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Statutory disclosure document6703Oki Electric Industry Company,LimitedElectrical Equipment and Precision Instruments

(Change) Statutory Advance Disclosure Document (Company Split) (Hitachi Channel Solutions, Ltd.)

For the company receiving the transferred business in the absorption-type company split, material matters concerning assets, capital and financing arising after the end of the latest fiscal year were added. Specifically, the disclosure states that capital reserves were reduced by ¥21,000,000,000, ¥20,000,000,000 was borrowed, and dividends from surplus totaling ¥21,000,000,000 were paid.

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74In focus
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Mixed performance
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Scale
21000000000
¥
Wording
Definitive
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Decision and Details

The disposal of material assets, assumption of material liabilities and other events occurring after the end of the latest fiscal year of the company receiving the transferred business in the absorption-type company split that materially affect the status of the company's assets

Decision30 September 2026 (date of disclosure of the amended matters) / 28 and 29 September 2026 (effective dates of the respective matters) / 29 September 2026 (date the memorandum of understanding was executed)
Period CoveredEvents occurring from 28 September 2026 to 1 October 2026
Implementation① 28 September 2026 (completed) ② Borrowing dated 1 October 2026 (planned) ③ 29 September 2026 (completed)
Going forwardAn absorption-type company split is planned, with 1 October 2026 as the effective date, under which 日立チャネルソリューションズ株式会社 will receive the rights and obligations relating to part of Oki Electric Industry Company,Limited's financial solutions business. The company receiving the transferred business is also scheduled to borrow ¥20,000,000,000 on 1 October 2026.
Amount① Reduction of capital reserves by ¥21,000,000,000 and transfer of the same amount to other capital surplus ② Borrowing of ¥20,000,000,000 ③ Total dividends from surplus of ¥21,000,000,000
Reason

To disclose the amended matters pursuant to Article 782, paragraph 1 of the Companies Act and Article 183, item 7 of the Ordinance for Enforcement of the Companies Act. The reasons for carrying out the individual transactions are Not disclosed

Decision and Details
ItemDetails
Matter CoveredThe disposal of material assets, assumption of material liabilities and other events occurring after the end of the latest fiscal year of the company receiving the transferred business in the absorption-type company split that materially affect the status of the company's assets
Decision Date30 September 2026 (date of disclosure of the amended matters) / 28 and 29 September 2026 (effective dates of the respective matters) / 29 September 2026 (date the memorandum of understanding was executed)
Implementation Date① 28 September 2026 (completed) ② Borrowing dated 1 October 2026 (planned) ③ 29 September 2026 (completed)
Period CoveredEvents occurring from 28 September 2026 to 1 October 2026
Amount① Reduction of capital reserves by ¥21,000,000,000 and transfer of the same amount to other capital surplus ② Borrowing of ¥20,000,000,000 ③ Total dividends from surplus of ¥21,000,000,000
ReasonTo disclose the amended matters pursuant to Article 782, paragraph 1 of the Companies Act and Article 183, item 7 of the Ordinance for Enforcement of the Companies Act. The reasons for carrying out the individual transactions are Not disclosed
Governing RuleArticle 782, paragraph 1 of the Companies Act; Article 183, item 7 and Article 183, item 4(c) of the Ordinance for Enforcement of the Companies Act
Related previous disclosures“Pre-Transaction Disclosure Documents for the Absorption-Type Company Split” dated 17 August 2026
Future plansAn absorption-type company split is planned, with 1 October 2026 as the effective date, under which 日立チャネルソリューションズ株式会社 will receive the rights and obligations relating to part of Oki Electric Industry Company,Limited's financial solutions business. The company receiving the transferred business is also scheduled to borrow ¥20,000,000,000 on 1 October 2026.
Items this document does not state (3)
Decision-Making BodyQuantity / scaleImpact on Business Performance

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 disclose the amended matters pursuant to the Companies Act and the Ordinance for Enforcement of the Companies Act. The reasons for the individual transactions are not stated.

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(Change) Statutory Advance Disclosure Document (Company Split) (Hitachi Channel Solutions, Ltd.) | Oki Electric Industry Company,Limited (6703) timely disclosure | Komori