declining trend over the same period)\nOrdinary income: 88; \u25b2505; \u25b23,048 (Significant negative)","jir_category":"","jir_hashtags":"#Ikuyo, #EVBus, #IRInformation","jir_key_figures":"Target business for acquisition: EV Bus Business\nTransfer execution timing: around November 2026 (planned)\nAcquisition price: to be disclosed after court approval in civil rehabilitation proceedings (unknown)","jir_meta_title":"\u3010Ikuyo\u3011Notice of EV Bus Business Acquisition | August 4, 2026","jir_meta_description":"Ikuyo Co., Ltd. announces the acquisition of EV Motors Japan's EV bus business. Contract date, transfer execution date, and acquisition price are undecided. Impact on FY2027 is under assessment.","jir_og_title":"\u3010Ikuyo\u3011Notice of EV Bus Business Acquisition | August 4, 2026","jir_og_description":"Ikuyo resolves to acquire the EV bus business. Acquisition terms to be disclosed after court approval. Financial impact is under examination.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57637,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-94408","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n