On November 5, Ikuyo Co., Ltd. announced that it had signed a memorandum of understanding (MoU) with Master Automotive, a Fukuoka-based company that sells EV buses from a Taiwanese manufacturer, to explore a business partnership aimed at promoting EV buses in Japan. Ikuyo will discuss participating in and investing i
On October 14, Ikuyo Co., Ltd. announced that it had signed a memorandum of understanding (MOU) with Jiangsu Skywell Automobile Co., Ltd. (Skywell Auto), headquartered in Jiangsu, China, to discuss investments and joint business development in automotive-related fields. The companies will discuss Ikuyo’s entry into a
Ikuyo Co., Ltd. announced on August 4 that its board of directors had resolved to acquire the EV bus business of EV Motors Japan Co., Ltd., which is undergoing civil rehabilitation proceedings. The agreement is scheduled to be signed on August 10, with the business transfer expected to be completed around November. T
On July 6, Ikuyo announced that it had entered into a memorandum of understanding (MOU) for a business alliance regarding participation in and investment in the distributed energy storage battery business operated by Noah Construction. Through this alliance, Ikuyo will utilize the know-how and business foundation pos
Ikuyo Co., Ltd. (Ikuyo) announced on June 17 that it will increase its stake in Kasai Kogyo Co., Ltd. (Kasai Kogyo). The company stated on April 22 that it planned to raise its ownership of Kasai Kogyo to approximately 15% by the end of September 2026, but has now revised its target upward to approximately 29%.
Ikuy
Ikuyo Co., Ltd. (Ikuyo) announced on June 9 that its subsidiary Tamadai Co., Ltd. (Tamadai) will collaborate with SHINTO Holdings, Inc. (SHINTO Holdings), a company engaged in metal and plastic recycling, on the joint production of recycled aluminum alloy ingots. The contract is scheduled to be signed on June 13, 202
On October 29, Ikuyo Co., Ltd. announced that it will transition to a holding company structure by means of a company split. The method of transition will be a company split (absorption-type split), and in order to smoothly proceed with the organizational transition, the company will establish a split preparation com
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