Kyocera Corporation
Notice Regarding the Succession by Company Split to a Newly Established Subsidiary of Our Chemical Business and Transfer of Shares of the Newly Established Subsidiary
Kyocera will transfer its chemical business to a newly established subsidiary through an absorption-type company split and transfer all shares of the subsidiary to Sumitomo Bakelite Co., Ltd. for approximately 30 billion yen. Execution planned at the end of October 2026.
Key Figures
- Transfer Price: 30 billion yen (final transfer price may vary due to price adjustment)
- Sales of the Subject Business: 23,223 million yen (FY ending March 2025)
- Scheduled Execution Date of Transfer: End of October 2026 (planned)
AI要約
Overview of This Transaction
Kyocera Corporation resolved to transfer its chemical business of the Semiconductor Components & Ceramic Materials Division to a newly established subsidiary via an absorption-type company split, and to transfer all shares of the newly established subsidiary to Sumitomo Bakelite Co., Ltd. The transfer price is approximately 30 billion yen, with execution planned at the end of October 2026. Sales of the business subject to the split amounted to 23,223 million yen for the fiscal year ending March 2025. The absorption-type company split qualifies as a simplified/special simplified absorption-type split, requiring no shareholder meeting resolution.
Outlook and Impact
This transaction is not expected to affect Kyocera’s consolidated results for the fiscal year ending March 2026. Should any matters requiring disclosure arise, they will be promptly announced. The purpose of the transaction is to respond to Sumitomo Bakelite’s strengthening of its chemical field by reorganizing Kyocera’s portfolio, aiming for further growth and increased business value of the subject business.
