Ryoyo Ryosan Holdings,Inc. [167A.T]
TOKYO, Apr 02 (Pulse News Wire) – LyoSan Heiyō (167A.T) announced that its subsidiary, formed through the merger of LyoSan and Heiyō Electronics Co., received notice from major trading partner Renesas Electronics Corp. regarding the termination of their exclusive dealership agreement.
As of now, there is no agreement reached between the two companies. The subsidiary, located at Tokyo, Chiyoda Ku Higashikanda Ni Choume 3-5, engages in semiconductor sales and manufacturing, along with IT equipment distribution and system construction.
In the fiscal year ending March 2025, Renesas accounted for ¥84.18 billion of the consolidated revenue, with transactions involving procurement and sales totaling 23.4%. Regarding future outlook, the company stated it would disclose any impact on its fiscal year ending March 2026 and beyond once further information becomes available.
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