Source disclosure: February 17, 2026
WITZ Corporation [4440.T]
TOKYO, Feb 17 (Pulse News Wire) – WITZ Corporation (4440.T) announced today that its board of directors decided to acquire all shares of AG Control Systems Co., Ltd., making it a subsidiary. The acquisition aims to enhance the group's technological capabilities and expand into various industries beyond agriculture.
AG Control Systems specializes in developing and selling laser and GPS technology-based machine control systems for agricultural field leveling. Its advanced GPS sensing technology offers high precision, aligning well with societal needs and expected future growth. By integrating AG Control Systems' expertise with WITZ’s software implementation skills, the company plans to deepen automation solutions in agriculture while applying the technology to construction machinery operation, infrastructure maintenance, and disaster relief terrain analysis.
Key details of AG Control Systems include a capital of ¥9.8 million and establishment on December 11, 2015. The company reported total assets of ¥455.7 million, operating profit of ¥116.6 million, ordinary profit of ¥116.6 million, and net profit of ¥76.8 million for the fiscal year ending June 2025. The transaction involves acquiring 176 shares at a total cost of ¥555 million, with the share transfer scheduled for March 2, 2026.
This move is anticipated to slightly impact WITZ's consolidated performance for the August 2026 fiscal year but could lead to significant advancements in their technological portfolio and broader industry applications.
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