Toyo Construction Dissolves Alliance with Maeda Corporation

Toyo Construction Co., Ltd. has announced the dissolution of its capital and business alliance with Maeda Corporation, which began in 2002. This decision follows discussions with Maeda and its parent company, Infroneer Holdings Inc., and is contingent upon the repurchase of shares owned by Maeda. The dissolution will result in Taisei Corporation and Maeda becoming the sole shareholders, affecting stakeholder dynamics and industry positioning. Toyo Construction focuses on civil engineering, architectural projects, and expanding into new business fields and overseas operations.