Corporate development

TAKAOKA TOKO CO., LTD.

Apr-12 TAKAOKA ELECTRIC MFG. CO., LTD. and TOKO ELECTRIC CORPORATION signed a basic agreement to establish a wholly owning holding company. Under the agreement, the two companies decided to transfer all shares in the two companies to the holding company.
May-12 TAKAOKA ELECTRIC MFG. CO., LTD. and TOKO ELECTRIC CORPORATION signed a contract, under which they agreed to establish a wholly owning holding company and transfer all shares in the two companies to the holding company. The two companies also mapped out a share transfer plan for the establishment of the holding company.
Jun-12 TAKAOKA ELECTRIC MFG. CO., LTD. and TOKO ELECTRIC CORPORATION passed resolutions at their respective general meetings of shareholders to establish a wholly owning holding company by transferring all shares in the two companies to the holding company.
Oct-12 TAKAOKA TOKO HOLDINGS CO., LTD. (currently TAKAOKA TOKO CO., LTD.) was established and listed on the First Section of the Tokyo Stock Exchange.
Nov-13 TAKAOKA ELECTRIC MFG. CO., LTD. acquired shares in Reliance Electric Limited., making it a consolidated subsidiary.
Dec-13 TAKAOKA TOKO HOLDINGS CO., LTD. decided at a Board of Directors meeting to acquire TAKAOKA ELECTRIC MFG. CO., LTD. and TOKO ELECTRIC CORPORATION to merge with them on April 1, 2014. The acquisition contract was signed.
Apr-14 TAKAOKA TOKO HOLDINGS CO., LTD. acquired TAKAOKA ELECTRIC MFG. CO., LTD. and TOKO ELECTRIC CORPORATION and merged with them on April 1, 2014. Changed the company name to TAKAOKA TOKO CO., LTD.
Moved its head office to 6-36, 5-chome Toyosu, Koto-ku, Tokyo
(Former location: 2-20, 3-chome Toyosu, Koto-ku, Tokyo)
Jul-14 Completed construction of a smart meter production plant (assembly & warehouse buildings) in Hasuda, Saitama Pref.
Oct-14 Took over the replacement business of expired electricity meters as well as all associated operations from Tokyo Keiki Kogyo Co., Ltd.
Jun-15 Toko Koun Corporation changed its company name to WATT LINE SERVICE Co., Ltd.
Jan-17 Established Metering Business Division to integrate sales and production functions of the metering business.
Jun-17 Established TOKO TAKAOKA KOREA CO., LTD., a South Korean joint venture for gas-insulated instrument transformers.
Nov-17 Sold all shares in Reliance Electric Limited.
Jun-19 Acquired shares in Applied Technical Systems Joint Stock Company, a company headquartered in Hanoi, Socialist Republic of Vietnam, making it an affiliated company accounted for by the equity method.
Jun-20 Transitioned from a company with company auditors to a company with audit and supervisory committee.
Apr-21 Toshiba Toko Meter Systems Co., Ltd. acquired and merged with TMT Co., Ltd.
Oct-21 Acquired and merged with UQUEST, LTD.
Apr-21 Transitioned from the First Section to the Prime Market segment due to the revision of the market classification of the Tokyo Stock Exchange.
Jun-22 Established the GX Solution Business Division to provide versatile solutions toward the realization of carbon neutrality.
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