Cosel Corrects English Notice on Planned Sale of Powerbox Subsidiary

Cosel Co., Ltd. ( (JP:6905) ) just unveiled an announcement.

Cosel has issued a corrected English version of its earlier notice on the planned transfer of all shares in its consolidated subsidiary Powerbox International AB to SCUR-Alpha 820 GmbH, a special purpose vehicle indirectly invested in by HYPAX GmbH. The revisions clarify the transaction date as May 20, 2026, adjust financial figures and exchange-rate periods, refine descriptions of capital, personnel and loan relationships with Powerbox, and confirm the schedule for completing the share transfer in August 2026, while indicating that any further material developments will be disclosed promptly.

The company also corrected specific wording in the title and several sections to eliminate translation inconsistencies, including details on voting rights, seconded employees and the handling of revised loan agreements with Powerbox after the divestment. These corrections are intended to ensure accurate disclosure for investors and other stakeholders as Cosel reshapes its group structure through the sale of Powerbox, potentially affecting its international power-supply operations and financial reporting profile.

The most recent analyst rating on (JP:6905) stock is a Hold with a Yen1200.00 price target. To see the full list of analyst forecasts on Cosel Co., Ltd. stock, see the JP:6905 Stock Forecast page.

More about Cosel Co., Ltd.

Cosel Co., Ltd. is a Japan-based manufacturer of power supply products, listed on the Tokyo Stock Exchange Prime Market under securities code 6905. The company develops and sells power solutions for industrial and electronic applications, and operates globally through subsidiaries such as Powerbox International AB to serve diversified OEM and infrastructure markets.

Average Trading Volume: 151,679

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen54.29B

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