TOKYO, Apr 10 (Pulse News Wire) – Tachi-s CO.,LTD. (7239.T) resolved at its board meeting held on April 10 to acquire shares in newly established TACHI-S TOYO GROUP HOLDINGS CO., LTD.
Through a merger. The acquisition will consolidate assets related to automotive seat and interior businesses from companies within the TOYO H&I group, including Toyo Seat and South Jo Seibi Industry Co., Ltd. This move supports the expansion of TACHI-S' mid-term plan Transformative Value Evolution (TVE). It aims to enhance competitiveness by expanding customer portfolios, enhancing product utilization, optimizing development resources, and broadening business areas. The acquisition is expected to contribute significantly towards achieving the sales target of ¥15.944 billion by fiscal year 2027 and improving shareholder value.
Key details of the transaction include acquiring 200 shares at an estimated cost of ¥1 million. The new holding company's capital will amount to ¥100 million. The share transfer is scheduled to take place on August 3, 2026. The impact on TACHI-S’ performance for the fiscal year ending March 2026 is currently being assessed. Further updates will be disclosed promptly if necessary.
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