Tamura Corporation
Notice Regarding Completion of Share Transfer of Chinese Consolidated Subsidiary
All shares of the Chinese consolidated subsidiary are transferred, and Tamura Automotive Electronics (Foshan) Co., Ltd. will no longer be a consolidated subsidiary. A gain on disposal of about 700 million yen is embedded in the full-year earnings forecast for the fiscal year ending March 2027.
Key Figures
- Gain on disposal of shares: 約7 hundred million yen
- Disposal completion date: 2026-06-30
- Target: Tamura Automotive Electronics (Foshan) Co., Ltd.
AI要約
Overview
Today we announce that the transfer of shares in Tamura Automotive Electronics (Foshan) Co., Ltd. announced on May 11, 2026 has been completed. It is expected that the company will lose its status as a consolidated subsidiary from the first quarter of 2027 onward. We have incorporated a special profit of about 700 million yuan as disposal gains into the full-year consolidated earnings forecast for the fiscal year ending March 2027.
Impact Going Forward
With the completion of the share transfer, the composition of the consolidated subsidiaries will change. The timing of recognizing disposal gains is assumed to be in the first quarter of the fiscal year ending March 2027. The exchange rate on the day is provided as exchange information, but the article does not detail direct effects on finances.
Tamura Manufacturing Co., Ltd.
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