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Dissolution of a subsidiaryDisclosing companyUNITIKA LTD.
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)
| Item | Details |
|---|---|
| Transaction name | Dissolution of a subsidiary |
| Name of the Subject Company | UTC |
| Capital Stock of the Subject Company | 2,800 (unit not specified in the text) |
| Date of Establishment of the Subject Company | 29 November 2002 |
| Net Sales of the Subject Company | 2,504 (unit not specified in the text; fiscal year ended December 2024) |
| Operating Profit of the Subject Company | 45 (unit not specified in the text; fiscal year ended December 2024) |
| Net Income of the Subject Company | 46 (unit not specified in the text; fiscal year ended December 2024) |
| Net Assets of the Subject Company | 319 (unit not specified in the text; fiscal year ended December 2024) |
| Voting rights ownership percentage | Before 100% (after not disclosed) |
| Date of board resolution | 6 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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