Komori
M&A and Subsidiary Changes7013IHI CorporationMachinery

Notice Concerning the Transfer of Shares in 株式会社IHI物流産業システム

IHI will transfer 80% of the issued shares of its consolidated subsidiary, IHI物流産業システム, to Toyota Industries Corporation, reducing its ownership stake from 100% to 20%. IHI also plans to transfer the remaining 20% within approximately 5 years.

Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
80
Percentage of outstanding shares
Wording
Conditional
How definitive the wording is.

This transaction

Transaction
Counterparty株式会社豊田自動織機
Disclosing companyIHI Corporation
IHI物流産業システムVoting rights ownership percentageNumber of shares acquired 3,200 shares (number of voting rights: Not disclosed)

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.

TimelineThe spacing between the points is proportional to the actual number of days.
Target company

a. Sales, design, manufacture, procurement, construction, installation, modification and repair of logistics equipment, factory automation equipment and industrial machinery, as well as equipment and parts refurbishment and maintenance services b. Consulting and engineering for logistics plants, factory automation plants and industrial machinery

Location Koto-ku, TokyoShare capital ¥1,000 million (as of the end of March 2025)Date of incorporation 2 July 1984
Net Sales¥32,802 million (fiscal year ended March 2025)
Operating profit¥2,050 million (fiscal year ended March 2025)
Net income for the current fiscal year¥1,475 million (fiscal year ended March 2025)
Net assets¥7,976 million (fiscal year ended March 2025)
Consideration and expenses
Acquisition priceThe transfer price will not be disclosed.
Impact on Business Performance

IHI expects to recognize the profit or loss related to this transaction in the fiscal year ending March 2028. The amount is currently under review. The impact on the full-year consolidated earnings forecast for the fiscal year ending March 2027 is expected to be immaterial.

Procedures and assumptions
Management structure after acquisitionIHI物流産業システム will conduct its business under Toyota Industries Corporation. During the transition period, IHI plans to continue providing a certain level of support as a shareholder for approximately 5 years. IHI plans to transfer its remaining 20% stake to Toyota Industries Corporation within approximately 5 years.
This transaction
ItemDetails
Transaction nameTransaction
Counterparty name株式会社豊田自動織機
Name of the Subject CompanyIHI物流産業システム
Business Description of the Subject Companya. Sales, design, manufacture, procurement, construction, installation, modification and repair of logistics equipment, factory automation equipment and industrial machinery, as well as equipment and parts refurbishment and maintenance services b. Consulting and engineering for logistics plants, factory automation plants and industrial machinery
Location of the Subject CompanyKoto-ku, Tokyo
Capital Stock of the Subject Company¥1,000 million (as of the end of March 2025)
Date of Establishment of the Subject Company2 July 1984
Net Sales of the Subject Company¥32,802 million (fiscal year ended March 2025)
Operating Profit of the Subject Company¥2,050 million (fiscal year ended March 2025)
Net Income of the Subject Company¥1,475 million (fiscal year ended March 2025)
Net Assets of the Subject Company¥7,976 million (fiscal year ended March 2025)
Acquisition priceThe transfer price will not be disclosed.
Number of shares acquired3,200 shares (number of voting rights: Not disclosed)
Voting rights ownership percentageBefore 100.0% → after 20.0%
Impact on Business PerformanceIHI expects to recognize the profit or loss related to this transaction in the fiscal year ending March 2028. The amount is currently under review. The impact on the full-year consolidated earnings forecast for the fiscal year ending March 2027 is expected to be immaterial.
Date of board resolution8 May 2026
Execution Date / Effective Date1 April 2027 (scheduled)
Management structure after acquisitionIHI物流産業システム will conduct its business under Toyota Industries Corporation. During the transition period, IHI plans to continue providing a certain level of support as a shareholder for approximately 5 years. IHI plans to transfer its remaining 20% stake to Toyota Industries Corporation within approximately 5 years.
Items this document does not state (14)
Expenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding 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.

IHI determined that strengthening IHI物流産業システム's competitiveness through the creation of synergies with Toyota Industries Corporation and continued growth investment would contribute to the company's sustainable growth while responding to changes in the external environment.

How to read this page

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Notice Concerning the Transfer of Shares in 株式会社IHI物流産業システム | IHI Corporation (7013) timely disclosure | Komori