Nabtesco Corporation
Announcement Regarding Company Split (Simplified Absorption-Type Split) of Hydraulic Equipment Business and Completion of Share Transfer to Comer Industries S.p.A.
Nabtesco Corporation conducted an absorption-type split of its hydraulic equipment business to a newly established subsidiary and completed the transfer of 70% of the new company's shares to Comer Industries S.p.A. on January 1, 2026.
Key Figures
- Share Transfer Ratio: 70% (of the new company's issued shares)
- Share Transfer Execution Date: 2026-01-01
- Absorption-Type Split Completion Date: 2025-12-31
AI要約
Overview of Company Split and Share Transfer
Nabtesco Corporation executed an absorption-type split of its hydraulic equipment business to its wholly owned subsidiary (Comtesco Corporation) effective December 31, 2025, and transferred 70% of the issued shares of the new company to Comer Industries S.p.A. effective January 1, 2026. As a result, the hydraulic equipment business has been consolidated under the new company, and its management structure has been reorganized.
Outlook
The impact of this share transfer on Nabtesco Corporation's earnings is expected to be minimal, and the company will promptly disclose any matters requiring disclosure in the future. Specific financial figures and the amount of impact are currently unknown.
