Moriroku Company, Ltd.
Notice Regarding Transfer of Interest in Consolidated Subsidiary
Moriroku Company, Ltd. will transfer its interest in consolidated subsidiary Guangzhou Moriroku Plastic Parts Co., Ltd. to Zhongzhida International Group Co., Ltd., and the subsidiary will cease to be consolidated. The transfer is scheduled for mid-December 2026. The impact on future consolidated results is under review.
Key Figures
- Transferred interest: 100% → 0%
- Transfer schedule: mid-December 2026 (scheduled)
- Individual financial details such as capital and sales are not included in this matter and are Unknown
AI要約
Overview of Interest Transfer
Moriroku Company, Ltd. has resolved to transfer its entire interest in its consolidated subsidiary Guangzhou Moriroku Plastic Parts Co., Ltd. to Zhongzhida International Group Co., Ltd. After the transfer, Guangzhou Moriroku will no longer be a consolidated subsidiary. The transfer price is not disclosed for confidentiality reasons, and the transfer date is scheduled for mid-December 2026.
Future Impact and Schedule
The impact of this transfer on the consolidated results for the fiscal year ending March 2027 is currently under review, and we will disclose further information as it becomes available. The transferee is a Hong Kong-based holding company, and the Company expects to maintain transactional relationships such as sales, purchases, and royalties.
Moriroku Company, Ltd.
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