Komori
M&A and Subsidiary Changes5101The Yokohama Rubber Company,LimitedAutomobiles and transportation equipment

Notice Regarding the Transfer of Fixed Assets by a Consolidated Subsidiary

Alliance Tire Company Ltd., a consolidated subsidiary, has entered into an agreement to transfer the land, buildings and other assets of the former Israel OHT plant, which has been closed, with delivery scheduled for 16 April 2026. A gain on the transfer of approximately ¥30 billion is expected to be recognized in the second quarter of the fiscal year ending December 2026, while the transfer price will not be disclosed.

Worth reading
33Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
300
Hundreds of millions of yen
Wording
Conditional
How definitive the wording is.

This transaction

Disposal of Fixed Assets
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceThe transfer price will not be disclosed at the request of the transferee.
Amount of extraordinary income (loss)A gain on the transfer of approximately ¥30 billion, expected to be recognized as other income in the second quarter of the fiscal year ending December 2026.
Impact on Business Performance

The impact on the consolidated earnings forecast for the fiscal year ending December 2026 is currently under review. If a revision is deemed necessary, the company plans to announce it promptly.

This transaction
ItemDetails
Transaction nameDisposal of Fixed Assets
Acquisition priceThe transfer price will not be disclosed at the request of the transferee.
Amount of extraordinary income (loss)A gain on the transfer of approximately ¥30 billion, expected to be recognized as other income in the second quarter of the fiscal year ending December 2026.
Impact on Business PerformanceThe impact on the consolidated earnings forecast for the fiscal year ending December 2026 is currently under review. If a revision is deemed necessary, the company plans to announce it promptly.
Date of board resolution15 April 2026 (local time)
Contract Date15 April 2026 (local time)
Execution Date / Effective DateScheduled for 16 April 2026 (local time)
Items this document does not state (25)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation 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 CompanyExpenses 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 amountValuation 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.

To secure capacity for growth investment while maintaining financial discipline through stable cash flow generation and asset sales, in line with the financial strategy under the medium-term management plan. The transfer will also dispose of idle assets at the former Israel OHT plant, which was closed at the end of December 2024.

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Notice Regarding the Transfer of Fixed Assets by a Consolidated Subsidiary | The Yokohama Rubber Company,Limited (5101) timely disclosure | Komori