Tokyu Construction invests $4.5m more in Guam arm, now a specified subsidiary

Tokyu Construction Co., Ltd. announced on November 27, 2025, that it will make an additional investment of $4,500 thousand into its consolidated subsidiary, TC Pacific Construction, LLC, a construction business operating in Guam. This investment, scheduled for December 18, 2025, aims to stabilize the subsidiary's financial and operational foundation and ensure the completion of ongoing construction projects.

Following this additional capital injection, TC Pacific Construction's total investment amount will reach $14,500 thousand as of November 27, 2025. This increased investment will result in the subsidiary's reclassification as a "specified subsidiary" for Tokyu Construction, as the total investment will now constitute 10% or more of the parent company's capital. Tokyu Construction will maintain a 100% equity stake in TC Pacific Construction, with existing relationships including the dispatch of three employees and provision of loans.

The company anticipates that this matter will have a minimal impact on its consolidated business results. TC Pacific Construction's financial performance showed net assets of $947 thousand and net sales of $15,191 thousand for the fiscal year ending December 2024.