Source disclosure: January 15, 2026
Hybrid Technologies Co.,Ltd. [4260.T]
TOKYO, Jan 15 (Pulse News Wire) – Hybrid Technologies CO.,LTD. (4260.T) announced today that its board of directors, held, resolved to acquire all shares of MCP35 Corporation (subsidiary: Groove System Corporation).
As a result, Groove System Corporation will become a subsidiary of Hybrid Technologies, while MCP35 Corporation will become a grandchild subsidiary. This acquisition aims to leverage the client base of both companies centered around major SI firms to enhance mutual engineer supply and project handling capabilities. Additionally, it seeks to strengthen group-wide efforts in engineer training and recruitment activities through shared know-how and optimal resource allocation. By integrating PMI expertise and management systems from Hybrid Technologies into Groove System, the move also supports sustainable growth and enhances overall SES business competitiveness within the group.
In related developments, MCP35 Corporation was established in February 2025 with capital of ¥50,000. Its recent financial performance shows total assets of ¥137 million and net sales of ¥4 million for the fiscal year ending November 30, 2025. Meanwhile, Groove System Corporation, founded in May 2005, reported total assets of ¥511 million and net sales of ¥962 million for the same period. The share purchase agreement was signed, with the transaction expected to close on January 16, 2026.
The company stated that it is currently assessing the impact on its current fiscal year's performance and will disclose further significant developments promptly.
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