Kato Works Co.,Ltd.
Notice Regarding Transfer of Subsidiary’s Share
Decides to transfer the stake in a consolidated subsidiary. The transferee is undisclosed, after the transfer the Company’s equity stake will be 0%, and the transfer date is planned for October 2026. The impact on future accounting treatment may be reflected in the earnings guidance for the FY2027.
Key Figures
- Shareholding ratio: 100% → 0% (before/after transfer)
- Transfer schedule: October 2026 (planned)
- Transfer value: Unknown
AI要約
Overview of the transfer
We decided to transfer all equity of our consolidated subsidiary Katsunaka Shun (Xiamen) Construction Machinery Co., Ltd. The transferee is described as a private domestic company in China, with no capital, personnel, or transaction relationships. After the transfer, the stake will be 0%.
Impact on finance and accounting and outlook
The transfer value will not be disclosed due to confidentiality agreements. We have not incorporated the gain from this stake transfer into the earnings guidance for the fiscal year ending March 2027; once accounting treatments are finalized, we will disclose any revisions to the forecast. The business bases will establish liaison offices in Kunshan and Xiamen, and local support will continue.
Kato Manufacturing Co., Ltd.
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