This transaction
Share transferManufacture and sale of metal products (screws)
The Company expects to recognize a gain on sale of shares in an affiliated company of approximately ¥235 million as extraordinary income in its non-consolidated financial results. There will be no impact on consolidated financial results.
| Item | Details |
|---|---|
| Transaction name | Share transfer |
| Counterparty name | Name of counterparty |
| Name of the Subject Company | Yamashina Bangkok Fastening Company Limited |
| Business Description of the Subject Company | Manufacture and sale of metal products (screws) |
| Location of the Subject Company | Thailand |
| Capital Stock of the Subject Company | 23,000 thousand THB |
| Date of Establishment of the Subject Company | 5 June 2002 |
| Number of shares acquired | All shares (number of shares and voting rights: Not disclosed) |
| Voting rights ownership percentage | Before 84% (after not disclosed) |
| Amount of extraordinary income (loss) | Gain on sale of shares in an affiliated company: approximately ¥235 million; expected to be recognized as extraordinary income in the non-consolidated financial results for the fiscal year ending March 2027 |
| Impact on Business Performance | The Company expects to recognize a gain on sale of shares in an affiliated company of approximately ¥235 million as extraordinary income in its non-consolidated financial results. There will be no impact on consolidated financial results. |
| Date of board resolution | 31 July 2026 |
| Contract Date | 31 July 2026 |
| Execution Date / Effective Date | 31 July 2026 |
| Management structure after acquisition | The management resources and decision-making functions for the screw business will be consolidated under Yamashina Co., Ltd., and the domestic and overseas businesses will be operated as an integrated operation. The trade name, representative and treatment of employees: Not disclosed |
Items this document does not state (17)
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.The transfer is intended to consolidate the management resources and decision-making functions for the screw business under Yamashina Co., Ltd., and to operate the domestic and overseas businesses as an integrated operation, thereby strengthening business competitiveness and improving management efficiency.