Sanoh Industrial (6584) · InitiativeAchievedLatest Financial results presentation (2026-07-13): "Cited as achieved"
Acquisition of All Equity Interests in Winkelmann Powertrain México
First written in FY2025. 2 of 4 entries say "Cited as achieved", first in 2026-05-14. Latest entry: 2026-07-13.
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- FY2026-H1AchievedAnnual report
「We acquired all equity interests on 10 July 2025. Winkelmann Powertrain México S. de R.L. de C.V. has changed its corporate name to Sanoh Powertrain Mexico S. de R.L. de C.V.」
For WPM, whose acquisition was approved and agreement signed on 6 June 2025, the acquisition of all equity interests was completed on 10 July 2025 and WPM was included in the scope of consolidation. The acquisition consideration was ¥1,695 million, the post-acquisition voting rights ratio was 100%, and a gain on the recognition of negative goodwill of ¥2,595 million was recorded. - FY2025First statedAnnual report
「At a meeting of the Board of Directors held on 6 June 2025, we resolved to acquire all equity interests in Mexican automotive parts manufacturer Winkelmann Powertrain México S. de R.L. de C.V. (hereinafter, “WPM”) and entered into an equity transfer agreement on 6 June 2025.」
The acquisition of all equity interests in WPM was approved and an agreement was signed. The acquisition was scheduled for 30 June 2025, the post-acquisition ownership ratio was to be 100%, and the estimated acquisition consideration was €10 million. The aim was to establish a position in the fuel-injection business manufactured in Mexico for the US market.