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M&A and Subsidiary Changes6635KK DI-NIKKO ENGINEERINGElectrical Equipment and Precision Instruments

Notice Concerning the Establishment of a Subsidiary by Our Consolidated Subsidiary and Change in a Specified Subsidiary

The Group's Hong Kong joint venture has decided to establish a 100%-owned manufacturing subsidiary in Vietnam. The subsidiary's capital will be USD 4,500,000 (¥701 million), and operations are scheduled to commence in April 2028.

Worth reading
32Immaterial
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
701
¥ million (capital)
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Establishment of subsidiary
CounterpartySweetleaf International Limited
Disclosing companyKK DI-NIKKO ENGINEERING
Trois SMT(Vietnam)Technology Company Limited.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.

Date of board resolution8 September 2026
Execution Date / Effective Date8 September 2026 (scheduled)
Target company

EMS (printed circuit board assembly)

Location VietnamShare capital USD 4,500,000 (¥701 million)Date of incorporation 8 September 2026 (scheduled)
Impact on Business Performance

The impact of this matter on the Company's consolidated results for the fiscal year ending December 2026 will be immaterial. If we determine that the impact is material in our future outlook, we will disclose it promptly.

Procedures and assumptions
Management structure after acquisitionThe corporate representative is Sato Yutaka (佐藤豊). An employee of the Company concurrently serves as the corporate representative. Operations are planned to commence in April 2028 (scheduled).
This transaction
ItemDetails
Transaction nameEstablishment of subsidiary
Counterparty nameSweetleaf International Limited
Name of the Subject CompanyTrois SMT(Vietnam)Technology Company Limited.
Business Description of the Subject CompanyEMS (printed circuit board assembly)
Location of the Subject CompanyVietnam
Capital Stock of the Subject CompanyUSD 4,500,000 (¥701 million)
Date of Establishment of the Subject Company8 September 2026 (scheduled)
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business PerformanceThe impact of this matter on the Company's consolidated results for the fiscal year ending December 2026 will be immaterial. If we determine that the impact is material in our future outlook, we will disclose it promptly.
Date of board resolution8 September 2026
Execution Date / Effective Date8 September 2026 (scheduled)
Management structure after acquisitionThe corporate representative is Sato Yutaka (佐藤豊). An employee of the Company concurrently serves as the corporate representative. Operations are planned to commence in April 2028 (scheduled).
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 capture the growth potential of the Vietnamese market and expand the Group's business in Asia by increasing production capacity and strengthening cost competitiveness.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Establishment of a Subsidiary by Our Consolidated Subsidiary and Change in a Specified Subsidiary | KK DI-NIKKO ENGINEERING (6635) timely disclosure | Komori