{"id":21394,"date":"2026-01-28T16:46:20","date_gmt":"2026-01-28T07:46:20","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/5451-20260128-01_wp_m_and_a_alliance\/"},"modified":"2026-01-28T16:46:20","modified_gmt":"2026-01-28T07:46:20","slug":"5451-20260128-01_wp_m_and_a_alliance","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260128-01_wp_m_and_a_alliance\/","title":{"rendered":"Notice Regarding Conclusion of Basic Agreement for Transfer of Equity Interest in Consolidated Subsidiary"},"content":{"rendered":"<p>Yodoko Corporation concluded a basic agreement on January 28, 2026, to transfer 95% equity interest in its consolidated subsidiary, Yodogawa Seiyo (Hefei) High-tech Steel Sheet Co., Ltd., to Shanghai Qin Heng International Trade Co., Ltd.<\/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,"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":"5451","jir_company_name":"Yodoko Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/5451-20260128-01.pdf","jir_short_summary":"Yodoko Corporation concluded a basic agreement on January 28, 2026, to transfer 95% equity interest in its consolidated subsidiary, Yodogawa Seiyo (Hefei) High-tech Steel Sheet Co., Ltd., to Shanghai Qin Heng International Trade Co., Ltd.","jir_summary":"### Overview of Equity Transfer\nYodoko Corporation has concluded a basic agreement on January 28, 2026, for the transfer of all or part of its equity interest in its consolidated subsidiary, Yodogawa Seiyo (Hefei) High-tech Steel Sheet Co., Ltd. (YSS). The transfer target is 95% equity interest (74.09% held by the company, 20.91% by SYSCO), and the transfer price is currently under negotiation. YSS engages in the manufacture and sale of galvanized steel sheets and color steel sheets for the Chinese market, but both sales and operating income have been declining in recent years, resulting in ongoing losses.\n\n### Outlook and Impact\nThe equity transfer agreement is scheduled to be concluded on April 24, 2026, with the transfer execution expected in late June 2026. If the transfer is executed, a loss on sale of investment securities is expected to be recorded in the individual financial statements; however, the impact on consolidated financial results is anticipated to be minimal. Details regarding the transfer price and impact amount will be promptly disclosed once available. This equity transfer is positioned as part of efforts to enhance corporate value through selection and concentration of management resources in overseas businesses.","jir_financial_highlights":"Equity Interest to be Transferred: 95.00% (Decrease from 100.00% before transfer)\nTransfer Price: Currently under negotiation (Unknown)\nYSS Company Sales (Fiscal Year Ending December 2024): 466,009 thousand RMB (10,098 million JPY) (Year-over-Year decrease)\nYSS Company Operating Income (Fiscal Year Ending December 2024): \u25b226,317 thousand RMB (\u25b2570 million JPY) (Continued deficit)\nScheduled Transfer Date: Late June 2026 (planned) (New)","jir_category":"","jir_hashtags":"#YodokoCorporation, #M&A, #ConsolidatedSubsidiaryEquityTransfer, #JapaneseStocks","jir_key_figures":"Equity Interest to be Transferred: 95.00% (voting rights ownership ratio)\nTransfer Price: Currently under negotiation\nScheduled Transfer Date: Late June 2026 (planned)","jir_meta_title":"Yodoko Corporation Announces Conclusion of Basic Agreement for 95% Equity Transfer of Consolidated Subsidiary","jir_meta_description":"Yodoko Corporation concluded a basic agreement on January 28, 2026, to transfer 95% equity interest of its consolidated subsidiary Yodogawa Seiyo (Hefei) High-tech Steel Sheet Co., Ltd. to Shanghai Qin Heng International Trade Co., Ltd. The transfer price is currently under negotiation, and the transfer is scheduled for late June 2026.","jir_og_title":"Yodoko Corporation Concludes Basic Agreement for Equity Transfer of Consolidated Subsidiary","jir_og_description":"Yodoko Corporation has concluded a basic agreement for transfer of 95% equity interest in its consolidated subsidiary. The transfer is scheduled for late June 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8934,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-21394","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 Conclusion of Basic Agreement for Transfer of Equity Interest in Consolidated 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-5451\/ir\/5451-20260128-01_wp_m_and_a_alliance\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260128-01_wp_m_and_a_alliance\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260128-01_wp_m_and_a_alliance\/\",\"name\":\"Notice Regarding Conclusion of Basic Agreement for Transfer of Equity Interest in Consolidated Subsidiary - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-01-28T07:46:20+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260128-01_wp_m_and_a_alliance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260128-01_wp_m_and_a_alliance\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260128-01_wp_m_and_a_alliance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Notice Regarding Conclusion of Basic Agreement for Transfer of Equity Interest in Consolidated Subsidiary\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Notice Regarding Conclusion of Basic Agreement for Transfer of Equity Interest in Consolidated Subsidiary - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260128-01_wp_m_and_a_alliance\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260128-01_wp_m_and_a_alliance\/","url":"https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260128-01_wp_m_and_a_alliance\/","name":"Notice Regarding Conclusion of Basic Agreement for Transfer of Equity Interest in Consolidated Subsidiary - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2026-01-28T07:46:20+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260128-01_wp_m_and_a_alliance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260128-01_wp_m_and_a_alliance\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-5451\/ir\/5451-20260128-01_wp_m_and_a_alliance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"Notice Regarding Conclusion of Basic Agreement for Transfer of Equity Interest in Consolidated Subsidiary"}]},{"@type":"WebSite","@id":"https:\/\/japanir.jp\/en\/#website","url":"https:\/\/japanir.jp\/en\/","name":"Japan IR","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japanir.jp\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"related_company_data":{"id":"8934","title":"YODOKO LTD","ticker":"5451"},"_links":{"self":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/21394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release"}],"about":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/types\/ir_release"}],"replies":[{"embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/comments?post=21394"}],"version-history":[{"count":0,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/21394\/revisions"}],"wp:attachment":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/media?parent=21394"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/sector?post=21394"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/importance?post=21394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}