This transaction
This capital increaseThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Before the capital increase: Sales, marketing, procurement, market development, support and other activities in the machinery manufacturing and sales business / After the capital increase: Sales, marketing, procurement, market development, support and other activities in the machinery manufacturing and sales business and the chemical industrial products sales business
The impact of this matter on the Company's consolidated results for the fiscal year ending October 2026 will be minor.
| Item | Details |
|---|---|
| Transaction name | This capital increase |
| Counterparty name | TOMOE ENGINEERING CO.,LTD.(TOMOE KOGYO CO.,LTD.) |
| Name of the Subject Company | TOMOEKOGYO ENGINEERING INDIA PRIVATE LIMITED |
| Business Description of the Subject Company | Before the capital increase: Sales, marketing, procurement, market development, support and other activities in the machinery manufacturing and sales business / After the capital increase: Sales, marketing, procurement, market development, support and other activities in the machinery manufacturing and sales business and the chemical industrial products sales business |
| Location of the Subject Company | Pune, India |
| Capital Stock of the Subject Company | Before the capital increase: INR 32,000,000 (approximately ¥54.4 million); after the capital increase: INR 72,000,000 (approximately ¥122.4 million) |
| Date of Establishment of the Subject Company | 26 November 2025 |
| Acquisition price | INR 40,000,000 (approximately ¥68.0 million) (subscription price for the capital increase) |
| Type of Consideration | Cash (payment for the capital increase) |
| Number of shares acquired | Not disclosed (shares held after the capital increase: 7,199,999 shares by TOMOE ENGINEERING CO.,LTD.(TOMOE KOGYO CO.,LTD.) and 1 share by 巴機械サービス株式会社) |
| Voting rights ownership percentage | Before 99.99997% (ownership interest before the capital increase) → after 99.99999% (ownership interest after the capital increase) |
| Impact on Business Performance | The impact of this matter on the Company's consolidated results for the fiscal year ending October 2026 will be minor. |
| Date of board resolution | 23 June 2026 |
| Execution Date / Effective Date | During October 2026 (予定) (payment date) |
| Management structure after acquisition | The subsidiary will establish a branch in Gurgaon to serve as a sales and marketing base for its chemical industrial products sales business. The representative will be General Manager Monden Yusuke (門傳雄介). Employee treatment: 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.To expand its chemical industrial products sales business in India, the company will establish a sales and marketing base in Gurgaon and develop the necessary sales structure. The company intends to expand its business performance by developing both its machinery manufacturing and sales business and its chemical industrial products sales business in India's rapidly growing market. This is part of the overseas business expansion and growth investment initiatives under its medium-term management plan.