Announced details
Expected to contribute to an increase in the tradable share ratio, improved market liquidity and a broader investor base (quantitative impact Not disclosed)
The capital relationship is expected to be fully dissolved through this sale. The companies intend to maintain and develop their good business relationship and cooperative framework as important business partners going forward.
UACJ's second-largest shareholder. According to UACJ, it was the parent company of 古河スカイ株式会社. Location, representative, capital, year founded and business activities: Not disclosed.
No impact on the Company's business operations or performance
The company does not address Contract Value / Offering price.
| Item | Details |
|---|---|
| Counterparty | Furukawa Electric Co.,Ltd. (listed company, securities code 5801) |
| Counterparty overview | UACJ's second-largest shareholder. According to UACJ, it was the parent company of 古河スカイ株式会社. Location, representative, capital, year founded and business activities: Not disclosed. |
| Relationship with the Company | The capital relationship is expected to be fully dissolved through this sale. The companies intend to maintain and develop their good business relationship and cooperative framework as important business partners going forward. |
| Launch date | Sale planned (specific date Not disclosed) |
| Quantitative Effects | Expected to contribute to an increase in the tradable share ratio, improved market liquidity and a broader investor base (quantitative impact Not disclosed) |
| Impact on Business Performance | No impact on the Company's business operations or performance |
Items this document does not state (12)
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.This is part of efforts to reduce and eliminate cross-shareholdings in line with the intent of the Corporate Governance Code.