Completion of the transfer of the wholly owned subsidiary's shares (change in subsidiary status), and recognition of extraordinary gain and extraordinary loss
Tokuyama Corporation, トクヤマセメント株式会社
Domestic cement and soil stabilizer sales businesses
The absorption-type company split became effective and the transfer of all shares of トクヤマセメント株式会社 was completed. The extraordinary gain and loss were calculated taking into account the transfer consideration, carrying amount on a consolidated basis, related expenses and other factors.
The Company expects to recognize an extraordinary gain of approximately ¥30.5 billion as a gain on the transfer and an extraordinary loss of approximately ¥12.0 billion as an impairment loss.
The consolidated accounting period for the third quarter of the fiscal year ending March 2027
The impact on the full-year consolidated earnings forecasts for the fiscal year ending March 2027 is currently under review. If a revision to the earnings forecasts becomes necessary, the Company will disclose it separately without delay.
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
100.0% (voting rights ownership before the change; reference date: Not disclosed)
0.0%, 0 shares (1 October 2026)
Related procedures
Absorption-type company split and transfer of subsidiary shares
The estimated amounts of the extraordinary gain and extraordinary loss may change depending on the progress of the closing procedures and other factors. If a revision to the earnings forecasts becomes necessary, the Company will disclose it separately without delay.
| Item | Details |
|---|---|
| Event name | Completion of the transfer of the wholly owned subsidiary's shares (change in subsidiary status), and recognition of extraordinary gain and extraordinary loss |
| Date of occurrence | 1 October 2026 (effective date of the absorption-type company split and completion date of the share transfer) |
| Date recognized / date notice received | 1 October 2026 (date on which the share transfer was completed) |
| Subject Entity | Tokuyama Corporation, トクヤマセメント株式会社 |
| Target Locations / Products | Domestic cement and soil stabilizer sales businesses |
| Cause | The absorption-type company split became effective and the transfer of all shares of トクヤマセメント株式会社 was completed. The extraordinary gain and loss were calculated taking into account the transfer consideration, carrying amount on a consolidated basis, related expenses and other factors. |
| Amount of Impact on Business Performance | The Company expects to recognize an extraordinary gain of approximately ¥30.5 billion as a gain on the transfer and an extraordinary loss of approximately ¥12.0 billion as an impairment loss. |
| Accounting period in which recognized | The consolidated accounting period for the third quarter of the fiscal year ending March 2027 |
| Impact on Earnings Forecast | The impact on the full-year consolidated earnings forecasts for the fiscal year ending March 2027 is currently under review. If a revision to the earnings forecasts becomes necessary, the Company will disclose it separately without delay. |
| Type of litigation or proceeding | Absorption-type company split and transfer of subsidiary shares |
| Voting rights ownership percentage before the change | 100.0% (voting rights ownership before the change; reference date: Not disclosed) |
| Voting rights ownership percentage after the change | 0.0%, 0 shares (1 October 2026) |
| Outlook | The estimated amounts of the extraordinary gain and extraordinary loss may change depending on the progress of the closing procedures and other factors. If a revision to the earnings forecasts becomes necessary, the Company will disclose it separately without delay. |
| Planned follow-up disclosure | If a revision to the earnings forecasts becomes necessary, the Company will disclose it separately without delay. |
Items this document does not state (11)
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.Following the effective date of the absorption-type company split and completion of the share transfer, the amounts were calculated based on the transfer consideration of ¥37.0 billion, taking into account the carrying amount on a consolidated basis, related expenses and other factors.