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M&A and Subsidiary Changes6237IWAKI CO.,LTD.Machinery

Notice Regarding a Capital Increase by a Consolidated Subsidiary

The Company will make an additional capital contribution of US$400,000 to its wholly owned subsidiary in China, increasing the subsidiary's stated capital from US$600,000 to US$1,000,000. The funds will be used to strengthen the procurement structure, establish logistics functions, and finance capital investment and working capital.

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
400000
US dollars
Wording
Conditional
How definitive the wording is.

This transaction

This capital increase
CounterpartyIWAKI CO.,LTD. (subscriber for the capital increase)
Disclosing companyIWAKI CO.,LTD.
易威奇泵业国际贸易(上海)有限公司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

Sale of various types of pumps

Location Shanghai, People's Republic of ChinaShare capital US$600,000 (before the capital increase); US$1,000,000 (after the capital increase)Date of incorporation 29 March 2001
Net SalesCNY 131.690 million (fiscal year ended December 2025)
Operating profitCNY 47.074 million (fiscal year ended December 2025)
Net income for the current fiscal yearCNY 35.248 million (fiscal year ended December 2025)
Net assetsCNY 28.053 million (fiscal year ended December 2025)
Consideration and expenses
Acquisition priceUS$400,000 (amount paid in)
Type of ConsiderationCash (amount paid in: US$400,000)
Impact on Business Performance

The impact of this transaction on the Company's consolidated financial results for the fiscal year ending March 2027 will be immaterial.

This transaction
ItemDetails
Transaction nameThis capital increase
Counterparty nameIWAKI CO.,LTD. (subscriber for the capital increase)
Name of the Subject Company易威奇泵业国际贸易(上海)有限公司
Business Description of the Subject CompanySale of various types of pumps
Location of the Subject CompanyShanghai, People's Republic of China
Capital Stock of the Subject CompanyUS$600,000 (before the capital increase); US$1,000,000 (after the capital increase)
Date of Establishment of the Subject Company29 March 2001
Net Sales of the Subject CompanyCNY 131.690 million (fiscal year ended December 2025)
Operating Profit of the Subject CompanyCNY 47.074 million (fiscal year ended December 2025)
Net Income of the Subject CompanyCNY 35.248 million (fiscal year ended December 2025)
Net Assets of the Subject CompanyCNY 28.053 million (fiscal year ended December 2025)
Acquisition priceUS$400,000 (amount paid in)
Type of ConsiderationCash (amount paid in: US$400,000)
Voting rights ownership percentageBefore 100% → after 100%
Impact on Business PerformanceThe impact of this transaction on the Company's consolidated financial results for the fiscal year ending March 2027 will be immaterial.
Date of board resolution26 June 2026
Execution Date / Effective Date8 July 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)Contract DateValuation 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.

To strengthen the Company's business base in Shanghai and expand its business scope, establish logistics functions as part of efforts to strengthen and improve the efficiency of its procurement structure in China, and address the resulting demand for capital investment and working capital.

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 Capital Increase by a Consolidated Subsidiary | IWAKI CO.,LTD. (6237) timely disclosure | Komori