TOKYO, Mar 13 (Pulse News Wire) – Sunny Side Up Group Inc. (218A.T) resolved to enter into a capital alliance agreement with three companies—Japan Hummu, Nishiu Kon, and Kansei Industry—and issue new shares through a third-party allotment.
The move aims to enhance cooperation and promote the widespread adoption of drone technology and DX solutions in infrastructure inspection. Under the capital alliance, Sunny Side Up Group will collaborate with Japan Hummu, which specializes in concrete products and sewer infrastructure maintenance; Nishiu Kon, a water management consultancy firm; and Kansei Industry, a nationwide sewer maintenance provider. Additionally, the group will strengthen its relationship with Yamada Shōsha, a long-standing partner in gas and water infrastructure projects. These alliances aim to accelerate the integration of data-driven solutions across various stages of infrastructure maintenance and inspection, fostering innovation and improving operational efficiency. The issuance of new shares will solidify these partnerships, ensuring sustained growth and mutual benefit.
Key stakeholders and holding ratios were disclosed, showing major shareholders such as Mizuho Trust Bank and The Hong Kong and Shanghai Banking Corporation Limited. As of January 31, 2026, the total number of outstanding shares was 18,959,900. The new share issuance will increase the total by 657,800, scheduled for payment on March 31, 2026. Financial highlights included recent operating profits of ¥1.236 billion, ¥1.381 billion, and ¥2 million for fiscal years ending March 2023, 2024, and 2025, respectively. The company also reported net income per share of ¥68.12, ¥79.91, and ¥129.93 for those same periods.
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