This transaction
Dissolution and liquidationSales of compact outdoor work machinery and general industrial machinery in the Middle East
The impact of this matter on the Company's consolidated results is immaterial.
| Item | Details |
|---|---|
| Transaction name | Dissolution and liquidation |
| Name of the Subject Company | YAMABIKO GENERAL TRADING FZE |
| Business Description of the Subject Company | Sales of compact outdoor work machinery and general industrial machinery in the Middle East |
| Location of the Subject Company | Dubai, United Arab Emirates |
| Date of Establishment of the Subject Company | 10 December 2025 |
| Voting rights ownership percentage | Before 100% (after not disclosed) |
| Impact on Business Performance | The impact of this matter on the Company's consolidated results is immaterial. |
| Date of board resolution | 14 May 2026 |
| Execution Date / Effective Date | The liquidation is expected to be completed once the necessary procedures under local laws have been completed. The specific date has not been determined as of this time. |
| Conditions Precedent to Execution | Completion of the procedures required under local laws and regulations |
| Management structure after acquisition | The Company's head office will directly handle operations for the region going forward, while maintaining the existing product supply structure and a high level of service, and will continue to support distributors in the Middle East, including Turkey. |
Items this document does not state (21)
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.As conditions in the Middle East have deteriorated rapidly and the disruption is expected to continue for an extended period, the Company determined that, even after the conflict subsides, it would be difficult to promptly establish the smooth and stable business operations initially envisaged. Optimizing management resources and avoiding risks were given the highest priority.