WELLNEO SUGAR Co., Ltd.
Notice of Changes in Equity-method Affiliate (Share Transfer)
Transfer of all shares of equity-method affiliate Turuya Kasei Kogyo Co., Ltd. to the company, resulting in its removal from equity-method affiliates. The transfer is scheduled for September 18, 2026. Impact on consolidated results is expected to be minor.
Key Figures
- Transferred shares: 42,800 shares (same voting rights as before)
- Shares held after transfer: 0 shares
- Planned transfer execution date: 2026-09-18
AI要約
Background and details of changes
By resolution of the board of directors, we will transfer all held shares of Turuya Kasei Kogyo Co., Ltd. to the company, and exclude Turuya Kasei Kogyo from equity-method affiliates. The number of transferred shares is 42,800; ownership after transfer will be zero. The transfer price will not be disclosed due to a confidentiality agreement with the buyer. The transfer date is scheduled for September 18, 2026.
Impact and future outlook
The impact on consolidated results is expected to be minor, and we will promptly disclose any matters that require public notification in the future. Turuya Kasei Kogyo's business involves manufacturing and sale of health foods and related materials; the transfer is part of the reaffirmation of our group's business environment and related strategies.
Welleno Sugar Co., Ltd.
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