Sumitomo Bakelite Company Limited
Notice Regarding Acquisition of Shares (Subsidiarization) of a Newly Established Company Succeeding Part of Kyocera Corporation’s Chemical Business by Absorption-Type Company Split
Sumitomo Bakelite resolved to acquire 1 share (purchase price 30 billion yen) of the newly established company succeeding part of Kyocera’s chemical business and make it a subsidiary. Establishment is planned for July 2026, with the company split effective date scheduled for October.
Key Figures
- Acquisition Price: 30 billion yen (planned final adjusted price)
- Number of Shares Acquired: 1 share (100% of voting rights owned)
- Succeeded Business Revenue: 23,223 million yen (Consolidated for Fiscal Year Ending March 2025)
AI要約
Overview of the M&A
Sumitomo Bakelite Co., Ltd. resolved at its Board of Directors meeting held on January 22, 2026, to acquire all shares of the newly established company succeeding part of Kyocera Corporation’s chemical business by absorption-type company split, thereby making it a subsidiary. The new company is scheduled to be established in July 2026 and will manufacture and sell epoxy molding compounds for semiconductor encapsulation, bonding pastes for semiconductors, and industrial resins. The acquisition price is 30 billion yen (after final adjustment), and the revenue of the business to be succeeded for the fiscal year ending March 2025 is 23,223 million yen.
Outlook and Impact
The impact on consolidated results for the fiscal year ending March 2026 is expected to be minor. The effective date of the company split and the share transfer execution date are scheduled for October 2026 but may change depending on the progress of competition law procedures and others. Through this transaction, Sumitomo Bakelite aims to strengthen its technological capabilities in the ICT field and accelerate the creation of high value-added products, promoting the business portfolio transformation under its Medium-Term Management Plan 2024-26.
