{"id":123454,"date":"2026-09-28T10:02:36","date_gmt":"2026-09-28T01:02:36","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7238-20260928-01_wp_corporate_restructuring\/"},"modified":"2026-09-28T10:02:36","modified_gmt":"2026-09-28T01:02:36","slug":"7238-20260928-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7238\/ir\/7238-20260928-01_wp_corporate_restructuring\/","title":{"rendered":"Notice of Completion of Change in Consolidated Subsidiary (Transfer of Equity Interest and Third-Party Allotment)"},"content":{"rendered":"<p>The transfer of Guangzhou Shuguang Brake Co., Ltd. and the third-party allotment have been completed. A gain on sale of investment in an affiliate is expected to be recorded in the consolidated financial statements for the fiscal year ending March 2027, the entity will be reclassified to an equity-method affiliate, and the impact on full-year results is expected to be minor.<\/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":"7238","jir_company_name":"Akebono Brake Industry Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/7238-20260928-01.pdf","jir_short_summary":"The transfer of Guangzhou Shuguang Brake Co., Ltd. and the third-party allotment have been completed. A gain on sale of investment in an affiliate is expected to be recorded in the consolidated financial statements for the fiscal year ending March 2027, the entity will be reclassified to an equity-method affiliate, and the impact on full-year results is expected to be minor.","jir_summary":"### Completion of Transactions and Financial Impact\nThe series of transactions relating to the transfer of equity in Guangzhou Shuguang Brake Co., Ltd. and the third-party allotment announced on April 17, 2026 were completed with the transfer registration on July 2, the third-party allotment on September 21, and the settlement procedures on September 25. Accordingly, a gain on sale of investment in an affiliate of 3 hundred million yen is expected to be recorded in the consolidated financial statements for the fiscal year ending March 2027, and 10 hundred million yen is expected to be recorded in the non-consolidated financial statements. Guangzhou Shuguang is scheduled to be reclassified from a consolidated subsidiary to an equity-method affiliate at the end of the second quarter of the fiscal year ending March 2027, and the impact on full-year results is expected to be minor.\n\n### Outlook and Points to Note\nThe financial effect resulting from the completion of these transactions is considered limited, and the timing of the reclassification is expected to have only a minor impact. Specific figures are expected to continue to be disclosed in future financial announcements.","jir_financial_highlights":"Gain on sale of investment in affiliate (consolidated): 3 hundred million yen (Unknown)\nGain on sale of investment in affiliate (non-consolidated): 10 hundred million yen (Unknown)","jir_category":"","jir_hashtags":"#AkebonoBrakeIndustryCoLtdIR, #CorporateRestructuring, #CapitalTieUp","jir_key_figures":"Gain on sale of investment in affiliate (consolidated): 3 hundred million yen\nGain on sale of investment in affiliate (non-consolidated): 10 hundred million yen\nTiming of reclassification: End of the second quarter of the fiscal year ending March 2027","jir_meta_title":"Akebono Brake Industry Co., Ltd. \u2014 Completion of Change in Consolidated Subsidiary; Expected Gain on Sale of Investment in Affiliate\uff5cFiscal Year Ending March 2027","jir_meta_description":"Akebono Brake Industry Co., Ltd. reports completion of the transfer and third-party allotment for Guangzhou Shuguang Brake Co., Ltd. A gain on sale of investment in an affiliate is expected to be recorded in the consolidated results for the fiscal year ending March 2027. The reclassification is expected to have a minor impact.","jir_og_title":"Akebono Brake Industry Co., Ltd. \u2014 Completion of Change in Consolidated Subsidiary and Expected Sale Gain","jir_og_description":"With the completed transfer and allotment, the impact on the fiscal year ending March 2027 is minor. The expected gain on sale of investment in an affiliate is disclosed.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57173,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-123454","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 of Completion of Change in Consolidated Subsidiary (Transfer of Equity Interest and Third-Party Allotment) - 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-7238\/ir\/7238-20260928-01_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-7238\/ir\/7238-20260928-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7238\/ir\/7238-20260928-01_wp_corporate_restructuring\/\",\"name\":\"Notice of Completion of Change in Consolidated Subsidiary (Transfer of Equity Interest and Third-Party Allotment) - 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