J-Oil Mills, Inc.
【J-Oil Mills】Decision to Transfer Shares of Overseas Subsidiary｜May 2026
J-Oil Mills will transfer all shares of its overseas subsidiary Premium Fats Sdn Bhd to Premium Vegetable Oils Sdn Bhd, aiming to enhance corporate value. The transfer is scheduled to be completed in May 2026, and the impact on the financial results for the fiscal year ending March 2027 is expected to be minimal.
Key Figures
- Number of shares transferred: 2,602,043 shares
- Transfer price: Undisclosed (pending final confirmation)
- Net assets (Premium Fats): As of March 31, 2026: 416 million JPY
AI要約
Business Overview
J-Oil Mills has decided to transfer all shares of its overseas subsidiary Premium Fats Sdn Bhd to Premium Vegetable Oils Sdn Bhd. Premium Fats operates manufacturing and sales of margarine and shortening in Malaysia. Since its equity investment in 2019, the company has made certain progress in sales expansion and business stabilization. However, for medium to long-term growth, the decision was made to optimize business continuity through this transfer. The transfer is scheduled to be completed in May 2026. Going forward, J-Oil Mills plans to strengthen collaboration with Premium Vegetable Oils and pursue growth in the oils and fats processed products business in overseas markets.
Outlook and Impact
The impact on the financial results for the fiscal year ending March 2027 due to this share transfer is expected to be minimal. Although the specific transfer price has not yet been determined, it will be finalized after the final price adjustment. Post-transfer, the focus will remain on business continuity and growth strategies, aiming to optimize overseas operations. Any significant impact will be promptly disclosed to provide information to investors.
J-Oil Mills, Inc.
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