{"id":147749,"date":"2026-11-10T20:40:33","date_gmt":"2026-11-10T11:40:33","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/3422-20261110-03_wp_corporate_restructuring\/"},"modified":"2026-11-10T20:40:33","modified_gmt":"2026-11-10T11:40:33","slug":"3422-20261110-03_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-3422\/ir\/3422-20261110-03_wp_corporate_restructuring\/","title":{"rendered":"Notice Regarding Reorganization of Capital Relationships at Overseas Subsidiary"},"content":{"rendered":"<p>By acquiring additional interests, Fujian Wanshun New Energy Vehicle Technology Co., Ltd. will become a wholly owned subsidiary. J-MAX Co.,Ltd.&#8217;s direct ownership will change from 66.8% to 100%, with the acquisition date scheduled for late December 2026. The impact on performance is expected to be minimal.<\/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":"3422","jir_company_name":"J-MAX Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-11-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/3422-20261110-03.pdf","jir_short_summary":"By acquiring additional interests, Fujian Wanshun New Energy Vehicle Technology Co., Ltd. will become a wholly owned subsidiary. J-MAX Co.,Ltd.'s direct ownership will change from 66.8% to 100%, with the acquisition date scheduled for late December 2026. The impact on performance is expected to be minimal.","jir_summary":"### Overview of Capital Relationship Reorganization\nJ-MAX Co.,Ltd. plans to acquire additional interests in Fujian Wanshun New Energy Vehicle Technology Co., Ltd., currently held by consolidated subsidiary Guangzhou Wanshun, and make Fujian Wanshun a wholly owned subsidiary. After the acquisition, J-MAX Co.,Ltd.'s ownership will be 100.0%, aiming to clarify capital relationships and optimally allocate management resources to support the medium- to long-term growth strategy of the electrification business. The acquisition date is scheduled for late December 2026.\n\n### Impact on Performance and Future Schedule\nFujian Wanshun is already a consolidated subsidiary, and the impact of this matter on the current consolidated results is expected to be minimal. We will promptly announce any additional disclosure items related to this reorganization as they arise. Decision date: 2026-11-10; acquisition date: late December 2026 (planned); ownership after reorganization: 100.0% (planned).","jir_financial_highlights":"Direct ownership ratio: 100.0% (66.8%\u2192100.0% (planned))\nPurpose of capital relationship reorganization: Unknown (Unknown)","jir_category":"","jir_hashtags":"#NotAShareBuybackButCapitalReorganization, #OverseasSubsidiary, #CapitalPolicy\/OrganizationalRestructuring","jir_key_figures":"Direct ownership ratio: 100.0%\nCurrent direct ownership ratio: 66.8%\nPlanned acquisition date: late December 2026","jir_meta_title":"J-MAX Co.,Ltd. Announces Reorganization of Capital Relationships for Overseas Subsidiary\uff5cNovember 2026","jir_meta_description":"J-MAX Co.,Ltd. will acquire additional interests in consolidated subsidiary Fujian Wanshun New Energy Vehicle Technology Co., Ltd., making it a wholly owned subsidiary. The acquisition is scheduled for late December 2026, and the impact is expected to be minimal.","jir_og_title":"J-MAX Co.,Ltd. to Make Overseas Subsidiary a Wholly Owned Subsidiary\uff5cNovember 2026","jir_og_description":"J-MAX Co.,Ltd. will acquire additional interests in Fujian Wanshun New Energy Vehicle Technology Co., Ltd., making it a wholly owned subsidiary. Acquisition scheduled for late December. 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