Agreements reached under this partnership
DiscontinuationThis indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
The impact of the termination of this capital and business alliance and the sale of the shares in Shinko Shoji Co.,Ltd. held by the Company on the Company's results has been incorporated into the consolidated earnings forecast for the fiscal year ending March 2027, announced on 14 May 2026.
| Item | Details |
|---|---|
| Name of alliance partner | Shinko Shoji Co.,Ltd. |
| Alliance partner's business activities | Electronic components business, assembly business, and other businesses |
| Alliance partner's location | Shinagawa Ward, Tokyo |
| Alliance partner's capital | ¥9,501 million (as of 30 September 2025) |
| Alliance partner's net sales | ¥116,008 million (fiscal year ended March 2025) |
| Alliance partner's operating income | ¥637 million (fiscal year ended March 2025) |
| Type of alliance | Discontinuation |
| Number of shares acquired | 1,550,000 shares (percentage of total shares issued: Not disclosed) |
| Shareholding ratio | 5.12％ → Not disclosed |
| Dispatch of directors and officers | Personnel relationship: No applicable matters. |
| Date of board resolution | 15 May 2026 |
| Contract Date | 15 May 2026 |
| Impact on Business Performance | The impact of the termination of this capital and business alliance and the sale of the shares in Shinko Shoji Co.,Ltd. held by the Company on the Company's results has been incorporated into the consolidated earnings forecast for the fiscal year ending March 2027, announced on 14 May 2026. |
Items this document does not state (10)
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.Kaga Electronics is conducting the tender offer with the objective of making Shinko Shoji Co.,Ltd. a wholly owned subsidiary, and Shinko Shoji Co.,Ltd. has also expressed its support. Accordingly, the Company determined that tendering its shares in the tender offer was reasonable.