Komori
M&A and Subsidiary Changes5185Fukoku Co.,Ltd.Automobiles and transportation equipment

Notice Regarding the Transfer of Business Between Consolidated Subsidiaries, Dissolution and Liquidation in Connection with the Establishment of an Indonesian Business Structure

TRIM’s automotive hose business and related production facilities will be transferred to FTR, another consolidated subsidiary. TRIM will then be dissolved and liquidated.

Worth reading
55In focus
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
—
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Wording
Conditional
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This transaction

Acquisition of the Business
Counterparty株式会社フコク東海ゴムインドネシア (PT.FUKOKU TOKAI RUBBER INDONESIA)
Disclosing companyFukoku Co.,Ltd.
株式会社トリムラバー (PT.TRIM RUBBER)Subject of this transaction
Date of board resolution19 June 2026
Execution Date / Effective DateBusiness transfer: during fiscal 2026; completion of liquidation: 2030 (scheduled)
Target company

Manufacture and sale of hoses

Location West Java, IndonesiaShare capital US$2.55 millionDate of incorporation November 2012
Net Sales¥338 million (fiscal year ended December 2025)
Operating profit¥51 million (fiscal year ended December 2025)
Net income for the current fiscal year¥37 million (fiscal year ended December 2025)
Net assets¥110 million (fiscal year ended December 2025)
Consideration and expenses
Amount of extraordinary income (loss)The loss is immaterial (amount recognized as an extraordinary loss and quarter of recognition: Not disclosed)
Impact on Business Performance

As this is an organizational restructuring within the Company’s consolidated group, the impact on consolidated results will be immaterial.

Procedures and assumptions
Management structure after acquisitionTRIM’s business will be transferred to FTR, and TRIM will be dissolved and liquidated. Changes to the corporate name, changes to the representative, and the treatment of employees: Not disclosed
This transaction
ItemDetails
Transaction nameAcquisition of the Business
Counterparty name株式会社フコク東海ゴムインドネシア (PT.FUKOKU TOKAI RUBBER INDONESIA)
Name of the Subject Company株式会社トリムラバー (PT.TRIM RUBBER)
Business Description of the Subject CompanyManufacture and sale of hoses
Location of the Subject CompanyWest Java, Indonesia
Capital Stock of the Subject CompanyUS$2.55 million
Date of Establishment of the Subject CompanyNovember 2012
Net Sales of the Subject Company¥338 million (fiscal year ended December 2025)
Operating Profit of the Subject Company¥51 million (fiscal year ended December 2025)
Net Income of the Subject Company¥37 million (fiscal year ended December 2025)
Net Assets of the Subject Company¥110 million (fiscal year ended December 2025)
Amount of extraordinary income (loss)The loss is immaterial (amount recognized as an extraordinary loss and quarter of recognition: Not disclosed)
Impact on Business PerformanceAs this is an organizational restructuring within the Company’s consolidated group, the impact on consolidated results will be immaterial.
Date of board resolution19 June 2026
Execution Date / Effective DateBusiness transfer: during fiscal 2026; completion of liquidation: 2030 (scheduled)
Management structure after acquisitionTRIM’s business will be transferred to FTR, and TRIM will be dissolved and liquidated. Changes to the corporate name, changes to the representative, and the treatment of employees: Not disclosed
Items this document does not state (16)
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 acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountContract 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.

TRIM is considered too small and limited in its potential for future expansion. The Company will pursue organizational restructuring in Indonesia to further expand the scale of its operations and improve profitability through the selection and concentration of its businesses.

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 the Transfer of Business Between Consolidated Subsidiaries, Dissolution and Liquidation in Connection with the Establishment of an Indonesian Business Structure | Fukoku Co.,Ltd. (5185) timely disclosure | Komori