Komori
M&A and Subsidiary Changes6803TEAC CORPORATIONElectrical Equipment and Precision Instruments

[Progress of Disclosure] Notice Regarding the Completion of the Liquidation of a Consolidated Sub-subsidiary and the Recognition of Gain on Liquidation (Separately Disclosed Item)

The liquidation procedures for the UK consolidated sub-subsidiary TEAC UK LTD. were completed on 17 February 2026. In connection with the liquidation, a gain of approximately ¥322 million from the release of accumulated translation differences will be recognized.

Worth reading
78Important
Scored from 2 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
322
¥ million
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 17 日(清算結了日)
Target company

Audio Equipment Business

Location 英国(Luminous House, 300 South Row, Milton Keynes, Buckinghamshire, MK9 2FR, UK)Share capital 3,800 千ポンドDate of incorporation 1987 年5月
Consideration and expenses
Amount of extraordinary income (loss)約322 百万円の清算に伴う利益(個別開示項目)、2026年3月期第4四半期連結会計期間(1月-3月)に計上見込み
Impact on Business Performance

2026年3月期第4四半期連結会計期間(1月-3月)において計上する見込み

This transaction
ItemDetails
Transaction name連結孫会社の清算
Name of the Subject CompanyTEAC UK LTD.
Business Description of the Subject CompanyAudio Equipment Business
Location of the Subject Company英国(Luminous House, 300 South Row, Milton Keynes, Buckinghamshire, MK9 2FR, UK)
Capital Stock of the Subject Company3,800 千ポンド
Date of Establishment of the Subject Company1987 年5月
Amount of extraordinary income (loss)約322 百万円の清算に伴う利益(個別開示項目)、2026年3月期第4四半期連結会計期間(1月-3月)に計上見込み
Impact on Business Performance2026年3月期第4四半期連結会計期間(1月-3月)において計上する見込み
Execution Date / Effective Date2026 年2月 17 日(清算結了日)
Items this document does not state (23)
Counterparty nameNet 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.

本開示では、清算の理由は説明されていません。

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 Completion of the Liquidation of a Consolidated Sub-subsidiary and the Recognition of Gain on Liquidation (Separately Disclosed Item) | TEAC CORPORATION (6803) timely disclosure | Komori