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M&A and Subsidiary Changes3103UNITIKA LTD.Materials and Chemicals

Notice Regarding the Dissolution of a Subsidiary

The company announced the dissolution of its subsidiary UTC, in which it holds a 100% equity interest. The reason for the dissolution, the expected timing of completion of the liquidation, and the impact on financial results cannot be confirmed from the provided text.

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This transaction

Dissolution of a subsidiary
Disclosing companyUNITIKA LTD.
UTCSubject of this transactionVoting rights ownership percentage Before 100% (after not disclosed)
Date of board resolution6 April 2026
Target company
Share capital 2,800 (unit not specified in the text)Date of incorporation 29 November 2002
Net Sales2,504 (unit not specified in the text; fiscal year ended December 2024)
Operating profit45 (unit not specified in the text; fiscal year ended December 2024)
Net income for the current fiscal year46 (unit not specified in the text; fiscal year ended December 2024)
Net assets319 (unit not specified in the text; fiscal year ended December 2024)
This transaction
ItemDetails
Transaction nameDissolution of a subsidiary
Name of the Subject CompanyUTC
Capital Stock of the Subject Company2,800 (unit not specified in the text)
Date of Establishment of the Subject Company29 November 2002
Net Sales of the Subject Company2,504 (unit not specified in the text; fiscal year ended December 2024)
Operating Profit of the Subject Company45 (unit not specified in the text; fiscal year ended December 2024)
Net Income of the Subject Company46 (unit not specified in the text; fiscal year ended December 2024)
Net Assets of the Subject Company319 (unit not specified in the text; fiscal year ended December 2024)
Voting rights ownership percentageBefore 100% (after not disclosed)
Date of board resolution6 April 2026
Items this document does not state (22)
Counterparty nameBusiness Description of the Subject CompanyLocation 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 periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateExecution Date / Effective DateValuation 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.

The provided text does not state a specific reason for dissolving the subsidiary.

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Notice Regarding the Dissolution of a Subsidiary | UNITIKA LTD. (3103) timely disclosure | Komori