Komori
M&A and Subsidiary Changes7247MIKUNI CORPORATIONAutomobiles and transportation equipment

Notice Concerning the Decision to Transfer Tangible Fixed Assets

The Company has decided to transfer land and buildings owned by its consolidated Chinese subsidiary to a business company in China. The transfer price, contract execution date and property handover date have not yet been determined.

Worth reading
22Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
42993
sq. m (land area; building total floor area: 27,336 sq. m)
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Transfer of tangible fixed assets
CounterpartyBusiness company in China (details undisclosed)
Disclosing companyMIKUNI CORPORATION
The Company's consolidated Chinese subsidiary (name undisclosed)Subject of this transaction
Date of board resolution31 March 2026
Contract DateTo be determined
Execution Date / Effective DateProperty handover date: Undetermined
Target company

Part of the manufacturing site of the Company's consolidated Chinese subsidiary

Location Cixi City, Zhejiang Province, People's Republic of China
Consideration and expenses
Acquisition priceUndetermined (currently under negotiation)
Impact on Business Performance

The transaction may affect consolidated results for the fiscal year ending March 2027.

This transaction
ItemDetails
Transaction nameTransfer of tangible fixed assets
Counterparty nameBusiness company in China (details undisclosed)
Name of the Subject CompanyThe Company's consolidated Chinese subsidiary (name undisclosed)
Business Description of the Subject CompanyPart of the manufacturing site of the Company's consolidated Chinese subsidiary
Location of the Subject CompanyCixi City, Zhejiang Province, People's Republic of China
Acquisition priceUndetermined (currently under negotiation)
Impact on Business PerformanceThe transaction may affect consolidated results for the fiscal year ending March 2027.
Date of board resolution31 March 2026
Contract DateTo be determined
Execution Date / Effective DateProperty handover date: Undetermined
Items this document does not state (22)
Capital 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 CompanyExpenses 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 amountAmount of extraordinary income (loss)Valuation 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.

To make effective use of management resources, improve asset efficiency and strengthen the Company's financial position.

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.
Notice Concerning the Decision to Transfer Tangible Fixed Assets | MIKUNI CORPORATION (7247) timely disclosure | Komori