Tamura Corporation
[Tamura Manufacturing] Changes in Chinese Consolidated Subsidiaries and Future Outlook | May 2026
Tamura Manufacturing announced the transfer of its stake in the Chinese consolidated subsidiary Tamura Automotive, expecting approximately 700 million yen in capital gains in 2027.
Key Figures
- Capital Gains: Approximately 700 million yen (fiscal year ending March 2027 forecast)
- Transfer recipient: Foshan Nanhai Silicon Steel Core Manufacturing Co., Ltd.
- Schedule: Board resolution on 2026-05-11; scheduled completion by the end of June 2026
AI要約
Overview of Business and Reason for the Change
Tamura Manufacturing's Board of Directors has decided to transfer its stake in the Chinese consolidated subsidiary Tamura Automotive Electronics. This is based on the 14th Medium-Term Management Plan 'One TAMURA for Next 100,' aimed at improving profitability and streamlining the business foundation. As a result of the transfer, the subsidiary will no longer be included in the consolidated accounts.
Future Outlook and Financial Impact
With this transfer, a capital gain (extraordinary income) of approximately 700 million yen is projected to be recognized in the fiscal year ending March 2027. This is expected to positively impact future consolidated earnings and has been incorporated into the financial summary for 2026. The transfer is scheduled to be completed by the end of June 2026 and is positioned as part of the company's ongoing business strategy.
Tamura Manufacturing Co., Ltd.
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