Komori
Nippon Hume (5262) · InitiativeFirst stated

Creating a one-stop foundation construction business through a capital and business alliance with TENOX

First written in FY2021-Q3. . Latest entry: FY2021-Q3.

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Foundation work and ESG cooperation with テノックスA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

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  1. FY2021-Q3First statedAnnual report

    「The company and TENOX CORPORATION (hereinafter, “TENOX”) entered into a business and capital alliance agreement on 11 December 2020, based on resolutions adopted by the respective Boards of Directors, with the aim of building and promoting a long-term alliance to advance cooperation in the foundation business supporting civil engineering and building structures. While respecting each company’s individuality, the alliance is intended to provide one-stop solutions in the foundation business by combining the company’s concrete pile manufacturing and construction technologies with TENOX’s construction technologies for concrete and steel pipe piles and its ground improvement construction technologies, including deep ground improvement and liquefaction countermeasures. The companies also aim to build and promote a long-term alliance through mutual shareholdings.」

    The company entered into a business and capital alliance agreement with TENOX CORPORATION on 11 December 2020. The companies aim to provide one-stop solutions in the foundation business by combining concrete pile manufacturing and construction technologies, pile construction technologies and ground improvement construction technologies. As part of the capital alliance, the company will allocate 117,300 treasury shares, representing 0.40% of issued shares, to TENOX and acquire 110,000 TENOX shares, representing 1.42% of issued shares.
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