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Other Disclosures7318SERENDIP HOLDINGS Co.,Ltd.Automobiles and transportation equipment

PMI in practice: Mitsuiya Kogyo and Excel scheduled to be integrated into SerenAC in April 2027

The company reiterated its plan to integrate Mitsuiya Kogyo and Excel into SerenAC through an absorption-type merger effective 1 April 2027. It also outlined its policy of combining the PMI practices implemented at Mitsuiya Kogyo with the technical, production and development functions of both companies.

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Announced details

MPS system; automotive parts business centered on plastic molding
Applicable field (uses covered by this announcement)

Automotive parts, automotive interior and exterior components, synthetic resin products

Launch date1 April 2027 (scheduled effective date of the absorption-type merger)
Relationship between the counterparty and the company
SERENDIP HOLDINGS Co.,Ltd.7318
Relationship with the Company

Mitsuiya Kogyo, Excel and SerenAC are all group companies. Mitsuiya Kogyo and Excel are scheduled to be integrated into SerenAC.

CounterpartyMitsuiya Kogyo Co., Ltd., Excel Co., Ltd., SerenAC Co., Ltd. (SerenAC)

Mitsuiya Kogyo Co., Ltd.: Sancho, Toyota, Aichi Prefecture; established in February 1948; manufactures automotive interior and exterior components. Excel Co., Ltd.: Kyobashi, Chuo-ku, Tokyo; established in February 1970; develops, manufactures and sells automotive-related components and synthetic resin products. SerenAC: a consolidated subsidiary of the company.

Award/certification name

Ministry of Economy, Trade and Industry DX Selection

Awarding / certifying body

Ministry of Economy, Trade and Industry

Location (as indicated in this announcement)

3-1 Sancho, Toyota, Aichi Prefecture (Mitsuiya Kogyo); 2-10-2 Kyobashi, Chuo-ku, Tokyo (Excel)

Impact on Business Performance

The company stated that it aims to strengthen its ability to make proposals to customers and accelerate growth in the automotive parts business. The specific amount is Not disclosed.

The company does not address Contract Value / Offering price.

Source (materials cited by the company)

Presentation materials for the 30 October 2026 M&A and Business Succession Symposium

Announced details
ItemDetails
Names of Products / Services CoveredMPS system; automotive parts business centered on plastic molding
CounterpartyMitsuiya Kogyo Co., Ltd., Excel Co., Ltd., SerenAC Co., Ltd. (SerenAC)
Counterparty overviewMitsuiya Kogyo Co., Ltd.: Sancho, Toyota, Aichi Prefecture; established in February 1948; manufactures automotive interior and exterior components. Excel Co., Ltd.: Kyobashi, Chuo-ku, Tokyo; established in February 1970; develops, manufactures and sells automotive-related components and synthetic resin products. SerenAC: a consolidated subsidiary of the company.
Relationship with the CompanyMitsuiya Kogyo, Excel and SerenAC are all group companies. Mitsuiya Kogyo and Excel are scheduled to be integrated into SerenAC.
Launch date1 April 2027 (scheduled effective date of the absorption-type merger)
Applicable areaAutomotive parts, automotive interior and exterior components, synthetic resin products
Award/certification nameMinistry of Economy, Trade and Industry DX Selection
Awarding / certifying bodyMinistry of Economy, Trade and Industry
Location3-1 Sancho, Toyota, Aichi Prefecture (Mitsuiya Kogyo); 2-10-2 Kyobashi, Chuo-ku, Tokyo (Excel)
Impact on Business PerformanceThe company stated that it aims to strengthen its ability to make proposals to customers and accelerate growth in the automotive parts business. The specific amount is Not disclosed.
SourcePresentation materials for the 30 October 2026 M&A and Business Succession Symposium
Items this document does not state (7)
Contract ValueOffering priceContract DateRegistration number and expiry dateLocation scaleQuantitative EffectsUsage history

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 combine the two companies' technical, production and development functions around their shared plastic molding technology, thereby strengthening their ability to make proposals to customers and accelerating growth in the automotive parts business through roll-up M&A.

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PMI in practice: Mitsuiya Kogyo and Excel scheduled to be integrated into SerenAC in April 2027 | SERENDIP HOLDINGS Co.,Ltd. (7318) timely disclosure | Komori