This transaction
Acquisition of Shares in 錦海化学株式会社 (Making It a Subsidiary)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.
Manufacture and sale of products and intermediate raw materials related to bromine, flame retardants, pharmaceuticals, agrochemicals, photographic sensitizers, dyes and high-performance materials
The impact on consolidated results for the fiscal year ending March 2026 is immaterial. The impact on the consolidated earnings forecast for the fiscal year ending March 2027 is currently under review.
| Item | Details |
|---|---|
| Transaction name | Acquisition of Shares in 錦海化学株式会社 (Making It a Subsidiary) |
| Name of the Subject Company | 錦海化学株式会社 |
| Business Description of the Subject Company | Manufacture and sale of products and intermediate raw materials related to bromine, flame retardants, pharmaceuticals, agrochemicals, photographic sensitizers, dyes and high-performance materials |
| Location of the Subject Company | Setouchi, Okayama Prefecture |
| Capital Stock of the Subject Company | ¥82.5 million |
| Date of Establishment of the Subject Company | September 1961 |
| Voting rights ownership percentage | After 99.90% (before not disclosed) |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending March 2026 is immaterial. The impact on the consolidated earnings forecast for the fiscal year ending March 2027 is currently under review. |
| Execution Date / Effective Date | 31 March 2026 (completed) |
| Management structure after acquisition | 錦海化学株式会社 and the Company's subsidiary マナック株式会社 are scheduled to collaborate and work together. |
Items this document does not state (22)
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.To strengthen the business foundation for high-performance products for electronic materials, semiconductors, pharmaceuticals and other applications by leveraging bromination technology, and to create synergies across the Group through collaboration between 錦海化学株式会社 and マナック株式会社.