Joint Venture Agreement Signed for Establishment of DG Takashima Co., Ltd. to Promote Digital Grid Technology | DG Capital Group Co., Ltd.

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Joint Venture Agreement Signed for Establishment of DG Takashima Co., Ltd. to Promote Digital Grid Technology

Joint Venture Agreement Signed for Establishment of DG Takashima Co., Ltd. to Promote Digital Grid Technology

We are pleased to announce that DG Power System Co., Ltd., a subsidiary of DG Capital Group Co., Ltd. (CEO Rikiya Abe, COO Masaru Shinkai), has signed a joint venture agreement with Takashima Co., Ltd. (TSE Code: 8007, Prime Market), to establish DG Takashima Co., Ltd. as a platform for promoting digital grid technology. The new venture will be led by Masaru Shinkai as President and Takayuki Minami as Executive Vice President.

Outline of the Joint Venture

Name DG Takashima Co., Ltd.
Location AE2-7-2 Distribution Bldg. A, Tokyo Ryutsu Center, 6-1-1 Heiwajima, Ota-ku, Tokyo
Representatives President: Masaru Shinkai (DG Capital Group Co., Ltd.)
Executive Vice President: Takayuki Minami (Takashima Co., Ltd.)
Directors Masaki Fujii (DG Capital Group Co., Ltd.)
Akira Yamamoto (Takashima Co., Ltd.)
Business Activities Manufacturing and sales of Digital Grid Routers (DGR)
Capital JPY 10 million
Establishment Date August 31, 2024 (Planned)
Fiscal Year-End September 30 (Consolidated under DG Capital Group)
Equity Share DG Power System Co., Ltd.: 51%, Takashima Co., Ltd.: 49%

Overview of Joint Venture Partner

Name Takashima Co., Ltd. (TSE Code: 8007, Prime Market)
Head Office Chiyoda-ku, Tokyo
Representative Koichi Takashima
Founded 1915
Capital JPY 3.8 billion
Website https://www.tak.co.jp
Business Activities Wholesale of building materials, industrial materials, electronics, and devices
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