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M&A and Subsidiary Changes4188Mitsubishi Chemical Group CorporationMaterials and Chemicals

Notice Regarding a Change in a Specified Subsidiary

The Company acquired a Spanish home healthcare services company through NSHD and completed the acquisition of its shares on 3 March 2026. Following the acquisition, the company changed its name to “Nippon Sanso Homecare España, S.L.U.” and was found to qualify as a specified subsidiary of the Mitsubishi Chemical Group.

Worth reading
38Recurring
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Direction
Neutral
Direction inferred from the company’s description.
Scale
35.7
€ millions (capital stock)
Wording
Definitive
How definitive the wording is.

This transaction

Acquisition (share acquisition)
CounterpartyCorporación Químico-Farmacéutica Esteve, Teijin Holdings Europe BV
Disclosing companyMitsubishi Chemical Group Corporation
Nippon Sanso Homecare España, S.L.U. (former name: Esteve Teijin Healthcare, S.L.)Voting rights ownership percentage

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 Date3 March 2026 (completion of share acquisition procedures)
Target company

Home healthcare services business

Location Spain (Barcelona)Share capital €35.7 millionDate of incorporation February 2009
Net Sales€40 million (fiscal year ended December 2024)
Operating profit€3 million (fiscal year ended December 2024)
Net income for the current fiscal year€2 million (fiscal year ended December 2024)
Net assets€36 million (fiscal year ended December 2024)
Impact on Business Performance

The acquisition is reflected in the full-year consolidated earnings forecast for the fiscal year ending March 2026, announced on 5 February 2026.

Procedures and assumptions
Management structure after acquisitionThe company changed its name to “Nippon Sanso Homecare España, S.L.U.” The representative is Director Justin Corcho (Mr.). Employee treatment: not disclosed
This transaction
ItemDetails
Transaction nameAcquisition (share acquisition)
Counterparty nameCorporación Químico-Farmacéutica Esteve, Teijin Holdings Europe BV
Name of the Subject CompanyNippon Sanso Homecare España, S.L.U. (former name: Esteve Teijin Healthcare, S.L.)
Business Description of the Subject CompanyHome healthcare services business
Location of the Subject CompanySpain (Barcelona)
Capital Stock of the Subject Company€35.7 million
Date of Establishment of the Subject CompanyFebruary 2009
Net Sales of the Subject Company€40 million (fiscal year ended December 2024)
Operating Profit of the Subject Company€3 million (fiscal year ended December 2024)
Net Income of the Subject Company€2 million (fiscal year ended December 2024)
Net Assets of the Subject Company€36 million (fiscal year ended December 2024)
Voting rights ownership percentageAfter 100%(Oximesa S.L.U.) (before not disclosed)
Impact on Business PerformanceThe acquisition is reflected in the full-year consolidated earnings forecast for the fiscal year ending March 2026, announced on 5 February 2026.
Execution Date / Effective Date3 March 2026 (completion of share acquisition procedures)
Management structure after acquisitionThe company changed its name to “Nippon Sanso Homecare España, S.L.U.” The representative is Director Justin Corcho (Mr.). Employee treatment: not disclosed
Items this document does not state (17)
Acquisition 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 Execution

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 acquisition of the shares, the Company reviewed the target company’s past capital transactions and found that its capital stock amounted to at least 10% of the Company’s capital stock, meaning that it qualified as a specified subsidiary.

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.
Notice Regarding a Change in a Specified Subsidiary | Mitsubishi Chemical Group Corporation (4188) timely disclosure | Komori