A new company, Nichu Tech Co., Ltd., will be established and an absorption-type company split will transfer the ductile iron pipe (straight pipe) manufacturing business to Nichu Tech. Nippon Chutetsukan K.K. will hold 80.1% and Kubota will hold 19.9% after the capital allocation. The joint venture will take over manufacturing and sales of ductile iron pipes under the new company, aiming to improve productivity and reduce CO2 emissions. The new company was established on June 10, 2026, and the split is scheduled to take effect on January 4, 2027.<\/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":"5612","jir_company_name":"Nippon Chutetsukan K.K.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-05","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/5612-20261005-01.pdf","jir_short_summary":"A new company, Nichu Tech Co., Ltd., will be established and an absorption-type company split will transfer the ductile iron pipe (straight pipe) manufacturing business to Nichu Tech. Nippon Chutetsukan K.K. will hold 80.1% and Kubota will hold 19.9% after the capital allocation. The joint venture will take over manufacturing and sales of ductile iron pipes under the new company, aiming to improve productivity and reduce CO2 emissions. The new company was established on June 10, 2026, and the split is scheduled to take effect on January 4, 2027.","jir_summary":"### Overview of the Organizational Restructuring\nThe key points are explained regarding the establishment of Nichu Tech Co., Ltd. and the absorption-type company split under which Nippon Chutetsukan K.K. will transfer its ductile iron pipe (straight pipe) manufacturing business to the new company. Nippon Chutetsukan K.K. was the 100% investor in the new company prior to this transaction; after the capital allocation it will hold 80.1% and Kubota will hold 19.9%. The board of directors of the new company is planned to include four directors from Nippon Chutetsukan K.K. and one director from Kubota, and each party will appoint one statutory auditor.\n\n### Start of the Joint Venture and Outlook\nThe new company will be responsible for manufacturing ductile iron pipes and will collaborate with Kubota to improve productivity and profitability. It will also work on carbon neutrality measures including reducing CO2 emissions. Financial outlook for the joint venture is TBD, but profit improvement is expected through integration of both companies' facilities. Establishment, investment and commencement of the new joint venture are scheduled for January 4, 2027.","jir_financial_highlights":"New company establishment date: June 10, 2026 (Unknown)\nNew company capital: 30 million yen (At establishment)\nShareholding ratio (successor company): 80.1%, 19.9% (Initial \u2192 After investment)","jir_category":"","jir_hashtags":"#NipponChutetsukan, #CorporateRestructuring, #JointVenture, #AbsorptionTypeCompanySplit","jir_key_figures":"New company capital: 30 million yen (successor company)\nNew company shareholding ratio: Nippon Chutetsukan K.K. 80.1%, Kubota 19.9%\nNew company establishment date: June 10, 2026","jir_meta_title":"Nippon Chutetsukan K.K. \u2014 Establishment of New Company and Start of Absorption-Type Split \/ Joint Venture | Scheduled to Start Jan 2027","jir_meta_description":"Nippon Chutetsukan K.K. will establish Nichu Tech Co., Ltd. and transfer its manufacturing business via an absorption-type company split. Shareholding will be 80.1% : 19.9% with Kubota. The new joint venture is scheduled to commence on January 4, 2027, aiming to boost productivity and reduce CO2 emissions.","jir_og_title":"Establishment of New Company and Start of Joint Venture | Organizational Restructuring by Nippon Chutetsukan K.K.","jir_og_description":"Nippon Chutetsukan K.K. will transfer its manufacturing business to Nichu Tech through an absorption-type company split and form a joint venture with Kubota, scheduled to start on January 4, 2027.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59893,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-127453","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n