Komori
M&A and Subsidiary Changes6323RORZE CORPORATIONMachinery

Notice Regarding the Establishment of a Chinese Local Subsidiary (Great-Grandchild Company) by Our Subsidiary

RC, our consolidated subsidiary, will establish a sub-subsidiary in Shanghai, China. RC will invest RMB 20 million in the new company, which is planned to engage in the production, development and sale of automated wafer transfer equipment, among other activities.

Worth reading
35Immaterial
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
20000000
Renminbi
Wording
Conditional
How definitive the wording is.

This transaction

Establishment of a Chinese Local Company (Sub-subsidiary) by Our Subsidiary
CounterpartyRORZE CREATECH CO., LTD.
Disclosing companyRORZE CORPORATION
Rorze Createch Precision Technology/乐孜芯创精密科技(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.The percentage before the change is not stated in this document.

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

Production, development and sale of automated wafer transfer equipment, technical support, and import and export agency services

Location Shanghai, ChinaShare capital RMB 20 million (approximately ¥473 million)Date of incorporation September 2026 (予定)
Impact on Business Performance

The impact of this transaction on consolidated results for the current fiscal year is expected to be immaterial.

Procedures and assumptions
Management structure after acquisitionThe chairman will be Fujishiro Yoshiyuki (藤代祥之). Officers of RC are expected to concurrently serve as officers of the subsidiary.
This transaction
ItemDetails
Transaction nameEstablishment of a Chinese Local Company (Sub-subsidiary) by Our Subsidiary
Counterparty nameRORZE CREATECH CO., LTD.
Name of the Subject CompanyRorze Createch Precision Technology/乐孜芯创精密科技(上海)有限公司
Business Description of the Subject CompanyProduction, development and sale of automated wafer transfer equipment, technical support, and import and export agency services
Location of the Subject CompanyShanghai, China
Capital Stock of the Subject CompanyRMB 20 million (approximately ¥473 million)
Date of Establishment of the Subject CompanySeptember 2026 (予定)
Voting rights ownership percentageAfter 100%(RC) (before not disclosed)
Impact on Business PerformanceThe impact of this transaction on consolidated results for the current fiscal year is expected to be immaterial.
Date of board resolution24 August 2026
Execution Date / Effective DateSeptember 2026 (予定)
Management structure after acquisitionThe chairman will be Fujishiro Yoshiyuki (藤代祥之). Officers of RC are expected to concurrently serve as officers of the subsidiary.
Items this document does not state (20)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger 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 Execution

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 production structure in China in response to growing demand for semiconductor-related equipment in the Chinese market. In particular, the company cited the urgent need to expand the production capacity of RCS, an RC subsidiary.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Establishment of a Chinese Local Subsidiary (Great-Grandchild Company) by Our Subsidiary | RORZE CORPORATION (6323) timely disclosure | Komori