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M&A and Subsidiary Changes5803Fujikura Ltd.Iron & Steel, Nonferrous Metals

Notice Regarding a Change in a Specified Subsidiary (Share Transfer)

We have decided to transfer to the joint investor a total 60% ownership interest in the target company held by us and our wholly owned subsidiary. Upon completion of the transfer, the target company is expected to cease being our consolidated subsidiary and specified subsidiary.

Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
60
% (total ownership interest transferred)
Wording
Conditional
How definitive the wording is.

This transaction

This transfer of equity interests
CounterpartyFiberHome Telecommunication Technologies Co., Ltd.
Disclosing companyFujikura Ltd.
Fujikura FiberHome Optical Materials Technology Co., Ltd.Voting rights ownership percentage

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.

TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company

Research and development, manufacture and sale of preforms for optical fiber

Location Wuhan, Hubei Province, ChinaShare capital USD 90 millionDate of incorporation 8 May 2009
Net SalesRMB 338.1 million (fiscal year ended December 2025)
Operating profitRMB 21.5 million (fiscal year ended December 2025)
Net income for the current fiscal yearRMB 44.1 million (fiscal year ended December 2025)
Net assetsRMB 833.7 million (fiscal year ended December 2025)
Consideration and expenses
Acquisition priceOur portion: RMB 333.49 million (approximately ¥7,971.65 million); Fujikura (China) Co., Ltd. portion: RMB 166.75 million (approximately ¥3,985.83 million)
Type of ConsiderationCash (stated as the transfer price)
Impact on Business Performance

The impact of this ownership interest transfer on our consolidated earnings is minor.

This transaction
ItemDetails
Transaction nameThis transfer of equity interests
Counterparty nameFiberHome Telecommunication Technologies Co., Ltd.
Name of the Subject CompanyFujikura FiberHome Optical Materials Technology Co., Ltd.
Business Description of the Subject CompanyResearch and development, manufacture and sale of preforms for optical fiber
Location of the Subject CompanyWuhan, Hubei Province, China
Capital Stock of the Subject CompanyUSD 90 million
Date of Establishment of the Subject Company8 May 2009
Net Sales of the Subject CompanyRMB 338.1 million (fiscal year ended December 2025)
Operating Profit of the Subject CompanyRMB 21.5 million (fiscal year ended December 2025)
Net Income of the Subject CompanyRMB 44.1 million (fiscal year ended December 2025)
Net Assets of the Subject CompanyRMB 833.7 million (fiscal year ended December 2025)
Acquisition priceOur portion: RMB 333.49 million (approximately ¥7,971.65 million); Fujikura (China) Co., Ltd. portion: RMB 166.75 million (approximately ¥3,985.83 million)
Type of ConsiderationCash (stated as the transfer price)
Voting rights ownership percentageBefore Our company: 40%; Fujikura (China) Co., Ltd.: 20% (total: 60%) → after Our company: 0%; Fujikura (China) Co., Ltd.: 0% (total: 0%)
Impact on Business PerformanceThe impact of this ownership interest transfer on our consolidated earnings is minor.
Contract Date10 July 2026
Execution Date / Effective DateLate September 2026 (予定)
Items this document does not state (15)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionValuation 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.

We and the joint investor agreed to the transfer because we reached a shared understanding that the joint venture had fulfilled a certain role.

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 a Change in a Specified Subsidiary (Share Transfer) | Fujikura Ltd. (5803) timely disclosure | Komori