Agreements reached under this partnership
Capital and Business Alliance- 1
Strengthening both parties' construction capabilities through mutual cooperation in the development and utilization of construction personnel, including construction management engineers, chief engineers and other qualified personnel
- 2
Further strengthening both parties' ability to handle large-scale projects and other projects requiring advanced capabilities through mutual cooperation to improve their personnel's technical and practical skills
- 3
Joint development of new products, goods and services through the mutual utilization of both parties' products, goods and technologies
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 capital and business alliance and the share acquisition on the consolidated results of operations for the fiscal year ending March 2027 will be immaterial.
| Item | Details |
|---|---|
| Name of alliance partner | OTEC CORPORATION |
| Alliance partner's business activities | Design, construction and maintenance of automatic control systems, and the sale of plumbing and mechanical materials and environment-related equipment |
| Alliance partner's location | Chiyoda-ku, Tokyo |
| Alliance partner's capital | ¥599.4 million (as of 31 March 2026) |
| Alliance partner's net sales | ¥33,722 million (fiscal year ended March 2026) |
| Alliance partner's operating income | ¥5,084 million (fiscal year ended March 2026) |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | Strengthening both parties' construction capabilities through mutual cooperation in the development and utilization of construction personnel, including construction management engineers, chief engineers and other qualified personnel, Further strengthening both parties' ability to handle large-scale projects and other projects requiring advanced capabilities through mutual cooperation to improve their personnel's technical and practical skills, Joint development of new products, goods and services through the mutual utilization of both parties' products, goods and technologies |
| Number of shares acquired | 2,387,000 shares (voting rights ownership ratio: 15.25%) |
| Acquisition price | ¥7,161 million (¥3,000 per share) |
| Shareholding ratio | 4.79％ → 20.04％（From 4.79% to 20.04% based on voting rights ownership ratio） |
| Date of board resolution | 26 October 2026 |
| Contract Date | 26 October 2026 |
| Share Acquisition Date and Payment Date | Early November 2026 (予定) |
| Impact on Business Performance | The impact of this capital and business alliance and the share acquisition on the consolidated results of operations for the fiscal year ending March 2027 will be immaterial. |
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.To strengthen the parties' construction and engineering capabilities and solution offerings, promote the development and utilization of construction personnel, improve both parties' technical and practical skills, enhance their ability to handle complex projects, and jointly develop new products, goods and services, thereby achieving sustainable growth and enhancing corporate value over the medium to long term.