2025/02/07
Announcement Regarding Our Group Stock Transfer
7th February, 2025
To Whom It May Concern
Announcement Regarding Our Group Stock Transfer
Dear Sirs,
We would like to express our gratitude for the continued success of your company.
And we highly appreciate your continued support.
Now we would like to announce that our major issue, “business succession”, has solved as transferring our group stock to Mabuchi Motor Co., Ltd. and to be its subsidiary.
We are the group companies with high-precision plastic gear, that has both mold and molding technologies, and able to propose most appropriate gear solution to customer ensured by an extensive experience cultivated more than 70 years since its foundation and to provide one stop service from initial development to mass production in global level.
The gear products, enable multi-axis transmission and speed change of the rotational motion generated by motors, can be more value-added solution by optimal unit design together with motor and gear. By leveraging our global one-stop gear capability, as a member of the Mabuchi Motor Group, we will strive to provide the best “movement” solution to customer.
Please note that even after such transaction; previous debit/credit condition has no change.
Detail of transferred company:
Name of Company: Mabuchi Motor Co., Ltd
Representative: Tohru TAKAHASHI, Representative Director and President
Scheduled date of transfer:
Estimated closing of this transaction is scheduled on April 1, 2025