Worth reading
59In focus
Scored from 1 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
0.085
Distribution asset ratioWording
Avoiding a definitive answer
How definitive the wording is.This transaction
This spin-offDisclosing companyResonac Holdings Corporation
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Petrochemicals business
| Item | Details |
|---|---|
| Transaction name | This spin-off |
| Name of the Subject Company | Crasus Chemical Inc. |
| Business Description of the Subject Company | Petrochemicals business |
| Date of board resolution | 25 August 2026 |
| Execution Date / Effective Date | 1 October 2026 (scheduled) |
Items this document does not state (27)
Counterparty nameLocation 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 periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract 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 distribution asset ratio is a coefficient required to calculate the tax basis of the company's common shares immediately after the spin-off and the common shares of クラサスケミカル distributed as a dividend in kind. Based on the administrative procedures established by the Japan Securities Dealers Association and the National Federation of Shareholders' Affairs Associations, the company announced the estimated ratio as of 2 weeks before the effective date.
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.