Kitz Corporation resolved to acquire all 886,400 shares of V-Tech Corporation for 9,198 million yen and make it a subsidiary, with the share transfer scheduled for June 1, 2026.<\/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 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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":"6498","jir_company_name":"Kitz Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/6498-20260326-01.pdf","jir_short_summary":"Kitz Corporation resolved to acquire all 886,400 shares of V-Tech Corporation for 9,198 million yen and make it a subsidiary, with the share transfer scheduled for June 1, 2026.","jir_summary":"### Overview of the M&A\nKitz Corporation resolved at the Board of Directors meeting held on March 26, 2026, to acquire all 886,400 shares of V-Tech Corporation held by Kanadevia Corporation and make it a subsidiary. The acquisition price is 9,198 million yen for the shares, plus approximately 170 million yen including advisory fees, totaling approximately 9,368 million yen. The share transfer execution date is scheduled for June 1, 2026. V-Tech\u2019s main businesses are manufacturing industrial special valves and rupture discs, with a particular strength in vacuum valve technology related to semiconductors.\n\n### Impact on Shareholders and Future Outlook\nThrough this acquisition, the Company will acquire all shares of V-Tech, increasing its voting rights ownership from 0% to 100%. This will strengthen the vacuum valve business in the semiconductor field, aiming to establish a medium- to long-term growth foundation. The impact on consolidated financial results due to the acquisition is currently under review and will be promptly disclosed as necessary.","jir_financial_highlights":"Number of Shares Acquired: 886,400 shares (Ownership changed from 0 shares before acquisition to 100.0%)\nAcquisition Amount: 9,198 million yen (Unknown)\nNet Sales (V-Tech Fiscal Year Ending March 2025): 8,502 million yen (Unknown)\nOperating Income (V-Tech Fiscal Year Ending March 2025): 395 million yen (Unknown)\nNet Income (V-Tech Fiscal Year Ending March 2025): 363 million yen (Unknown)","jir_category":"","jir_hashtags":"#KitzCorporation, #M&A, #Subsidiarization, #JapaneseStocks","jir_key_figures":"Number of Shares Acquired: 886,400 shares (100.0% voting rights ownership)\nAcquisition Amount: 9,198 million yen (share acquisition price)\nShare Transfer Execution Date: June 1, 2026 (scheduled)","jir_meta_title":"Kitz Corporation Resolves to Make V-Tech Corporation a Subsidiary for 9,198 Million Yen","jir_meta_description":"Kitz Corporation has resolved to acquire all 886,400 shares of V-Tech Corporation for 9,198 million yen and make it a subsidiary, aiming to strengthen its vacuum valve business in the semiconductor field.","jir_og_title":"Kitz Corporation to Make V-Tech Its Subsidiary","jir_og_description":"Kitz Corporation has acquired all shares of V-Tech Corporation and decided to make it a subsidiary. The acquisition amount is 9,198 million yen, with the share transfer scheduled for June 1, 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9244,"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-36663","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n