Komori
M&A and Subsidiary Changes2503Kirin Holdings Company,LimitedFood

(Update on Disclosed Matter) Completion of the Transfer of the Interest in Four Roses

The transfer of all equity interests in Four Roses Distillery, LLC to E. & J. Gallo Winery was completed on 1 April 2026. The transfer is expected to result in at least approximately ¥29 billion being recorded in the Company's consolidated results as other operating income, although the final amount is still under review.

Worth reading
44Recurring
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
290
Approximately ¥29 billion (at least)
Wording
Conditional
How definitive the wording is.

This transaction

Transfer of Equity Interests in Four Roses
CounterpartyE. & J. Gallo Winery
Disclosing companyKirin Holdings Company,Limited
Four Roses Distillery, LLCSubject of this transactionNumber of shares acquired All equity interests in Four Roses Distillery, LLCVoting rights ownership percentage Transfer of all equity interests completed
TimelineThe spacing between the points is proportional to the actual number of days.
Impact on Business Performance

At least approximately ¥29 billion is expected to be recorded as other operating income. The final amount of the impact is currently under review.

This transaction
ItemDetails
Transaction nameTransfer of Equity Interests in Four Roses
Counterparty nameE. & J. Gallo Winery
Name of the Subject CompanyFour Roses Distillery, LLC
Number of shares acquiredAll equity interests in Four Roses Distillery, LLC
Voting rights ownership percentageTransfer of all equity interests completed
Impact on Business PerformanceAt least approximately ¥29 billion is expected to be recorded as other operating income. The final amount of the impact is currently under review.
Contract DateAnnounced on 6 February 2026 (the contract execution date itself is Not disclosed)
Execution Date / Effective Date1 April 2026 (U.S. Pacific Time)
Items this document does not state (24)
Business Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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.

To report the completion of the equity interest transfer and its estimated impact on the Company's consolidated results. The document does not explain the purpose or background of the transfer.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
(Update on Disclosed Matter) Completion of the Transfer of the Interest in Four Roses | Kirin Holdings Company,Limited (2503) timely disclosure | Komori