Hagiwara Electricity Holdings <7467> announced on the 28th that starting from the fiscal year ending March 2026, they will change the fiscal year of their consolidated subsidiary and unify it with the fiscal year of the parent company.

The reason for the change in fiscal year is to anticipate the global business expansion and the enlargement of group synergy in the future of the company group, aiming to unify the management cycle to expedite decision-making, enhance the efficiency and strength of accounting and management systems, provide timely and appropriate management information to stakeholders, and further enhance the transparency of management.