ULVAC, Inc.
【ULVAC】Notice of Business Integration and Subsidiary Transfer ｜ May 2026
ULVAC plans to transfer its stake in a consolidated subsidiary and make an investment in connection with the business integration of its China-based FPD target business. It is expected to record a gain on sale of approximately ¥7.8 billion in the consolidated financial statements for the fiscal year ending June 2026.
Key Figures
- Gain on sale of investments in affiliates: approximately ¥7.8 billion (scheduled for recognition in the fiscal year ending June 2026)
- Capital of joint venture: 892 million Chinese yuan (established July 2025)
- Aihatsu Electronic Materials' sales for the fiscal year ending December 2025: 472,864 thousand yuan
AI要約
Overview of Business Integration
ULVAC has decided to consolidate its FPD target business in response to competitive conditions in the Chinese market. The company intends to transfer its FPD target business and the stake in its subsidiary to a joint venture controlled by Chiyoko Shinsou. This will aim to concentrate management resources and accelerate decision-making.
Subsidiary Transfer and Future Outlook
The company will transfer all shares of Aihatsu Electronic Materials (Suzhou) Co., Ltd., and recognize a gain of approximately ¥7.8 billion as a special profit in the consolidated financial statements for the fiscal year ending June 2026. The stake will be transferred between June and July 2026. This is expected to have a positive impact on future performance.
ULVAC Inc.
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