This transaction
Dissolution and liquidation of a specified subsidiaryHolding Company
The impact of this matter on the results for the current consolidated fiscal year is expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | Dissolution and liquidation of a specified subsidiary |
| Name of the Subject Company | KOSHIDAKA INTERNATIONAL PTE.LTD. |
| Business Description of the Subject Company | Holding Company |
| Location of the Subject Company | Singapore |
| Capital Stock of the Subject Company | SGD 21,300 thousand |
| Date of Establishment of the Subject Company | 22 November 2013 |
| Net Sales of the Subject Company | SGD 12 thousand (fiscal year ended June 2025) |
| Operating Profit of the Subject Company | SGD 5 thousand (fiscal year ended June 2025) |
| Net Income of the Subject Company | (SGD 132 thousand) (fiscal year ended June 2025) |
| Net Assets of the Subject Company | SGD 1,323 thousand (fiscal year ended June 2025) |
| Voting rights ownership percentage | Before 100% (after not disclosed) |
| Amount of extraordinary income (loss) | Loss associated with the dissolution: expected to be JPY 0. Impairment losses and allowances for doubtful accounts have already been recognized in the financial results for prior fiscal years and through the second quarter of the current fiscal year. |
| Impact on Business Performance | The impact of this matter on the results for the current consolidated fiscal year is expected to be immaterial. |
| Date of board resolution | 16 June 2026 |
| Execution Date / Effective Date | The dissolution and completion of the liquidation are expected to take place once the procedures required under local laws and regulations have been completed (no specific date provided). |
| Conditions Precedent to Execution | Completion of the procedures required under local laws and regulations. |
| Management structure after acquisition | The oversight functions have already been fully transferred to KOSHIDAKA INTERNATIONAL KL SDN. BHD., which was established in Malaysia in June 2021. |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.KOSHIDAKA SINGAPORE PTE. LTD. completed its liquidation procedures last year, and the oversight functions have been fully transferred to KOSHIDAKA INTERNATIONAL KL SDN. BHD., which was established in Malaysia in June 2021. Accordingly, the Company will dissolve and liquidate KOSHIDAKA INTERNATIONAL PTE. LTD.