This transaction
Establishment of an overseas subsidiary (specified subsidiary)The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Manufacture and sale of door modules in China
The establishment of this new company is expected to contribute to an improvement in the Company's performance over the medium to long term. However, its impact on performance for the current fiscal year is expected to be immaterial. If the Company determines that the establishment will affect future performance, it will promptly disclose the information.
| Item | Details |
|---|---|
| Transaction name | Establishment of an overseas subsidiary (specified subsidiary) |
| Counterparty name | 重慶海徳世拉索系統（集団）有限公司, Zhang Ping (張屏) |
| Name of the Subject Company | 上海海徳世智能系統有限公司 (予定) |
| Business Description of the Subject Company | Manufacture and sale of door modules in China |
| Location of the Subject Company | Jinshan District, Shanghai, People's Republic of China |
| Capital Stock of the Subject Company | CNY 35,000,000 (equivalent to ¥788 million) |
| Date of Establishment of the Subject Company | July 2026 (scheduled) |
| Voting rights ownership percentage | After 50.4% (indirect ownership) (before not disclosed) |
| Impact on Business Performance | The establishment of this new company is expected to contribute to an improvement in the Company's performance over the medium to long term. However, its impact on performance for the current fiscal year is expected to be immaterial. If the Company determines that the establishment will affect future performance, it will promptly disclose the information. |
| Date of board resolution | 3 April 2026 |
| Execution Date / Effective Date | July 2026 (scheduled) |
| Management structure after acquisition | Name: 上海海徳世智能系統有限公司 (予定). Representative: Chairman Zhang Ping (張屏). One of the Company's officers is scheduled to become a director. Employee treatment: not disclosed |
Items this document does not state (20)
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.The Group has secured new orders in the East China region, and because the door modules ordered are large, it determined that production near the customer would be appropriate.