Worth reading
58In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
37989829147
Japanese yen (book value of property distributed as a dividend)Wording
Conditional
How definitive the wording is.This transaction
This spin-offDisclosing companyResonac Holdings Corporation
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Execution Date / Effective Date1 October 2026 (effective date and completion date)
Target company
Petrochemicals business
Impact on Business Performance
The impact is currently under review. The Company will promptly disclose any matters requiring disclosure.
| Item | Details |
|---|---|
| Transaction name | This spin-off |
| Name of the Subject Company | Crasus Chemical Inc. |
| Business Description of the Subject Company | Petrochemicals business |
| Voting rights ownership percentage | After 18.57％ (before not disclosed) |
| Impact on Business Performance | The impact is currently under review. The Company will promptly disclose any matters requiring disclosure. |
| Execution Date / Effective Date | 1 October 2026 (effective date and completion date) |
Items this document does not state (26)
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 acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract 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 purpose or reason for the transaction itself is not stated. Following completion, the Company will account for the loss of control under IFRS 10.
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.