Expansion of Overseas Business

「Domestic revenue increased 29.3% from the previous consolidated fiscal year to ¥399.592 billion, while overseas revenue increased 8.7% to ¥259.349 billion.」

「In addition, because the tender offeror has an extensive network of sales offices worldwide, it believes that leveraging its global network, particularly in Southeast Asia, Europe, and North America, where the target company's group is exploring business opportunities, will accelerate the expansion of overseas business through the acquisition of new customers and transactions and contribute to growth in the earnings base.」

「Effective 18 July 2025, as part of our Group's growth strategy, we acquired shares of 協栄産業株式会社, making it a subsidiary after the voting rights ratio reached 54.48%. As a result, 株式会社協栄システム, 協栄マリンテクノロジ株式会社, KYOEI ELECTRONICS SINGAPORE PTE LTD, KYOEI ELECTRONICS HONG KONG LIMITED, KYOEI ELECTRONICS SHANGHAI CO., LTD., and KYOEI ELECTRONICS (THAILAND) CO., LTD. became indirectly owned subsidiaries.」

「Domestic sales decreased 3.4% from the previous consolidated fiscal year to ¥309,158 million, while overseas sales increased 7.2% to ¥238,620 million.」

「Effective 19 October 2023, KAGA(H.K.)ELECTRONICS LIMITED made TAXAN SWE(H.K.)Manufacturing Company Limited (China) a subsidiary by acquiring a 51% interest. As a result, TAXAN-SWE MEXICO MANUFACTURING,S.DE R.L.DE C.V. (Mexico) also became an indirectly owned subsidiary.」

「Effective 1 August 2023, 加賀FEI株式会社 made Candera GmbH (Austria) a wholly owned subsidiary by acquiring its shares from CELSYS,Inc. As a result, Candera America Inc. (United States) also became an indirectly owned subsidiary.」

「Effective 18 May 2023, 加賀アミューズメント株式会社 established KAGA AMUSEMENT AMERICA, INC. locally in the United States as its wholly owned subsidiary.」

「Domestic sales decreased 27.3% from the previous consolidated fiscal year to ¥335,201 million, while overseas sales increased 17.4% to ¥272,863 million.」

「The Company positions “organic growth + new M&A” as its growth engine, and aims to strengthen and expand its overseas and EMS businesses and achieve sales of ¥750 billion and become a top-tier company in Japan's industry in the fiscal year ending March 2025, the final year of the plan.」

「The Company positions “organic growth + new M&A” as its growth engine, and aims to strengthen and expand its overseas and EMS businesses and achieve sales of ¥750 billion and become a top-tier company in Japan's industry in the fiscal year ending March 2025, the final year of the plan.」

「The Company positions “organic growth + new M&A” as its growth engine, and aims to strengthen and expand its overseas and EMS businesses and achieve sales of ¥750 billion and become a top-tier company in Japan's industry in the fiscal year ending March 2025, the final year of the plan.」

「Domestic sales increased 9.6% from the previous consolidated fiscal year to ¥263,415 million, while overseas sales increased 27.6% to ¥232,412 million.」

「In December 2020, we completed construction of a new factory in Hubei Province, China, where the automotive industry is concentrated. In this way, we sought to increase production capacity in Japan and overseas.」

「By sharing our Group's global EMS production base network with Excel, and rolling out and selling our EMS business to Excel's customers, we will further strengthen the profitability of our EMS business.」

「In line with this plan, the Company made Fujitsu Electronics Corporation a Group company in January 2019 and Kaga EMS Towada Corporation, formerly Towada Pioneer Corporation, a Group company in October of the same year. In addition, the new Fukushima plant began operations that October and the second plant in Thailand began operations in December, marking steady progress on measures to achieve the targets set out in the “Medium-Term Management Plan 2021.”」

「KAGA ELECTRONICS(THAILAND) COMPANY LIMITED (Amata Nakorn, Thailand) | Electronic components business | Factory and electrical equipment production facilities | 1,062 | 223 | Internal funds | July 2019 | December 2019」

「In response to customer requests, we expanded overseas production bases and worked to expand our EMS business by developing and strengthening production bases in Japan. Overseas sales increased 29.4% to ¥112,473 million.」

「While expanding overseas production bases in response to customer requests」

「Effective 28 September 2018, the Company established KAGA ELECTRONICS INDIA PRIVATE LIMITED in Gurugram, India, as part of its efforts to develop an EMS base in India and its plan to establish a global EMS base network.」

「Effective 27 April 2018, the Company established KD TEC TURKEY ELECTRONIK SANAYI VE TICARET LIMITED SIRKETI in Düzce, Republic of Turkey, to use it as a sales expansion base for EMS, electronic components and other products in Europe.」

「Amid this environment, our Group adopted “Everything for the Customer” as its management philosophy and focused on activities to expand sales to existing major customers and on expanding its overseas EMS business.」

「Effective 25 July 2017, our consolidated subsidiary KAGA ELECTRONICS (THAILAND) COMPANY LIMITED established KAGA ELECTRONICS (VIETNAM) CO., LTD. in Hung Yen Province, the Socialist Republic of Vietnam, to expand EMS production bases in Southeast Asia.」

「We focused on activities to expand sales to existing major customers and on expanding our overseas business.」

「We actively deployed personnel and worked to expand our business by strengthening bases in East and Southeast Asia, including establishing and expanding EMS business bases in China and Thailand.」

「We focused on expanding our overseas business, but」

「We worked to expand our overseas business, but」

「We worked to expand our overseas business.」