This transaction
Establishment of a subsidiary (sub-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.
Design, manufacture and sale of equipment for the manufacture of printed wiring boards and all types of surface treatment equipment for flat panels
The impact of this establishment on consolidated results for the current fiscal year will be minor.
| Item | Details |
|---|---|
| Transaction name | Establishment of a subsidiary (sub-subsidiary) |
| Counterparty name | Tokyo Kakoki Co., Ltd. |
| Name of the Subject Company | 弘塑電子設備（浙江）有限公司 (scheduled) |
| Business Description of the Subject Company | Design, manufacture and sale of equipment for the manufacture of printed wiring boards and all types of surface treatment equipment for flat panels |
| Location of the Subject Company | Jiaxing, Zhejiang Province, People's Republic of China |
| Capital Stock of the Subject Company | RMB 40,000 thousand (approximately ¥950 million) |
| Date of Establishment of the Subject Company | November 2026 (scheduled) |
| Voting rights ownership percentage | After 100% (before not disclosed) |
| Impact on Business Performance | The impact of this establishment on consolidated results for the current fiscal year will be minor. |
| Date of board resolution | 16 October 2026 |
| Execution Date / Effective Date | November 2026 (scheduled) |
| Management structure after acquisition | The trade name will be 弘塑電子設備（浙江）有限公司 (scheduled), and the representative will be Chairman of the Board Fujiwara Makoto (藤原 誠). Tokyo Kakoki Co., Ltd. will provide 100% of the capital, and a senior executive officer of the Company is scheduled to concurrently serve as an officer of the new company. 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 semiconductor market is growing as demand related to AI expands, and demand for the Group's equipment is also increasing. Enhancing production capacity has therefore become an important issue. To strengthen its production capacity in China, the world's largest producer of printed wiring boards, the Group will establish a local company to create a new manufacturing base.