{"id":105644,"date":"2026-08-20T15:45:18","date_gmt":"2026-08-20T06:45:18","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7231-20260820-01_wp_corporate_restructuring\/"},"modified":"2026-08-20T15:45:18","modified_gmt":"2026-08-20T06:45:18","slug":"7231-20260820-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7231\/ir\/7231-20260820-01_wp_corporate_restructuring\/","title":{"rendered":"Notice Regarding Transfer of Equity in Consolidated Subsidiary (Change of Grandchild Company)"},"content":{"rendered":"<p>Entire stake in the consolidated subsidiary Linex Guangzhou to be transferred. The transferee is a domestic Chinese company in the automotive wheel manufacturing and sales business. Post-transfer ownership will be 0%, with contract signing on 2026-08-20 and expected transfer execution on 2026-09-30. Impact on this fiscal year&#8217;s consolidated results is expected to be minimal.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"7231","jir_company_name":"TOPY Industries, Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-08-20","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/7231-20260820-01.pdf","jir_short_summary":"Entire stake in the consolidated subsidiary Linex Guangzhou to be transferred. The transferee is a domestic Chinese company in the automotive wheel manufacturing and sales business. Post-transfer ownership will be 0%, with contract signing on 2026-08-20 and expected transfer execution on 2026-09-30. Impact on this fiscal year's consolidated results is expected to be minimal.","jir_summary":"### Section Heading\nAs part of the mid-term management plan \u201cTOPY Active & Challenge 2027,\u201d we announce the decision to transfer all equity in Linex Guangzhou to respond to market conditions in China and to advance the restructuring of the China steel wheel business. The overview of the transferee, terms of the transfer, and assessment of the transferee\u2019s reliability are provided, and the anticipated impact is expected to be minimal.\n\n### Section 2 heading\nThe transfer schedule proceeds with contract signing on 2026-08-20 and planned transfer execution on 2026-09-30. Transferee information is non-disclosed at the request of the counterparty. The financial impact of the transfer is expected to be limited, and we will promptly disclose additional information as soon as it becomes available.","jir_financial_highlights":"Number of shares transferred: 100\uff05 (Unknown)\nTransfer value: Unknown (Unknown)\nShares held after transfer: 0\uff05 (Unknown)","jir_category":"","jir_hashtags":"#TOPYIndustries, #NotShareRepurchase but CapitalPolicy\/OrganizationalRestructuring, #ConsolidatedSubsidiaryRestructuring","jir_key_figures":"Transfer shares: 100\uff05\nShares after change: 0\uff05\nTransfer schedule: Contract signing 2026-08-20; Transfer execution 2026-09-30 (planned)","jir_meta_title":"\u3010TOPY Industries\u3011Notice of Transfer of Consolidated Subsidiary Shareholding | August 2026","jir_meta_description":"TOPY Industries has decided to transfer all equity of its consolidated subsidiary Lintex Guangzhou. The transferee is a domestic Chinese company. The transfer is scheduled for contract signing on 2026-08-20 and transfer execution on 2026-09-30. The financial impact is expected to be minimal.","jir_og_title":"\u3010TOPY Industries\u3011Notice of Transfer of Consolidated Subsidiary Shareholding | August 2026","jir_og_description":"TOPY Industries transfers all equity of Lintex Guangzhou. The transferee is a domestic Chinese company. The anticipated impact is minimal, with contract signing on 2026-08-20 and transfer execution on 2026-09-30.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16876,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-105644","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Transfer of Equity in Consolidated Subsidiary (Change of Grandchild Company) - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-7231\/ir\/7231-20260820-01_wp_corporate_restructuring\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7231\/ir\/7231-20260820-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7231\/ir\/7231-20260820-01_wp_corporate_restructuring\/\",\"name\":\"Notice Regarding Transfer of Equity in Consolidated Subsidiary (Change of Grandchild Company) - 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