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M&A and Subsidiary Changes7501TIEMCO LTD.Trading & Wholesale

(Progress on Previously Disclosed Matter) Notice Regarding the Establishment of a Chinese Subsidiary

The establishment procedures for the Chinese subsidiary announced on 16 July 2026 have been completed, and 厦門特美客戸外科技有限公司 was established on 1 September 2026. It is a wholly owned subsidiary funded by the Company.

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This transaction

Establishment of a Chinese subsidiary
Disclosing companyTIEMCO LTD.
厦門特美客戸外科技有限公司Voting rights ownership percentage

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.

Execution Date / Effective Date1 September 2026 (established)
Target company

Online sales and other activities involving fishing and outdoor products in China

Location People's Republic of China, Fujian Province, Xiamen CityShare capital RMB 1 million (equivalent to ¥24 million)Date of incorporation 1 September 2026
Impact on Business Performance

The Company will make a timely disclosure once it becomes possible to reasonably calculate the impact on earnings forecasts, including expenses and effects on net sales associated with the establishment of this subsidiary and global expansion and digital transformation.

Procedures and assumptions
Management structure after acquisitionThe representative is Director Wang Zhiwei (王志偉). A director of the Company will concurrently serve as a director of the subsidiary. The subsidiary is wholly owned by the Company.
This transaction
ItemDetails
Transaction nameEstablishment of a Chinese subsidiary
Name of the Subject Company厦門特美客戸外科技有限公司
Business Description of the Subject CompanyOnline sales and other activities involving fishing and outdoor products in China
Location of the Subject CompanyPeople's Republic of China, Fujian Province, Xiamen City
Capital Stock of the Subject CompanyRMB 1 million (equivalent to ¥24 million)
Date of Establishment of the Subject Company1 September 2026
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business PerformanceThe Company will make a timely disclosure once it becomes possible to reasonably calculate the impact on earnings forecasts, including expenses and effects on net sales associated with the establishment of this subsidiary and global expansion and digital transformation.
Execution Date / Effective Date1 September 2026 (established)
Management structure after acquisitionThe representative is Director Wang Zhiwei (王志偉). A director of the Company will concurrently serve as a director of the subsidiary. The subsidiary is wholly owned by the Company.
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 acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionListing status of subject company

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 establish a base for selling fishing and outdoor products online in China and, with the cooperation of the largest shareholder, promote global expansion and digital transformation.

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 on Previously Disclosed Matter) Notice Regarding the Establishment of a Chinese Subsidiary | TIEMCO LTD. (7501) timely disclosure | Komori