teno. Holdings Company Limited
Notice Regarding Transfer of Shares of a Consolidated Subsidiary
As part of a new business reorganization, the company has decided to transfer the shares of consolidated subsidiary Safety Japan Risk Management, after which the company will be excluded from consolidation. The transferee is Seed Corporation, the transfer price is 500,000,000 yen, and the scheduled closing date is December 1, 2026. The impact on future consolidated results is under review, but there is a possibility of recording extraordinary gains in the fiscal year ending December 2026.
Key Figures
- Transfer price: 500,000,000 yen
- Number of shares transferred: 2,600 shares
- Number of shares owned after the change: 0 shares
AI要約
Summary of the News
It was resolved to transfer the shares of consolidated subsidiary Safety Japan Risk Management. As a result of the transfer, the company will be excluded from the scope of consolidation, and the transferee is Seed Corporation. The transfer price is 500 million yen, the number of shares to be transferred is 2,600 shares (100% ownership), and the closing is scheduled for December 1, 2026.
Future Impact and Outlook
This share transfer may result in the recording of gain on sale of shares of affiliates (extraordinary income) in the parent-only financial statements for the fiscal year ending December 2026, but the amount is currently undecided. The impact on consolidated results is also under review, and if a revision to earnings guidance becomes necessary, it will be disclosed promptly.
teno. Holdings Company Limited
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