TOKYO, Mar 10 (Pulse News Wire) – Technologies,inc. (5248.T) announced today that it has postponed the implementation of its business partnership with Eco Leather, a subsidiary, and Hai Fan.
Originally disclosed on July 15, 2025, the companies had previously delayed the start of their collaboration due to ongoing discussions and negotiations. Eco Leather, established on October 29, 2013, focuses on industrial solar power generation, maintenance services for solar equipment, electricity sales, and real estate transactions. Its capital stands at ¥100 million. Meanwhile, Hai Fan, headquartered at Aichi, Nagoya Shi Nakamura Ku Meieki4-15-15, engages in renewable energy resource-based power plant development, electricity generation, and restaurant operations.
With a capital of ¥2.311 billion, Hai Fan was founded on May 14, 2003. Both companies continue to engage in constructive dialogue towards realizing the partnership. They will provide updates once a clear timeline emerges. At present, the impact on Technologies,inc.'s consolidated performance remains minor.
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