TOKYO, Jun 17 (Pulse News Wire) – Kasai Kogyo CO.,LTD. (7256.T) acknowledged today that Ikuyo Corp.
Plans to make additional share purchases until its holding ratio reaches approximately 29%. The decision was made during a special board meeting scheduled for June 16, 2026. Ikuyo Corp.
Has approached Kasai Kogyo with alliance proposals and business collaboration suggestions; however, Kasai Kogyo stated there is currently no agreement or endorsement from their side. The company emphasized its commitment to enhancing enterprise value and achieving mutual benefits for shareholders while maintaining a cautious stance due to potential impacts on operational strategies and stock liquidity should Ikuyo's holdings reach around 29%. Kasai Kogyo’s management stressed the importance of carefully navigating such developments to ensure alignment with long-term strategic goals and shareholder interests.
🟢 Confidence: High AI-translated content.