News

SERENDIP HOLDINGS Co., Ltd., our parent company, resolved at its Board of Directors meeting on November 18, 2025, to transfer the shares of Mitsuiya Kogyo Co., Ltd. to Serendip SPC No. 1 Co., Ltd., its wholly-owned subsidiary, through a share exchange.

Additionally, it was decided that following the completion of the share exchange, the trade name of SPC No. 1 will be changed to “Serendip Automotive Co., Ltd.”

Through this reorganization, Serendip Automotive Co., Ltd. will function as an intermediate holding company overseeing both our company (Excell Corporation) and Mitsuiya Kogyo Co., Ltd. Through the integration of both companies' resin molding technologies and development and production systems, we will drive the creation of synergies across the entire group and enhance competitiveness in the automotive parts sector.

We kindly ask for your continued support of Excell Corporation.

URL for November 18th, 2025 IR Information of SERENDIP HOLDINGS Co., Ltd.

The five Excell group companies in Japan will undergo an absorption-type merger by August 1, 2025, with Excell Corporation as the continuing company, and Excell Holdings Co., Ltd., Excell MFG Co., Ltd., Excell Engineering Co., Ltd. and Excell Logistics Co., Ltd. as disappearing companies.

We are pleased to announce that Gota Nakagawa has resigned as President and Representative Director as of 18 June 2025 and Naoki Takahashi has been appointed President and Representative Director.

Thai Excell MFG Co., Ltd. received 2024 Regional Quality Award from Mitsubishi Motors (Thailand) Co., Ltd. (MMTh).

This award is given to companies among suppliers of Mitsubishi Motors (Thailand) Co., Ltd. (MMTh) that have made efforts in quality control. Our quality improvement activities received a high evaluation.

We will continue to put efforts into quality management to supply reliable products to our customers.

Dalian Excell MFG Co.,Ltd. received 2024 Quality Achievement Award from GAC Toyota Motor Co., Ltd., which is a joint venture between Guangzhou Automobile Group Co., Ltd. and Toyota Motor Corporation.

This award is given to companies among suppliers of GAC Toyota Motor Co., Ltd. that have made efforts in quality control. Our quality improvement activities received a high evaluation.

We will continue to put efforts into quality management to supply reliable products to our customers.

Excell USA, Inc. has expanded its plant to accommodate business expansion.

We will continue to strive for a stable supply of high-quality products.