Tokyo Century Corporation
Announcement on Changes in Consolidated Subsidiaries (Share Transfer)
Entered into a share transfer agreement to transfer 50.0% of the subsidiary to Itochu Corporation. Completion of the transfer is scheduled for November 2026 (planned); the amount is subject to changes due to antitrust and other approvals and exchange rate fluctuations. If revision of future earnings guidance becomes necessary, disclosure will be made.
Key Figures
- Date of Share Transfer Agreement: 2026 年9 月2 日
- Subsidiary Change Date (planned): 2026 年11 月
- FX information: JPY/USD 0.006243756243756244 (as of 2026-09-01)
AI要約
Section Heading
This notification concerns the signing of a share transfer agreement to transfer a portion of the shares of Consolidated Subsidiary (Specific Subsidiary) TC Skyward Aviation U.S., Inc. to Itochu Corporation, reporting that it has progressed to the execution stage based on the signing of the letter of intent. In connection with the transfer, regulatory approvals under antitrust laws in each country are prerequisites, and the timing and amount may fluctuate due to exchange rate movements. At present, it is deemed difficult to reasonably quantify the impact on consolidated earnings for the FY2027, and disclosure will be provided separately if necessary.
Section 2 Heading
The share transfer is interpreted as part of a strategic organizational restructuring; however, specific financial figures that would be linked to the earnings release are not currently known. The scope of impact depends on antitrust approvals, exchange risk, and other restructuring costs. If a significant impact is expected, disclosure including revisions to earnings forecasts will be made in due course.
Tokyo Century Corporation
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