This transaction
Full-scale entry into the defense equipment market and establishment of Terra Defense, a U.S. subsidiaryThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Import and export of defense assets, technology partnerships, and logistics operations
This matter is reflected in the full-year consolidated earnings forecast for the fiscal year ending January 2027. Expenses related to this matter are expected to be included in the ¥600 million total investment in entering new business areas and investment in human resources included in that forecast.
| Item | Details |
|---|---|
| Transaction name | Full-scale entry into the defense equipment market and establishment of Terra Defense, a U.S. subsidiary |
| Name of the Subject Company | Terra Defense (planned) |
| Business Description of the Subject Company | Import and export of defense assets, technology partnerships, and logistics operations |
| Location of the Subject Company | United States |
| Capital Stock of the Subject Company | Capital contribution: Undecided |
| Date of Establishment of the Subject Company | During FY2026 (scheduled) |
| Expenses other than the acquisition price | Expenses related to this matter are expected to be included in the ¥600 million total investment in entering new business areas and investment in human resources. The specific amount and details have not yet been determined. |
| Voting rights ownership percentage | After 100% (planned; capital contribution ratio) (before not disclosed) |
| Impact on Business Performance | This matter is reflected in the full-year consolidated earnings forecast for the fiscal year ending January 2027. Expenses related to this matter are expected to be included in the ¥600 million total investment in entering new business areas and investment in human resources included in that forecast. |
| Date of board resolution | 23 March 2026 |
| Execution Date / Effective Date | Business launch date: 23 March 2026 (today). Establishment of the U.S. subsidiary: during fiscal 2026 (planned) |
| Management structure after acquisition | Name: Terra Defense (planned). Representative: Undecided. Capital contribution ratio: Terra Drone株式会社 100% (planned). Employee treatment: Not disclosed |
Items this document does not state (20)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company aims to contribute to building the next-generation defense infrastructure and enhance corporate value over the medium to long term by leveraging its practical experience in operating drones cultivated in various parts of the world to provide low-cost, high-performance defense assets. It will also establish the U.S. subsidiary to build a rapid and flexible supply system to meet international defense needs.