Castrico Becomes Subsidiary of NFK Holdings After Share Buyout

TOKYO, Jun 24 (Pulse News Wire) – Castrico CO.,LTD. (6695.T) announced that it became a subsidiary of NFK Holdings through a share buyout initiated by NFK Holdings on March 31, 2026.

As of June 24, 2026, NFK Holdings acquired 52.06% of Castrico's shares, making it the parent company. NFK Holdings operates businesses related to industrial furnace combustion equipment, electronics, and other sectors. Castrico is positioned within the group as a company focused on electronics-related operations.

Castrico appointed one director from NFK Holdings to provide comprehensive advice on management matters but maintains independence in operational decision-making due to regulations preventing conflicts of interest. As of June 24, 2026, there are no significant business transactions, monetary loans, guarantees, or similar relationships between Castrico and NFK Holdings. This ensures Castrico retains autonomy in its day-to-day operations while benefiting from strategic guidance.

Additionally, Castrico’s board includes Director Yukizo Katoh, who was recruited from NFK Holdings based on his extensive experience in management roles across various companies.