This transaction
Share acquisition (making the company an equity-method affiliate)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.
Welding construction, and the manufacture and sale of welding materials and environment-related equipment
TOKUDEN CO.,LTD.'s profit or loss will be reflected in non-operating income and expenses based on the company's equity interest in the earnings forecast for the fiscal year ending June 2027. The amount of the equity-method investment gain, including a gain on negative goodwill, is scheduled to be disclosed once finalized, and will be included in the earnings summary scheduled for publication on 14 August 2026.
| Item | Details |
|---|---|
| Transaction name | Share acquisition (making the company an equity-method affiliate) |
| Name of the Subject Company | TOKUDEN CO., LTD. |
| Business Description of the Subject Company | Welding construction, and the manufacture and sale of welding materials and environment-related equipment |
| Location of the Subject Company | Kakogawa, Hyogo Prefecture |
| Capital Stock of the Subject Company | ¥484 million |
| Date of Establishment of the Subject Company | 26 January 1950 |
| Net Sales of the Subject Company | ¥10,915 million (fiscal year ended March 2026) |
| Operating Profit of the Subject Company | ¥583 million (fiscal year ended March 2026) |
| Net Income of the Subject Company | ¥457 million (fiscal year ended March 2026) |
| Net Assets of the Subject Company | ¥7,905 million (fiscal year ended March 2026) |
| Number of shares acquired | 422,900 shares, representing 4,229 voting rights |
| Voting rights ownership percentage | After 26.75% (before not disclosed) |
| Goodwill amount | Amount not yet determined. The company plans to record an equity-method investment gain, including a gain on negative goodwill. |
| Impact on Business Performance | TOKUDEN CO.,LTD.'s profit or loss will be reflected in non-operating income and expenses based on the company's equity interest in the earnings forecast for the fiscal year ending June 2027. The amount of the equity-method investment gain, including a gain on negative goodwill, is scheduled to be disclosed once finalized, and will be included in the earnings summary scheduled for publication on 14 August 2026. |
| Execution Date / Effective Date | Share acquisition completed on 17 July 2026 |
| Management structure after acquisition | President and Representative Director: Nishikawa Homare (西川 誉). The company name and treatment of employees: not disclosed |
Items this document does not state (16)
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 acquisition of shares in TOKUDEN CO.,LTD. announced on 29 May 2026 has been completed. The amount of the equity-method investment gain resulting from the acquisition will be disclosed once finalized.