Torex Semiconductor Ltd.
Disclosure Progress: Notice of Completion of all-encompassing subsidiary transfer (share transfer) and recording of special profit
Transferred the consolidated subsidiary TVS to PANJIT INTERNATIONAL INC. and renamed to PVS. Post-transfer, 5% stake remains with us. Transfer completed on 2026/09/15. Special profit is expected to be recognized in the second quarter of the fiscal year ending March 2027, with an estimated gain on sale of around 1 billion yen. No revisions to earnings guidance at this time.
Key Figures
- Transferred stake: 95%
- Post-transfer stake: 5%
- Transfer value: 9,472,902.25 USD
AI要約
Section Heading
The points disclosed today are that the transfer of the consolidated subsidiary TVS has been completed and its name has been changed to PANJIT VIETNAM SEMICONDUCTOR COMPANY LIMITED, and that the company will continue to hold 5% of the stake after the transfer. Production activities continue, and special-profit recognition is expected in the second quarter of the fiscal year ending March 2027. No revisions to earnings projections are planned at this time.
Section 2 Heading
As for the impact going forward, the expected amount of special profit is approximately 1 billion yen and has already been incorporated into the earnings guidance announced on August 12, 2026. The transfer does not involve geographic or production-base changes and production continues at the existing plants. By retaining a 5% stake in PVS, the group structure is maintained, and other financial impacts are currently unknown.
Torex Semiconductor Ltd.
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