Stanley Electric Co.,Ltd. [6923.T]
TOKYO, Apr 23 (Pulse News Wire) – Stanley Electric CO.,LTD. (6923.T) completed the acquisition of Ishikawa Denki Co., Ltd., making it a wholly-owned subsidiary.
Ishikawa Denki, headquartered at Kioh Toho-Nihonbashi Building, 1-1-7, specializes in developing, manufacturing, and selling various light sources, lighting fixtures, optical and environmental equipment, and related solutions. As of March 31, 2025, the company had a capital of ¥6.934 billion.
Established on August 18, 1944, Ishikawa Denki's major shareholder holds 100% percent of its shares. The impact of this acquisition on Stanley Electric’s consolidated performance is currently being assessed.
Any significant developments will be disclosed promptly.
🟢 Confidence: High AI-translated content.