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

Notice Regarding Change in Consolidated Subsidiary (Share Transfer)

Fujikura entered into an agreement to transfer all shares of its consolidated subsidiary, 藤倉商事, to INABA DENKISANGYO CO.,LTD. As a result, 藤倉商事 and its wholly owned subsidiary 藤倉商貿(大連)有限公司 will no longer be included in Fujikura’s scope of consolidation or subsidiaries.

Worth reading
46Recurring
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
1775775
Shares (number of shares transferred)
Wording
Definitive
How definitive the wording is.

This transaction

Share transfer
CounterpartyINABA DENKISANGYO CO.,LTD.
Disclosing companyFujikura Ltd.
藤倉商事株式会社Voting rights ownership percentageNumber of shares acquired 1,775,775 shares (number of shares transferred; number of voting rights not stated)

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.
Target company

Sale of electronic components, electric wires, cables, accessories, power distribution components, fastener products and other products

Location Koto-ku, TokyoShare capital ¥301 millionDate of incorporation 16 December 1947
Net Sales¥34,490 million (fiscal year ended March 2026)
Operating profit¥1,864 million (fiscal year ended March 2026)
Net income for the current fiscal year¥1,295 million (fiscal year ended March 2026)
Net assets¥3,504 million (fiscal year ended March 2026)
Consideration and expenses
Acquisition priceThe transfer price will not be disclosed.
Impact on Business Performance

The impact of this share transfer on Fujikura’s consolidated results for the fiscal year ending March 2027 will be minor.

This transaction
ItemDetails
Transaction nameShare transfer
Counterparty nameINABA DENKISANGYO CO.,LTD.
Name of the Subject Company藤倉商事株式会社
Business Description of the Subject CompanySale of electronic components, electric wires, cables, accessories, power distribution components, fastener products and other products
Location of the Subject CompanyKoto-ku, Tokyo
Capital Stock of the Subject Company¥301 million
Date of Establishment of the Subject Company16 December 1947
Net Sales of the Subject Company¥34,490 million (fiscal year ended March 2026)
Operating Profit of the Subject Company¥1,864 million (fiscal year ended March 2026)
Net Income of the Subject Company¥1,295 million (fiscal year ended March 2026)
Net Assets of the Subject Company¥3,504 million (fiscal year ended March 2026)
Acquisition priceThe transfer price will not be disclosed.
Number of shares acquired1,775,775 shares (number of shares transferred; number of voting rights not stated)
Voting rights ownership percentageBefore 100.0% → after 0.0%
Impact on Business PerformanceThe impact of this share transfer on Fujikura’s consolidated results for the fiscal year ending March 2027 will be minor.
Contract Date31 August 2026
Execution Date / Effective Date1 March 2027 (scheduled)
Items this document does not state (15)
Expenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding 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.

Following a review and reassessment of the domestic sales functions handled by 藤倉商事, Fujikura determined that the transaction is expected to strengthen sales capabilities and expand sales opportunities by leveraging INABA DENKISANGYO CO.,LTD.’s business base and sales network, while improving operational efficiency and creating synergies through the sharing and integration of business processes, systems infrastructure and logistics operations between the two companies.

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Notice Regarding Change in Consolidated Subsidiary (Share Transfer) | Fujikura Ltd. (5803) timely disclosure | Komori