Worth reading
54Recurring
Scored from 4 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
3
¥100 million (gain on sale of investments in affiliated companies in the consolidated financial statements for the fiscal year ending March 2027)Wording
Conditional
How definitive the wording is.This transaction
This transactionCounterparty富士和機械工業(昆山)有限公司, 昆山和准測試有限公司
Disclosing companyAKEBONO BRAKE INDUSTRY CO.,LTD.
Execution Date / Effective Date2 July 2026 (registration of the transfer), 21 September 2026 (third-party allotment of shares), and 25 September 2026 (settlement procedures associated with the transfer and completion of this transaction)
Target company
Location China
Consideration and expenses
Amount of extraordinary income (loss)The company expects to record a ¥300 million gain on the sale of investments in affiliated companies as special income in its consolidated financial statements and a ¥1 billion gain in its non-consolidated financial statements for the fiscal year ending March 2027.
Impact on Business Performance
The impact on the full-year consolidated earnings forecast for the fiscal year ending March 2027 is expected to be immaterial, depending on the timing of the classification change.
Procedures and assumptions
Management structure after acquisitionAs of the end of the second quarter of the fiscal year ending March 2027, the company expects the classification to change from a consolidated subsidiary to an equity-method affiliate.
| Item | Details |
|---|---|
| Transaction name | This transaction |
| Counterparty name | 富士和機械工業(昆山)有限公司, 昆山和准測試有限公司 |
| Name of the Subject Company | 広州曙光制動器有限公司 |
| Location of the Subject Company | China |
| Amount of extraordinary income (loss) | The company expects to record a ¥300 million gain on the sale of investments in affiliated companies as special income in its consolidated financial statements and a ¥1 billion gain in its non-consolidated financial statements for the fiscal year ending March 2027. |
| Impact on Business Performance | The impact on the full-year consolidated earnings forecast for the fiscal year ending March 2027 is expected to be immaterial, depending on the timing of the classification change. |
| Execution Date / Effective Date | 2 July 2026 (registration of the transfer), 21 September 2026 (third-party allotment of shares), and 25 September 2026 (settlement procedures associated with the transfer and completion of this transaction) |
| Management structure after acquisition | As of the end of the second quarter of the fiscal year ending March 2027, the company expects the classification to change from a consolidated subsidiary to an equity-method affiliate. |
Items this document does not state (24)
Business 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 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 report the completion of the transaction, the forthcoming accounting classification change and its impact on earnings. The reason for carrying out the transaction itself is not explained in this disclosure.
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.