Tokuyama Corporation
Notice Regarding Recognition of Extraordinary Gains and Extraordinary Losses
Following completion of the absorption-type split and full ownership conversion, Tokuyama Corporation expects to record extraordinary gains of approximately 30.5 billion yen and extraordinary losses of approximately 12.0 billion yen in the consolidated accounting period for Q3 of the fiscal year ending March 2027, based on transfer consideration of 37.0 hundred million yen. The impact on future earnings guidance is under review.
Key Figures
- Transfer consideration: 37.0 hundred million yen
- Extraordinary gains: approx. 30.5 hundred million yen
- Extraordinary losses: approx. 12.0 hundred million yen
AI要約
Facts and Completion
Today, the absorption-type split related to the transfer of the domestic sales business for cement and solidification agents and certain consolidated subsidiary shares took effect, and the succession to Tokuyama Cement Co., Ltd. and the transfer of its shares have been completed. The subsidiary undergoing the change is Tokuyama Cement Co., Ltd.; going forward its shareholding will be transferred to Taiheiyo Cement Corporation, resulting in zero shares held (the company name is scheduled to be changed later to Tokuyama Taiheiyo Co., Ltd.).
Financial Impact and Outlook
Based on transfer consideration of 37.0 hundred million yen and taking into account consolidated carrying values and related costs, Tokuyama Corporation expects to record extraordinary gains of approximately 30.5 hundred million yen and extraordinary losses of approximately 12.0 hundred million yen in Q3 of the fiscal year ending March 2027. These amounts may change due to future settlement procedures. The impact on earnings guidance is currently being reviewed, and if revisions are necessary they will be promptly announced separately.
Tokuyama Corporation
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