This transaction
This transfer of equity interestsThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Textile finishing and processing
The impact of this equity interest transfer on our consolidated results is currently under review.
| Item | Details |
|---|---|
| Transaction name | This transfer of equity interests |
| Counterparty name | Rifinizione B.P. s.r.l. |
| Name of the Subject Company | Rifinizione Delfino S.r.l. |
| Business Description of the Subject Company | Textile finishing and processing |
| Location of the Subject Company | Italy（Montemurlo – PRATO） |
| Capital Stock of the Subject Company | EUR10,330 |
| Date of Establishment of the Subject Company | April 1980 |
| Net Sales of the Subject Company | Fiscal year ended December 2025: EUR 2,568,114 (¥434.011 million) |
| Operating Profit of the Subject Company | Fiscal year ended December 2025: EUR 62,701 (¥10.596 million) |
| Net Income of the Subject Company | Fiscal year ended December 2025: EUR 31,298 (¥5.289 million) |
| Net Assets of the Subject Company | Fiscal year ended December 2025: EUR 78,199 (¥14.414 million) |
| Acquisition price | EUR 1,320,000 (approximately ¥244 million) |
| Expenses other than the acquisition price | Advisory fees (estimate): EUR 62,280 (approximately ¥11 million) |
| Type of Consideration | Cash |
| Voting rights ownership percentage | Before 100％ → after 0％ |
| Impact on Business Performance | The impact of this equity interest transfer on our consolidated results is currently under review. |
| Date of board resolution | 8 July 2026 |
| Contract Date | 14 July 2026 (予定) |
| Execution Date / Effective Date | 14 July 2026 (予定) |
Items this document does not state (13)
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.In addition to a decline in made-to-order production volumes due to changes in market conditions and customer demand, the company has continued to report operating losses, while manufacturing costs have risen as a result of higher energy prices and labor costs, making it difficult to foresee an improvement in profitability. From the perspectives of restructuring our business portfolio, optimally allocating management resources, and enhancing the corporate value of our group, we have determined that the transfer of the equity interest is the most reasonable course of action.