TOKYO, Jun 23 (Pulse News Wire) – Nisso Group CO.,LTD. (3440.F) announced today that its board of directors had approved the transfer of all shares held in subsidiary Dairitsu Co., Ltd.
To Kogyō Industry Co., Ltd. The transaction is scheduled to take place on June 26, 2026. As a result, NISSO GROUP anticipates recording special gains from the sale of related company shares during the fiscal year ending August 2026. Dairitsu, known for manufacturing custom-made air conditioning dampers, was acquired by NISSO GROUP in March 2018. However, considering future growth opportunities, the group decided to deepen ties with larger manufacturer Kogyō Industry.
Dairitsu's capital stock stands at ¥50 million and was established on May 20, 1961. The company’s recent operating profit stood at ¥192 million for the fiscal year ended June 2025. Kogyō Industry, based in Chūō Ward, Nagoya City, was founded on June 20, 1956. Its capital stock is ¥100 million. With this transfer, NISSO GROUP expects to record a special gain of ¥1.715 billion in its individual performance for the fiscal year ending August 2026.
The impact on consolidated results will be disclosed in the interim report due on October 15, 2026.
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