Tomoe Engineering Co., Ltd.
Notice Regarding Capital Increase of Consolidated Subsidiary and Change of Specified Subsidiary
The Company decided to increase capital by 340 thousand USD (approximately 53,233 thousand JPY) in its consolidated subsidiary TOMOE TRADING VIETNAM CO., LTD., raising the capital to approximately 119,491 thousand JPY (scheduled in June 2026).
Key Figures
- Capital Increase Subscription Amount: 340 thousand USD (approx. 53,233 thousand JPY)
- Capital Amount After Increase: 13,746,000 thousand VND + 340 thousand USD (approx. 119,491 thousand JPY)
- Net Sales for Fiscal Year Ending September 2025: 11,320,490,154 VND
AI要約
Overview and Purpose of Capital Increase
Tomoe Industrial Co., Ltd. resolved at the Board of Directors meeting on March 6, 2026, to increase capital by 340 thousand USD (approximately 53,233 thousand JPY) in its Vietnamese consolidated subsidiary TOMOE TRADING VIETNAM CO., LTD. As a result, the capital stock will amount to approximately 119,491 thousand JPY, qualifying it as a specified subsidiary of the Company. The purpose of the capital increase is to strengthen the sales system and invest in facilities to expand the machine manufacturing and sales business centered on centrifuges in the Vietnamese market, as part of the overseas business expansion outlined in the medium-term management plan announced in December 2025.
Overview of the Target Company and Impact on Performance
The target company, TOMOE TRADING VIETNAM CO., LTD., established in April 2021, engages in sales of chemical industrial products and procurement and sales of centrifuge-related parts. Its net sales for the fiscal year ending September 2025 amounted to 11,320,490,154 VND, showing a year-over-year increase; however, it recorded a net loss of -1,075,799,448 VND. The impact of this capital increase on the consolidated financial results for the fiscal year ending October 2026 is expected to be minimal.
