THK Co., Ltd.
Notice Concerning Transfer of Consolidated Subsidiaries (Share Transfer) and Claim Transfer
THK Co., Ltd. will transfer shares and loan claims of five subsidiaries in the transportation equipment business to a special purpose company, completing selection and concentration in the transportation equipment business.
Key Figures
- Number of subsidiaries subject to transfer: 5 companies (TRAH and 4 subsidiaries)
- Scheduled transfer date: 2026-06-01
- Transfer price: Undisclosed (due to confidentiality obligations)
AI要約
Overview of M&A
At the board of directors meeting held on February 2, 2026, THK Co., Ltd. decided and concluded a basic agreement to transfer all issued shares of TRA Holdings Co., Ltd., a subsidiary, and its four subsidiaries related to the transportation equipment business, as well as loan claims, to a special purpose company indirectly invested by Advantage Partners Inc. This is part of the new management policy aiming for early achievement of ROE exceeding 10%, and a structural reform intended to complete selection and concentration of the transportation equipment business. The transfer price is undisclosed due to confidentiality obligations.
Future Outlook and Impact
The impact of this transaction on the consolidated results for the fiscal year ending December 2025 is currently under review and will be disclosed at the financial results announcement for the period. There is no revision to the dividend forecast. The scheduled transfer date is June 1, 2026, and after completion, the company will no longer hold shares of the relevant subsidiaries. This aims to improve capital costs and Return on Invested Capital (ROIC) from the transportation equipment business.
