#BusinessTransfer

Maxell Holdings, Ltd. has resolved to transfer the EF2 business to Sonocom Inc., with a transfer price of 930 million yen and execution planned for July 2026.

Daikokuya Holdings transferred all shares of the UK subsidiary Speedloan Finance Limited group for 3 yen, recording a debt forgiveness gain of 79 million yen. The transfer date is 2026-03-27.

Tokuyama Corporation plans to transfer the domestic sales business of cement and solidifying agents and shares of certain consolidated subsidiaries to a newly established wholly owned subsidiary through an absorption-type company split, and subsequently transfer the shares of that subsidiary to Taiheiyo Cement Corporation for 37,000 million yen (scheduled October 1, 2026).

JTEKT Corporation has entered into a basic agreement to transfer seven consolidated subsidiaries of its European automotive business to Germany's LEO III.-VV25-A GmbH. The transfer is scheduled to be completed by the end of August 2026.

Consolidated subsidiary Kyoto Katsugyu transferred the operation of 11 restaurants to ATC Dining Co., Ltd. Transfer price was not disclosed; transfer date is February 27, 2026.

Renesas Electronics will transfer its timing business to SiTime Corporation for approximately USD 3.0 billion (about JPY 468 billion), with completion expected by the end of 2026. The transfer is expected to record a one-time gain of approximately USD 1.5 billion (about JPY 234 billion).