Onono Group announced that it will make Trailhead Global a wholly owned subsidiary to strengthen its capital relationship. Procedures are also under way to make 小野産業 a wholly owned subsidiary of Onono.
Onono Group announced plans to strengthen its capital relationship by making Trailhead Global its wholly owned subsidiary. Trailhead Global is a company listed on the TSE Standard Market, and the move is expected to promote coordination of management resources within the group.
It has also been reported that the group is proceeding with plans to make 小野産業 a wholly owned subsidiary of Onono Group, with the aim of strengthening group-wide control. Publicly disclosed information on the future procedures and the timing of completion of the agreements is limited.