This transaction
Acquisition of Gennex Group Shares and Conversion into a SubsidiaryThe 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.
Sale of electronic components and semiconductor components
As Gennex Group's results are scheduled to be reflected in the company's consolidated results only in the fourth quarter of the fiscal year ending March 2027, the impact of this share acquisition on the company's consolidated results for the fiscal year ending March 2027 is expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | Acquisition of Gennex Group Shares and Conversion into a Subsidiary |
| Name of the Subject Company | GENNEX SINGAPORE PTE. LTD., ACTON TECHNOLOGY PTE. LTD., GENNEX INTERNATIONAL PTE. LTD., GENNEX TECHNOLOGY MALAYSIA SDN. BHD. |
| Business Description of the Subject Company | Sale of electronic components and semiconductor components |
| Location of the Subject Company | Singapore, Malaysia |
| Net Sales of the Subject Company | Fiscal year ended December 2025: US$43.1 million (¥6,872 million) |
| Number of shares acquired | 100% of issued shares (number of shares and voting rights: not disclosed) |
| Voting rights ownership percentage | After 100% (before not disclosed) |
| Impact on Business Performance | As Gennex Group's results are scheduled to be reflected in the company's consolidated results only in the fourth quarter of the fiscal year ending March 2027, the impact of this share acquisition on the company's consolidated results for the fiscal year ending March 2027 is expected to be immaterial. |
| Execution Date / Effective Date | 8 October 2026 (completion of share acquisition) |
| Management structure after acquisition | The representative is Ichikawa Masatsugu (市川雅胤). The remaining 3 companies are scheduled to be integrated into the Group sequentially after an organizational reorganization. Treatment of employees: not disclosed |
Items this document does not state (22)
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.The company aims to expand its sales channels through cross-selling, taking advantage of the limited overlap in the products handled, make mutual use of Gennex Group's sales network and the Group's bases and customer base in India and the ASEAN region, and accelerate business expansion in overseas markets.