Komori
Other Disclosures8154KAGA ELECTRONICS CO.,LTD.Trading & Wholesale

Notice Regarding an Investment in Highlanders Co., Ltd.

Kaga Electronics made an equity investment in Highlanders, a developer of robotics and physical AI, and acquired an equity stake. Going forward, Kaga Electronics plans to participate in the sale of Highlanders' robot products by leveraging its sales network and customer base.

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Announced details

Humanoid Robot N (Enu)Four-Legged Robot HLQ Edge
Applicable field (uses covered by this announcement)
ManufacturingLogisticsSocial InfrastructureResearch and Development
Relationship between the counterparty and the company
KAGA ELECTRONICS CO.,LTD.8154
Relationship with the Company

Kaga Electronics made an equity investment in Highlanders and acquired an equity stake. Going forward, Kaga Electronics plans to participate in the sale of the various robot products mass-produced by Highlanders by leveraging the Kaga Electronics Group's sales network and customer base.

CounterpartyHighlanders

The representative director and CEO is Masuoka Hiroya (増岡宏哉). Its head office is located on the 3rd floor of the Mimosa Building, 2-11-10 Minami-Otsuka, Toshima-ku, Tokyo, and its development facility is the Higashi-Tokorozawa Plant in Tokorozawa, Saitama. Established on 10 May 2023, the company is a University of Tokyo startup engaged in the research and development of products related to physical AI and robotics, the development and manufacture of humanoid and four-legged robots, and the development of AI software.

Location (as indicated in this announcement)

3rd floor, Mimosa Building, 2-11-10 Minami-Otsuka, Toshima-ku, Tokyo, Higashi-Tokorozawa Plant (Tokorozawa, Saitama)

Impact on Business Performance

The company aims to further expand the business operations of the Group and enhance corporate value, but has not disclosed a specific amount for the impact on financial results.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredHumanoid Robot N (Enu), Four-Legged Robot HLQ Edge
CounterpartyHighlanders
Counterparty overviewThe representative director and CEO is Masuoka Hiroya (増岡宏哉). Its head office is located on the 3rd floor of the Mimosa Building, 2-11-10 Minami-Otsuka, Toshima-ku, Tokyo, and its development facility is the Higashi-Tokorozawa Plant in Tokorozawa, Saitama. Established on 10 May 2023, the company is a University of Tokyo startup engaged in the research and development of products related to physical AI and robotics, the development and manufacture of humanoid and four-legged robots, and the development of AI software.
Relationship with the CompanyKaga Electronics made an equity investment in Highlanders and acquired an equity stake. Going forward, Kaga Electronics plans to participate in the sale of the various robot products mass-produced by Highlanders by leveraging the Kaga Electronics Group's sales network and customer base.
Applicable areaManufacturing, Logistics, Social Infrastructure, Research and Development
Location3rd floor, Mimosa Building, 2-11-10 Minami-Otsuka, Toshima-ku, Tokyo, Higashi-Tokorozawa Plant (Tokorozawa, Saitama)
Impact on Business PerformanceThe company aims to further expand the business operations of the Group and enhance corporate value, but has not disclosed a specific amount for the impact on financial results.
Items this document does not state (11)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocation scaleQuantitative EffectsUsage historySource

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 support the implementation of physical AI and robotics technologies in society, help address social issues such as labor shortages and the need to improve productivity in manufacturing, logistics, social infrastructure, and research and development, expand the next-generation robotics market, broaden business operations, and enhance corporate value.

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Notice Regarding an Investment in Highlanders Co., Ltd. | KAGA ELECTRONICS CO.,LTD. (8154) timely disclosure | Komori