This transaction
Subsidiary EstablishmentThe 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.
Precision parts machining, inspection, packaging, supply chain management and related activities for next-generation frontier technology industries
The impact on consolidated financial results is expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | Subsidiary Establishment |
| Counterparty name | MISUMI Investment USA Corporation（MIUC） |
| Name of the Subject Company | KIBAN, LLC |
| Business Description of the Subject Company | Precision parts machining, inspection, packaging, supply chain management and related activities for next-generation frontier technology industries |
| Location of the Subject Company | Delaware, United States |
| Date of Establishment of the Subject Company | October 2026 (scheduled) |
| Acquisition price | US$40 million (capital contribution) |
| Voting rights ownership percentage | After 100% (planned) (before not disclosed) |
| Impact on Business Performance | The impact on consolidated financial results is expected to be immaterial. |
| Date of board resolution | 17 September 2026 |
| Execution Date / Effective Date | October 2026 (scheduled) |
| Management structure after acquisition | The representative is President David Evans. The Company's executive officer is scheduled to change from executive officer to President of the subsidiary. |
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 purpose is to establish a manufacturing platform in North America and integrate production processes ranging from precision parts machining to inspection and packaging. The company states that it will leverage the group's supply chain, procurement capabilities and digital manufacturing management platform to support product development and mass production by North American manufacturers.