Ikuyo Approves Third-Party Equity Increase for Subsidiary

TOKYO, Jul 29 (Pulse News Wire) – Ikuyo CO.,LTD. (7273.T) approved a third-party equity increase for its wholly-owned subsidiary, Ikuyo Automotive Co., Ltd., at a board meeting held on November 26, 2025.

The move involves issuing up to ¥5 billion ordinary shares with a minimum subscription price of ¥1 million per share. Additionally, the company agreed to conclude a comprehensive subscription agreement with NIHA Corporation for 500 ordinary shares, payable on March 30, 2027, raising capital by ¥250 million.

Following the transaction, IKUYO's stake in Ikuyo Automotive will decrease from 10,000 to 10,000 ordinary shares, while NIHA Corporation will hold 500 ordinary shares, increasing their voting rights to 4.7%. The funds raised will support advancements in automotive technology, investments in emerging sectors such as crypto assets and robotics, and preparations for a potential US listing.

The company also noted that further details on the remaining ¥4.500 billion equity issuance framework will be disclosed once concrete conditions are determined.