Strengthening Power, GX and Engineering Through the Acquisition of Koyo Holdings
First written in FY2025-H1. 1 of 3 entries say "Achieved", first in FY2025. Latest entry: FY2026-H1.
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- FY2026-H1Organizational reorganization through an absorption-type mergerAnnual report
「From the current interim consolidated accounting period, 光陽ホールディングス㈱, a consolidated subsidiary, was eliminated from the scope of consolidation because it ceased to exist as a result of an absorption-type merger in which the consolidated subsidiary 光陽エンジニアリング㈱ was the surviving company.」
Following the conversion of 光陽ホールディングス into a subsidiary, an organizational restructuring was carried out through an absorption-type merger in which 光陽エンジニアリング was the surviving company, and 光陽ホールディングス was removed from the scope of consolidation. - FY2025AchievedAnnual report
「The Company aims to strengthen various engineering fields, including power, GX, telecommunications, electrical, civil engineering, and construction, by integrating the advanced power technologies and electrical engineering personnel of 光陽ホールディングス株式会社 with the resources of the Group and jointly promoting high-value-added businesses, thereby accelerating the active expansion of the full-value『みらいドメイン』business.」
Regarding 光陽ホールディングス, following the acquisition of 70% in July 2024, the Company acquired 100% of the voting rights on 16 December 2024 and completed its conversion into a subsidiary to strengthen its engineering businesses, including power and GX. - FY2025-H1First statedAnnual report
「The Company aims to strengthen various engineering fields, including power, GX, telecommunications, electrical, civil engineering, and construction, by integrating the advanced power technologies and electrical engineering personnel of 光陽ホールディングス株式会社 with the resources of the Group and jointly promoting high-value-added businesses, thereby accelerating the active expansion of the full-value『みらいドメイン』business.」
On 1 July 2024, the Company acquired a 70.0% voting rights interest in 光陽ホールディングス and made it a consolidated subsidiary at an acquisition cost of ¥6,300 million. The Company plans to acquire a 100% voting rights interest in December 2024 and aims to strengthen its power, GX, telecommunications, electrical, civil engineering, and construction businesses by leveraging its advanced power technologies and electrical engineering personnel.