TOKYO, Mar 13 (Pulse News Wire) – SUNNY SIDE UP GROUP Inc. (218A.T) sealed a capital business tie-up agreement and issued new shares through a private placement to several key partners.
The company allocated a total of 657,800 ordinary shares (representing 3.47% of its outstanding ordinary shares) at a price of ¥1,612 per share based on the closing price on March 12, 2026. The total subscription amount was ¥1.060 billion. Participating companies include Nippon Hyume Co., Ltd. (Japanese pipe infrastructure maintenance), Niwatec Co., Ltd. (water infrastructure planning and design), Kankoseikogyo Co., Ltd.
(national wastewater pipeline maintenance services), and Yamada Shokai Co., Ltd. (infrastructure construction). Payment is due on March 31, 2026. This strategic move accelerates the social implementation of indoor and narrow space inspection technologies, leveraging the expertise of industry leaders. The partnership aims to overcome entry barriers and ensure long-term commitment, fostering continuous improvement and joint development across technology, operations, and sales.
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