Increase investment ratio in AMTD and make AMTD a consolidated subsidiary via FTH (Hangzhou Daiwa Thermomagnetic Electronics Co., Ltd.). The share transfer will be conducted as a cash purchase by Hangzhou Borui Technology Co., Ltd., scheduled for 2026-11-30. 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The share transfer will be conducted as a cash purchase by Hangzhou Borui Technology Co., Ltd., scheduled for 2026-11-30. Impact on this fiscal year's results is expected to be minor.","jir_summary":"### Overview of Business and Organizational Restructuring\nAt a board meeting held today, it was resolved to increase the equity ratio in AMTD (Anhui Borxin Microelectronics Semiconductor Technology Co., Ltd.) via FTH (Hangzhou Daiwa Thermomagnetic Electronics Co., Ltd.), thereby making AMTD a consolidated subsidiary. AMTD manufactures and sells equipment for semiconductor devices, and is expected to increase revenue to customers who are manufacturers of production equipment. Through the transfer of investment from Hangzhou Borui Technology Co., Ltd. to AMTD, Ferrotec Corporation aims to strengthen its control and expand its product lineup.\n\n### Outlook and Impact on Shareholders\nThe share acquisition will be executed as a cash purchase, and the consideration is approximately 36 hundred million yen. The expansion of the consolidation scope due to AMTD's designation as a specific subsidiary is expected to broaden revenue opportunities, but the direct impact on this fiscal year's results is expected to be minor. Positioning AMTD as a long-term growth driver accompanying its business expansion is important.","jir_financial_highlights":"AMTD Capital: 3 hundred million CNY (approx. 71 hundred million yen) (None)\nAMTD Equity Ratio: 47.3%\u219267.6% (Increase (change in composition of total equity ratio of Hangzhou Borui Technology Co., Ltd.))\nConsideration for Acquisition: 150 million CNY (approx. 36 hundred million yen) (New acquisition)\nAMTD Recent 1-year Financial Position and Performance (Fiscal year ended March 2026): Net assets 5,762,177 thousand yen, Total assets 6,845,229 thousand yen, Net sales 478,872 thousand yen, Ordinary income -335,065 thousand yen, Net income -440,872 thousand yen (YoY comparison unknown (no YoY comparison in the main text))","jir_category":"","jir_hashtags":"#Ferrotec, #DesignationAsSpecificSubsidiary, #AMTD, #HangzhouBoruiTechnologyCoLtd","jir_key_figures":"AMTD Consideration for Acquisition: 150 million CNY (approx. 36 hundred million yen)\nAMTD Equity Ratio: 46.7% \u2192 67.6% (including subsequent fluctuations)\nShare Transfer Schedule: 2026-11-30 scheduled","jir_meta_title":"Ferrotec Corporation: Increase in Investment Ratio and Consolidation of AMTD\uff5cOctober 2026","jir_meta_description":"Ferrotec Corporation will increase its investment ratio in AMTD, an equity-method affiliate in China, making AMTD a consolidated subsidiary. The share transfer will be executed as a cash purchase to Hangzhou Borui Technology Co., Ltd. Impact on this fiscal year's results is expected to be minor.","jir_og_title":"Ferrotec Corporation to Consolidate AMTD as Specific Subsidiary\uff5cOctober 2026","jir_og_description":"Ferrotec Corporation resolved to increase its equity ratio in AMTD and make it a consolidated subsidiary. The share transfer is scheduled for 2026-11-30. Impact on this fiscal year's results is expected to be minor.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8880,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-132974","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n