Agreements reached under this partnership
Dissolution (termination of the capital and business alliance agreement)- 1
Expansion of sales channels in markets serving traffic management authorities and road administrators
- 2
Expansion of the product lineup
- 3
Collaboration in overseas markets
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
This 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 this matter on our consolidated results is expected to be immaterial. If it becomes clear that this matter will affect our earnings outlook, we will promptly disclose the information.
| Item | Details |
|---|---|
| Name of alliance partner | Nippon Signal Company,Limited |
| Alliance partner's business activities | Manufacture and sale of railway signaling systems, smart mobility systems, AFC systems and R&S systems |
| Alliance partner's location | Chiyoda-ku, Tokyo |
| Alliance partner's capital | ¥10 billion |
| Alliance partner's net sales | ¥114,071 million (fiscal year ending March 2026) |
| Alliance partner's operating income | ¥11,701 million (fiscal year ending March 2026) |
| Type of alliance | Dissolution (termination of the capital and business alliance agreement) |
| Details of the alliance | Expansion of sales channels in markets serving traffic management authorities and road administrators, Expansion of the product lineup, Collaboration in overseas markets |
| Shareholding ratio | Our ownership ratio of Nippon Signal Company,Limited shares: 0.14%; Nippon Signal Company,Limited's ownership ratio of our shares: 3.61% → Not disclosed |
| Dispatch of directors and officers | Personnel relationship: None |
| Shareholding Policy | The two companies will discuss the handling of the shares and proceed with their sale. |
| Date of board resolution | 31 July 2026 |
| Contract Date | 25 August 2015 |
| Alliance start date | 25 August 2015 |
| Impact on Business Performance | The impact of this matter on our consolidated results is expected to be immaterial. If it becomes clear that this matter will affect our earnings outlook, we will promptly disclose the information. |
Items this document does not state (8)
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.In light of changes in the business environment and requests from the capital markets to improve capital efficiency, the two companies determined that dissolving their capital relationship and pursuing business development would contribute to enhancing their corporate value.