{"id":110064,"date":"2026-09-02T15:04:06","date_gmt":"2026-09-02T06:04:06","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/5451-20260902-01_wp_corporate_restructuring\/"},"modified":"2026-09-22T13:33:46","modified_gmt":"2026-09-22T04:33:46","slug":"5451-20260902-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260902-01_wp_corporate_restructuring\/","title":{"rendered":"Notice Regarding Transfer of Investment Shares Involving Transfer of Consolidated Subsidiary"},"content":{"rendered":"<p>Through the transfer of investment shares, YSS was excluded from the consolidated subsidiaries, and the remaining ownership after the transfer is 5.00%. The transferee is Hebei Xinguang Manli New Materials Technology Co., Ltd., and the transfer price is 232,750,000 yuan. The impact on earnings going forward is already reflected in the Financial Summary.<\/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,"price_fetched_at":"","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":"5451","jir_company_name":"Yodoko Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-02","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/5451-20260902-01.pdf","jir_short_summary":"Through the transfer of investment shares, YSS was excluded from the consolidated subsidiaries, and the remaining ownership after the transfer is 5.00%. The transferee is Hebei Xinguang Manli New Materials Technology Co., Ltd., and the transfer price is 232,750,000 yuan. The impact on earnings going forward is already reflected in the Financial Summary.","jir_summary":"### Section Heading\nThis is a follow-up notice regarding the transfer of investment shares involving changes to consolidated subsidiaries since 2016, significantly reducing YSS\u2019s stake as a consolidated subsidiary, with the final ownership after the transfer at 5.00%. The transferee is Hebei Xinguang Manli New Materials Technology Co., Ltd., and the transfer price is 232,750,000 yuan. After the transfer, YSS will be excluded as a consolidated subsidiary. The financial impact has been reflected in the earnings guidance for the fiscal year ending March 2027, and the company will promptly notify if any disclosure is required.\n\n### Section 2 heading\nLooking ahead, as YSS is excluded from the consolidated subsidiaries, the related profits and losses (consolidated basis) may decrease due to the transfer, while the financial condition of the transferee will be managed based on publicly available information. There may be impacts on previously announced earnings guidance and dividend forecasts, but the company has already factored the gain on sale of equity in its August 6, 2026 earnings summary, and will promptly disclose any additional information if available.","jir_financial_highlights":"Transferred stake: 5.00% (From 100.00% prior to transfer to a substantial decrease from the prior ownership range of over 80%)\nTransfer price: 232,750,000 Renminbi (Breakdown: our company 181,522,705 yuan, SYSCO 51,227,295 yuan)\nPost-transfer ownership: 5.00% (Our stake 5.00%, SYSCO 0.00%)","jir_category":"","jir_hashtags":"#Not a share buyback but a significant capital relationship change, #Group restructuring information","jir_key_figures":"Transferred stake: 95.00% \u2192 final transfer 5.00% (voting rights ratio 5.00%)\nTransfer price: 232,750,000 Chinese yuan\nMajor shareholder of transferee: Hebei Xinjin Steel Co., Ltd. 100%","jir_meta_title":"Yodoko Co., Ltd. Notice Regarding Transfer of Investment Shares Involving Consolidated Subsidiary Change | September 2026","jir_meta_description":"Yodoko Co., Ltd. completes the transfer of investment shares involving a consolidated subsidiary. YSS\u2019s transfer stake becomes 5.00%; transferee is Hebei Xinguang Manli New Materials Technology Co., Ltd. Transfer price is 232,750,000 yuan. The impact is reflected in the earnings summary.","jir_og_title":"Yodoko Co., Ltd. Notice Regarding Investment Share Transfer","jir_og_description":"Transfer of YSS investment stake completed, resulting in final ownership of 5.00%. Transferee is Hebei Xinguang Manli New Materials Technology Co., Ltd., transfer price is 232,750,000 yuan.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8934,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-110064","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 Investment Shares Involving Transfer of Consolidated Subsidiary - 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-5451\/ir\/5451-20260902-01_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-5451\/ir\/5451-20260902-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260902-01_wp_corporate_restructuring\/\",\"name\":\"Notice Regarding Transfer of Investment Shares Involving Transfer of Consolidated Subsidiary - 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