Mitsuboshi Co., Ltd.
Notice of Effectiveness of Share Delivery
Tenshin Shoji has been made a share-delivery subsidiary. Consideration comprised 173,300 shares of treasury stock and cash of 150 million yen. Going forward, through the newly established Resource Innovation Division, the company will promote non-ferrous metal recycling and battery-related businesses to enhance corporate value. The effective date is 2026-10-26.
Key Figures
- Consideration: 173,300 shares and cash 150 million yen
- Tenshin Shoji voting rights ratio: 51.0%
- Effective date: 2026-10-26
AI要約
Overview of the Share Delivery
Mitsuboshi Co., Ltd. executed a share delivery making Tenshin Shoji a share-delivery subsidiary, acquiring 918 common shares of the company and delivering 173,300 shares of treasury stock and cash of 150 million yen as consideration. As a result, Tenshin Shoji became a consolidated subsidiary of the Group and will expand into grid-scale battery business accompanying renewable energy adoption and non-ferrous metal recycling through the newly established Resource Innovation Division.
Business Outlook and Future Schedule
By securing this new business foundation, the company will promote new business development focused on non-ferrous metal recycling centered on copper and battery-related businesses. The effective date is 2026-10-26; the resolution for the share delivery was passed on September 10, 2026, and the transfer application deadline is 2026-10-23.
Mitsuboshi Co., Ltd.
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