Source disclosure: February 09, 2026

Kawasaki Heavy Industries,Ltd. [5715.T]

TOKYO, Feb 09 (Pulse News Wire) – Kawasaki Heavy Industries,ltd. (5715.T) and Furukawa Kogyo Co.

Have agreed to transfer shares of Earth Technica, a subsidiary focused on crushing machinery, in two stages. In the first stage, Furukawa Kogyo will acquire approximately 60% of Earth Technica's outstanding shares, followed by the remaining 40% in the second phase. The initial agreement was approved by both companies' boards on February 09, 2026, with the first share transfer scheduled for March 31, 2025, and the final transfer planned for April 01, 2026. Earth Technica, established on April 15, 1918, specializes in construction materials, waste recycling, and pharmaceutical equipment.

The transaction aims to enhance Furukawa Kogyo’s industrial machinery division through improved technology, productivity, and customer service. Additionally, the deal aligns with recent environmental protection trends, allowing Earth Technica to expand its environmental business and strengthen overseas operations. Furukawa Kogyo plans to integrate Earth Technica into its core mechanical business, leveraging synergies to boost overall performance and meet customer demands more effectively. The capital investment and operational details remain undisclosed but were determined based on a valuation by independent experts.

Further impacts on both companies’ earnings will be disclosed once clear data becomes available.

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