Konishi Co., Ltd.
Notice Regarding Acquisition of Shares (Subsidiarization) of a Newly Established Synthetic Resin Emulsion Business Successor Company by Mitsubishi Chemical Corporation
Konishi Co., Ltd. plans to acquire all shares of a newly established company succeeding Mitsubishi Chemical Corporation’s synthetic resin emulsion business and make it a subsidiary. The acquisition price is undisclosed, with stock transfer execution scheduled for December 1, 2026.
Key Figures
- Number of shares acquired: Equivalent to 100% voting rights ownership
- Acquisition price: Undisclosed
- Stock transfer agreement signing date: 2026-02-17
AI要約
Outline of the M&A
Konishi Co., Ltd. resolved to acquire all shares of a newly established company that will succeed the acrylic emulsion business and synthetic resin emulsion business operated by Mitsubishi Chemical Corporation and its subsidiary Japan Coating Resin Co., Ltd. through an absorption-type company split, and signed a stock transfer agreement on February 17, 2026. The new company will engage in the development, manufacture, and sales of synthetic resin emulsions, with planned capital of JPY 500,000 and a fiscal year ending March 31 (planned). The acquisition price is undisclosed due to contractual confidentiality obligations.
Future Outlook and Impact on Business Performance
The new company is scheduled to become a subsidiary on December 1, 2026, and the impact on the fiscal year ending March 2027 is currently under review. Konishi Co., Ltd. plans to proceed with detailed discussions and procedures for subsidiary creation with Mitsubishi Chemical Corporation, and will promptly disclose any matters that should be made public. Through this subsidiary creation, Konishi aims for medium- to long-term growth by strengthening technological capabilities and expanding sales networks in the acrylic emulsion sector.
