Worth reading
44Recurring
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.This transaction
Completion of liquidation of subsidiaryDisclosing companyMEC COMPANY LTD.
Execution Date / Effective Date6 March 2026 (date of completion of liquidation)
Target company
Sale of chemicals for printed circuit boards
Location Hong Kong Special Administrative Region of the People's Republic of ChinaShare capital HK$4.5 millionDate of incorporation March 1996
Impact on Business Performance
The completion of the subsidiary's liquidation will have no impact on our consolidated results.
| Item | Details |
|---|---|
| Transaction name | Completion of liquidation of subsidiary |
| Name of the Subject Company | MEC(HONG KONG)LTD. |
| Business Description of the Subject Company | Sale of chemicals for printed circuit boards |
| Location of the Subject Company | Hong Kong Special Administrative Region of the People's Republic of China |
| Capital Stock of the Subject Company | HK$4.5 million |
| Date of Establishment of the Subject Company | March 1996 |
| Impact on Business Performance | The completion of the subsidiary's liquidation will have no impact on our consolidated results. |
| Execution Date / Effective Date | 6 March 2026 (date of completion of liquidation) |
Items this document does not state (24)
Counterparty nameNet 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)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 subsidiary had already been excluded from the scope of consolidation because its significance declined after it distributed its remaining assets in the previous consolidated fiscal year. Accordingly, the completion of its liquidation will have no impact on our consolidated results.
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.