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M&A and Subsidiary Changes6803TEAC CORPORATIONElectrical Equipment and Precision Instruments

[Progress of Disclosure] Notice Regarding the Recognition of Gain on the Liquidation of a Consolidated Sub-subsidiary (Separately Disclosed Item) (International Financial Reporting Standards)

In connection with the liquidation procedures for the UK consolidated sub-subsidiary TEAC UK LTD., a gain of approximately ¥320 million is expected to be recognized from the release of accumulated translation differences. The liquidation is scheduled to be completed on 16 February 2026.

Worth reading
32Immaterial
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
320
Millions of yen
Wording
Conditional
How definitive the wording is.

This transaction

連結孫会社の清算
Disclosing companyTEAC CORPORATION
TEAC UK LTD.Subject of this transaction
Execution Date / Effective Date2026年2月16日(清算完了予定日)
Target company
Location United Kingdom
Consideration and expenses
Amount of extraordinary income (loss)約320百万円の清算に伴う利益(個別開示項目)、2026年3月期に計上予定
Impact on Business Performance

2026年3月期の業績見込みについては、同日公表の「業績予想の修正に関するお知らせ」を参照

This transaction
ItemDetails
Transaction name連結孫会社の清算
Name of the Subject CompanyTEAC UK LTD.
Location of the Subject CompanyUnited Kingdom
Amount of extraordinary income (loss)約320百万円の清算に伴う利益(個別開示項目)、2026年3月期に計上予定
Impact on Business Performance2026年3月期の業績見込みについては、同日公表の「業績予想の修正に関するお知らせ」を参照
Execution Date / Effective Date2026年2月16日(清算完了予定日)
Items this document does not state (26)
Counterparty nameBusiness Description of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet 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 acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountDate of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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.

TEAC UK LTD.の清算に伴い、累積換算差額を取り崩すため。

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.
[Progress of Disclosure] Notice Regarding the Recognition of Gain on the Liquidation of a Consolidated Sub-subsidiary (Separately Disclosed Item) (International Financial Reporting Standards) | TEAC CORPORATION (6803) timely disclosure | Komori