Kanadevia Corporation and Nippon Steel Engineering Co., Ltd. have terminated the memorandum of understanding regarding consideration of a business integration. The reason for termination is difficulty reaching agreement on integration terms; there is no impact on consolidated results.<\/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":"7004","jir_company_name":"Kanadevia Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-09-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/7004-20260929-02.pdf","jir_short_summary":"Kanadevia Corporation and Nippon Steel Engineering Co., Ltd. have terminated the memorandum of understanding regarding consideration of a business integration. The reason for termination is difficulty reaching agreement on integration terms; there is no impact on consolidated results.","jir_summary":"### Termination of Business Integration Discussions\nToday, Kanadevia Corporation and Nippon Steel Engineering Co., Ltd. each resolved at their respective boards of directors to terminate the \"Memorandum of Understanding on Consideration of Business Integration\" concluded on February 5, 2026. The reason for termination is that the two companies were unable to reach agreement on various conditions related to the business integration. Accordingly, discussions and consultations toward integration will be concluded.\n\n### Impact on Performance and Going Forward\nIt is stated that the termination of the memorandum and the conclusion of discussions will not affect Kanadevia's consolidated financial results. Future business strategy and direction for partnerships have not been specified, but with the end of integration consideration, the company may concentrate on advancing individual business strategies.","jir_financial_highlights":"Impact on consolidated results: Unknown (Unknown)","jir_category":"","jir_hashtags":"#KanadeviaCorporation, #DisclosureUpdate, #TerminationOfIntegrationDiscussions","jir_key_figures":"Impact on consolidated results: Unknown\nDate of termination: Unknown\nReason for failure to agree and future policy: Unknown","jir_meta_title":"Kanadevia Corporation Announces Termination of Memorandum of Understanding on Business Integration | September 29, 2026","jir_meta_description":"Kanadevia Corporation and Nippon Steel Engineering have announced the termination of the memorandum of understanding regarding a potential business integration due to difficulties reaching agreement. No impact on financial results is expected. Attention turns to future business stance.","jir_og_title":"Kanadevia Corporation Announces Termination of Integration Discussions | September 29, 2026","jir_og_description":"Kanadevia Corporation has terminated the memorandum of understanding with Nippon Steel Engineering regarding business integration consideration. No impact on results is expected. Monitor future strategic developments.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9160,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-124339","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n