Hulic Co., Ltd.
Notice Regarding Change in Subsidiary
Hulic Co., Ltd. will sell all silent partnership interests in Apocynum Property LLC for 15,820 million yen and exclude it from consolidation as of March 31, 2026.
Key Figures
- Sale Price: 15,820 million yen
- Equity Ratio before Change: 80%
- Apocynum Property LLC Sales for Fiscal Year Ended September 2025: 2,410 million yen
AI要約
Overview of Subsidiary Change
Hulic Co., Ltd. has resolved to sell all silent partnership interests of its consolidated subsidiary, Apocynum Property LLC, and to exclude the company from its consolidated financial statements. The sale price is 15,820 million yen, and the buyer is Fuyo General Lease Co., Ltd. Apocynum Property LLC is engaged in real estate acquisition, ownership, and leasing, with sales of 2,410 million yen and operating income of 2,044 million yen for the fiscal year ending September 2025.
Future Outlook and Impact
The impact of this sale on financial results is minimal, and there is no revision to the consolidated earnings guidance for the fiscal year ending December 2026. The effective date of exclusion is March 31, 2026, reducing Hulic’s equity ratio from 80% to 0%. Fuyo General Lease Co., Ltd., the buyer, has financial and real estate transaction relationships with Hulic, and Hulic is the largest shareholder of Fuyo General Lease, holding 13.95%.
