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M&A and Subsidiary Changes5451YODOKO,Ltd.Iron & Steel, Nonferrous Metals

Notice Regarding the Termination of the Basic Agreement for the Transfer of Equity Interests in a Consolidated Subsidiary and Change in the Prospective Transferee

The Company terminated the memorandum of understanding for the transfer of its interest in YSS Co. to 上海秦恒国際貿易有限公司 and discontinued discussions with that company. The Company is currently discussing the transfer of all or part of the interest with another prospective transferee.

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Wording
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This transaction

Transfer of all or part of the interest in YSS Co.
Counterparty上海秦恒国際貿易有限公司, Another prospective transferee (name undisclosed)
Disclosing companyYODOKO,Ltd.
淀川盛餘(合肥)高科技鋼板有限公司Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Amount of extraordinary income (loss)Gain on sale of shares in an affiliated company (consolidated): amount Not disclosed, expected to be recognized in the fiscal year ending March 2027
Impact on Business Performance

The impact of the consolidated gain on sale of shares in an affiliated company has already been reflected in the earnings forecast for the fiscal year ending March 2027. The amount is Not disclosed.

This transaction
ItemDetails
Transaction nameTransfer of all or part of the interest in YSS Co.
Counterparty name上海秦恒国際貿易有限公司, Another prospective transferee (name undisclosed)
Name of the Subject Company淀川盛餘(合肥)高科技鋼板有限公司
Amount of extraordinary income (loss)Gain on sale of shares in an affiliated company (consolidated): amount Not disclosed, expected to be recognized in the fiscal year ending March 2027
Impact on Business PerformanceThe impact of the consolidated gain on sale of shares in an affiliated company has already been reflected in the earnings forecast for the fiscal year ending March 2027. The amount is Not disclosed.
Date of board resolution11 May 2026
Contract Date28 January 2026 (memorandum of understanding with 上海秦恒国際貿易有限公司)
Items this document does not state (25)
Business 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 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 amountExecution Date / Effective 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.

Following a comprehensive assessment of 上海秦恒国際貿易有限公司's financial condition, responsiveness and other factors during the negotiations, the Company determined that not proceeding with the transfer to that company was reasonable and would serve the interests of the Company's and YSS Co.'s stakeholders.

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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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Termination of the Basic Agreement for the Transfer of Equity Interests in a Consolidated Subsidiary and Change in the Prospective Transferee | YODOKO,Ltd. (5451) timely disclosure | Komori