Announcement of the decision on the successor company and an absorption-type company split for business succession. The cutting tool sales business will be transferred to a 100% owned subsidiary; the successor company is Tools Preparation Company. Representative is Hideshi Hagiya, establishment date October 28, 2026, capital 100 thousand yen, issued shares 10 shares, fiscal year-end March 31, major shareholder is the Company at 100%.<\/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":"5711","jir_company_name":"Mitsubishi Materials Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-10-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/5711-20261028-01.pdf","jir_short_summary":"Announcement of the decision on the successor company and an absorption-type company split for business succession. The cutting tool sales business will be transferred to a 100% owned subsidiary; the successor company is Tools Preparation Company. Representative is Hideshi Hagiya, establishment date October 28, 2026, capital 100 thousand yen, issued shares 10 shares, fiscal year-end March 31, major shareholder is the Company at 100%.","jir_summary":"### Overview of Succession Plan\nMitsubishi Materials Corporation has announced that the domestic cutting tool sales business owned by its subsidiary MOLDINO will be transferred to a 100% owned subsidiary by means of an absorption-type company split, and the successor company has been decided as \"Tools Preparation Company, Inc.\" The successor company's representative is Hideshi Hagiya, capital is 100 thousand yen, establishment date is October 28, 2026, location is Saitama City, Saitama Prefecture, and the major shareholder is Mitsubishi Materials Corporation with 100% ownership.\n\n### Impact and Future Actions\nThis succession will be carried out as organizational restructuring and a company split, and is expected to integrate and streamline business functions by transferring the sales and usage support related business of cutting tools. The release does not specify the detailed schedule, costs, or concrete impacts, which remain unknown.","jir_financial_highlights":"Capital: 100 thousand yen (Unknown)\nIssued Shares: 10 shares (Unknown)","jir_category":"","jir_hashtags":"#ShareBuyback, #ExecutivePersonnel","jir_key_figures":"Capital: 100 thousand yen (Unknown if not specified)\nIssued Shares: 10 shares (Unknown if not specified)\nMajor Shareholder: The Company 100% (Unknown if not specified)","jir_meta_title":"Mitsubishi Materials Corporation \u2013 Notice on Establishment of Successor Company and Business Succession\uff5cOctober 2026","jir_meta_description":"Mitsubishi Materials Corporation will implement an absorption-type company split to transfer its cutting tool sales business. Successor company \"Tools Preparation Company\" established; Representative Director Hideshi Hagiya; capital 100 thousand yen; issued shares 10 shares; wholly owned subsidiary.","jir_og_title":"Notice on Business Succession by Mitsubishi Materials Corporation\uff5cOctober 2026","jir_og_description":"An absorption-type company split will be executed to transfer the cutting tool sales business. Successor is Tools Preparation Company; Representative Director Hideshi Hagiya; capital 100 thousand yen.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7934,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-135510","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n