{"id":124992,"date":"2026-09-30T16:14:23","date_gmt":"2026-09-30T07:14:23","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/1944-20260930-01_wp_corporate_restructuring\/"},"modified":"2026-09-30T16:14:23","modified_gmt":"2026-09-30T07:14:23","slug":"1944-20260930-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-1944\/ir\/1944-20260930-01_wp_corporate_restructuring\/","title":{"rendered":"Notice Regarding the Conversion of Kodensha Co., Ltd. into a Wholly Owned Subsidiary"},"content":{"rendered":"<p>The series of transactions to make Kodensha a wholly owned subsidiary has been completed. Following the successful tender offer, Kodensha became a wholly owned subsidiary as of today. After the share consolidation and the implementation of the treasury stock acquisition, our ownership of voting rights reached 100%. The impact on consolidated results is currently under review.<\/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":"1944","jir_company_name":"Kinden Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/1944-20260930-01.pdf","jir_short_summary":"The series of transactions to make Kodensha a wholly owned subsidiary has been completed. Following the successful tender offer, Kodensha became a wholly owned subsidiary as of today. After the share consolidation and the implementation of the treasury stock acquisition, our ownership of voting rights reached 100%. The impact on consolidated results is currently under review.","jir_summary":"### Overview of the matter\nWe hereby announce that the series of transactions to make Kodensha a wholly owned subsidiary has been completed today. After the successful tender offer and subsequent share consolidation, Kodensha has become our wholly owned subsidiary, and the treasury stock acquisition held by Kodensha has been implemented. As a result, the ownership percentage of voting rights for Kodensha has become 100.00%.\n\n### Future impact and disclosures\nThis transaction is a corporate restructuring aimed at making Kodensha a wholly owned subsidiary, and the impact on consolidated results is currently under review. If any material matters arise, we will promptly disclose them.","jir_financial_highlights":"Major shareholders of Kodensha and shareholding ratio: Mitsubishi Electric 51.4% (Unknown)\nKodensha consolidated net sales: 44,234 million yen (YoY Unknown)\nNet income attributable to owners of parent of Kodensha: 2,832 million yen (YoY Unknown)","jir_category":"","jir_hashtags":"#KindenCorporation, #ShareBuybackAndShareConsolidation, #WhollyOwnedSubsidiary","jir_key_figures":"Kodensha shareholder composition (current): Mitsubishi Electric 51.4%, Kodensha Employee Shareholding Association 3.5%\nKodensha consolidated net sales: 44,234 million yen\nNet income attributable to owners of parent of Kodensha: 2,832 million yen","jir_meta_title":"Kinden Corporation: Notice of Completion of Kodensha Becoming a Wholly Owned Subsidiary | September 2026","jir_meta_description":"Kinden Corporation has made Kodensha a wholly owned subsidiary. Through a share consolidation and treasury stock acquisition, Kodensha became a wholly owned subsidiary on the same date. Impact on consolidated results is TBD; further disclosures will follow.","jir_og_title":"Kodensha Becomes a Wholly Owned Subsidiary as Kinden Corporation Strengthens Consolidation | September 2026","jir_og_description":"Kinden Corporation has completed the series of transactions including a share consolidation to make Kodensha a wholly owned subsidiary. The impact on consolidated results is currently under review.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7480,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-124992","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 the Conversion of Kodensha Co., Ltd. into a Wholly Owned 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-1944\/ir\/1944-20260930-01_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-1944\/ir\/1944-20260930-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-1944\/ir\/1944-20260930-01_wp_corporate_restructuring\/\",\"name\":\"Notice Regarding the Conversion of Kodensha Co., Ltd. into a Wholly Owned Subsidiary - 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