Sumco Corporation
Notice on Completion of Changes in Consolidated Subsidiaries (Change to equity-method affiliated company)
Announces completion of the transfer of a consolidated subsidiary from FST to an equity-method affiliate. Voting rights ratio after the sale is 38.0%; sale date is 2026/8/20. Accounting treatment is planned to use deemed transfer date as 2026/9/30. Impact on consolidated results to be reviewed.
Key Figures
- FST voting rights ratio: 38.0%
- Sale completion date: August 20, 2026
- Deemed transfer date: September 30, 2026
AI要約
Overview
This matter concerns the transfer of the consolidated subsidiary FORMOSA SUMCO TECHNOLOGY CORPORATION (FST) to an equity-method affiliate through a stock sale disclosed via the securities market. After the sale, the voting rights ratio will be 38.0%, and FST is scheduled to be treated as an equity-method affiliate. Accounting will be handled by deemed transfer, with the period-end date treated as the deemed transfer date.
Impact and outlook
The impact on the 2026 fiscal year consolidated results is currently being reviewed, and information to be disclosed will be promptly notified as it becomes available. FST will continue to serve as an important production and sales base, and the company intends to maintain a good cooperative relationship as an equity-method affiliate.
Sumco Corporation
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