TOKYO, Mar 26 (Pulse News Wire) – Saxa,inc. (6675.T) announced plans to invest in five key properties aimed at enhancing operational efficiency and supporting its growth strategy across four major business areas.
The investments, totaling approximately ¥10.39 billion, include acquisitions and renovations in Yokohama, Sapporo, Hachinohe, and Yonezawa. In Yokohama, the company will create an innovation center by acquiring land and buildings, expected to cost around ¥4 billion. The facility will support product development and enhance research capabilities, addressing current limitations in experimental environments. In Sapporo, SAXA will acquire land to consolidate operations and improve collaboration among various functions within the group, aiming to reduce costs and increase efficiency.
Additionally, the company will expand facilities in Hachinohe to centralize operations and strengthen human capital investment. In Yonezawa, SAXA will purchase lands and buildings owned by Sakusa Techno Co., Ltd. and Soar Corporation to integrate production and logistics activities, fostering synergy and boosting manufacturing competitiveness. These strategic moves align with SAXA's mid-term plan review and aim to optimize resource allocation, drive sustainable growth, and maximize shareholder value.
Expected savings from reduced rental expenses and improved infrastructure are projected to amount to ¥1.500 billion, ¥2 billion, ¥2.406 billion, and ¥3 billion in fiscal years ending March 2027 through 2030, respectively.
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