Source disclosure: February 09, 2026
FURUKAWA CO.,LTD. [5715.T]
TOKYO, Feb 09 (Pulse News Wire) – Furukawa CO.,LTD. (5715.T) and Kawasaki Heavy Industries, Ltd.
Agreed to transfer all shares of Earth Technica, a subsidiary engaged in crushing machinery operations, in two stages. In the first stage, Furukawa Machinery Metals will acquire approximately 60% of Earth Technica's outstanding shares, followed by the remaining 40% in the second phase. This transaction aims to enhance Furukawa’s industrial machinery division through Earth Technica’s advanced technology and customer trust, boosting productivity and cost competitiveness. Additionally, it aligns with recent environmental protection trends, allowing Earth Technica to expand its environmental business and strengthen overseas operations.
Kawasaki Heavy Industries concluded that merging Earth Technica’s strengths with their own core mining-related mechanical businesses would accelerate growth and benefit both companies. Earth Technica was established on April 15, 1918, and currently holds ¥1.200 billion in capital. The share transfer agreement was approved by both companies' boards, with the initial transfer scheduled for March 31, 2025, and the final transfer planned for April 1, 2026. Earth Technica reported revenues of ¥120 billion, ¥133.6 billion, and ¥133.6 billion for fiscal years ending March 2023, 2024, and 2025, respectively.
The companies expect to disclose further impacts on their performance once regulatory approvals are finalized.
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