This transaction
Transfer of equity interestThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
A certain amount of the extraordinary gain has already been incorporated into the earnings forecast for the fiscal year ending March 2027. Even after taking into account the difference from the estimated amount, no revision to the earnings forecast is planned at this time.
| Item | Details |
|---|---|
| Transaction name | Transfer of equity interest |
| Counterparty name | PANJIT INTERNATIONAL INC. |
| Name of the Subject Company | TOREX VIETNAM SEMICONDUCTOR CO.,LTD (after transfer: PANJIT VIETNAM SEMICONDUCTOR COMPANY LIMITED) |
| Acquisition price | US$9,472,902.25 |
| Type of Consideration | Cash |
| Voting rights ownership percentage | Before 100％ → after 5％ |
| Amount of extraordinary income (loss) | An estimated gain on the sale of the equity interest of approximately ¥1 billion, expected to be recognized as an extraordinary gain in the consolidated financial results for the second quarter of the fiscal year ending March 2027 |
| Impact on Business Performance | A certain amount of the extraordinary gain has already been incorporated into the earnings forecast for the fiscal year ending March 2027. Even after taking into account the difference from the estimated amount, no revision to the earnings forecast is planned at this time. |
| Execution Date / Effective Date | 2026/9/15 (date of completion of the equity interest transfer) |
| Management structure after acquisition | The company has changed its name from TVS to PANJIT VIETNAM SEMICONDUCTOR COMPANY LIMITED. The Company continues to hold 5%. The production base and production location remain unchanged, and production activities will continue at the same factory as before. |
Items this document does not state (22)
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.Following completion of the equity interest transfer, TVS will be excluded from the scope of consolidated subsidiaries, and the gain on the sale of the equity interest is expected to be recognized as an extraordinary gain. The Company explained that there will be no transfer or change in the production base or production location after the transfer, and production activities will continue at the same factory.