This transaction
Establishment of an overseas subsidiaryThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Manufacture and sale of conveyor components
The impact on results for the current fiscal year is immaterial.
| Item | Details |
|---|---|
| Transaction name | Establishment of an overseas subsidiary |
| Name of the Subject Company | JRC Vietnam Co., Ltd. |
| Business Description of the Subject Company | Manufacture and sale of conveyor components |
| Location of the Subject Company | Hung Yen Province, Vietnam |
| Capital Stock of the Subject Company | 35,189,824,000VND |
| Date of Establishment of the Subject Company | 29 May 2026 |
| Voting rights ownership percentage | After 100％ (before not disclosed) |
| Impact on Business Performance | The impact on results for the current fiscal year is immaterial. |
| Execution Date / Effective Date | 29 May 2026 (date of establishment) |
| Management structure after acquisition | General Director: Ezoe Yoshiaki (江副 義昭). Officers of the Company will concurrently serve as officers of the subsidiary. The subsidiary will be positioned as a production and supply base for strengthening the Group's overseas business. |
Items this document does not state (22)
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 subsidiary was established to respond to growing demand for conveying equipment and rising needs for local procurement in Southeast Asia, and to develop a supply chain closer to the market together with local manufacturing, sales and service capabilities. Other objectives include reducing costs and shortening delivery times through local manufacturing, as well as strengthening the overseas business.