This transaction
Acquisition of Shares in EMG Power Electric S.r.l. (Making It a Consolidated Subsidiary)The 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.
Design and manufacture of transformers and reactors
EMG's profit or loss is scheduled to be included in the Company's consolidated profit or loss from the fourth quarter of the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Transaction name | Acquisition of Shares in EMG Power Electric S.r.l. (Making It a Consolidated Subsidiary) |
| Name of the Subject Company | EMG Power Electric S.r.l. |
| Business Description of the Subject Company | Design and manufacture of transformers and reactors |
| Location of the Subject Company | Italy |
| Number of shares acquired | 80% of shares (number of shares and voting rights: Not disclosed) |
| Voting rights ownership percentage | After 80％ (before not disclosed) |
| Impact on Business Performance | EMG's profit or loss is scheduled to be included in the Company's consolidated profit or loss from the fourth quarter of the fiscal year ending March 2027. |
| Execution Date / Effective Date | 29 October 2026 (completion of acquisition, Italy time) |
| Management structure after acquisition | The CEO position at EMG changed from Filippo Galastri to Marco Puliti. Co-founder and former president Filippo Galastri will continue participating in business operations as Managing Director. |
Items this document does not state (23)
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.To position EMG as a core base for medium-voltage dry-type transformer technology and, by leveraging its integrated capabilities from design through manufacturing and its ability to flexibly accommodate customer specifications, strengthen competitiveness in high-value-added markets in the medium-voltage segment of the large transformer and reactor business and expand its technological foundation.