Decision and Details
Toyotsu Chemiplas' board of directorsPrior Disclosure Document for the Absorption-Type Company Split (Revision)
At its meeting on 30 June 2026, Toyotsu Chemiplas' board of directors approved the financial statements for the business year ended 31 March 2026, resulting in a change to the most recent business year.
The disclosure states that both companies are expected to remain able to perform their obligations after the absorption-type company split. No impact on earnings forecasts was disclosed.
| Item | Details |
|---|---|
| Matter Covered | Prior Disclosure Document for the Absorption-Type Company Split (Revision) |
| Decision-Making Body | Toyotsu Chemiplas' board of directors |
| Decision Date | 30 June 2026 |
| Implementation Date | 1 July 2026 (scheduled; effective date of the absorption-type company split) |
| Period Covered | Business year ended 31 March 2026 (Toyotsu Chemiplas' most recent business year) |
| Amount | Toyota Tsusho Corporation: assets of ¥3,587,560 million and liabilities of ¥2,040,878 million; Toyotsu Chemiplas: assets of ¥91,463 million and liabilities of ¥62,441 million; revenue of the business being split: ¥76,489 million for the fiscal year ended March 2025 |
| Impact on Business Performance | The disclosure states that both companies are expected to remain able to perform their obligations after the absorption-type company split. No impact on earnings forecasts was disclosed. |
| Reason | At its meeting on 30 June 2026, Toyotsu Chemiplas' board of directors approved the financial statements for the business year ended 31 March 2026, resulting in a change to the most recent business year. |
| Governing Rule | Article 782, Paragraph 1 of the Companies Act; Article 183 of the Ordinance for Enforcement of the Companies Act; Article 183, Item 7 of the Ordinance for Enforcement of the Companies Act |
| Related previous disclosures | "Prior Disclosure Document for the Absorption-Type Company Split" dated 17 March 2026 |
| Future plans | The absorption-type company split is scheduled to be implemented on 1 July 2026 |
Items this document does not state (1)
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.At its meeting on 30 June 2026, Toyotsu Chemiplas' board of directors approved the financial statements for the business year ended 31 March 2026, resulting in a change to the most recent business year.