KDDI Corporation plans to make IC Corporation a wholly owned subsidiary through a share exchange scheduled for May 15, 2026. The exchange ratio is set at 217 shares of KDDI per one share of IC Corporation.<\/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":"9435","jir_company_name":"KDDI Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-20","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/9435-20260420-01.pdf","jir_short_summary":"KDDI Corporation plans to make IC Corporation a wholly owned subsidiary through a share exchange scheduled for May 15, 2026. The exchange ratio is set at 217 shares of KDDI per one share of IC Corporation.","jir_summary":"### Overview of Complete Subsidiarization through Share Exchange\nKDDI Corporation, following a board of directors resolution on April 20, 2026, has resolved to make IC Corporation a wholly owned subsidiary through a share exchange and concluded a share exchange agreement on the same date. IC Corporation specializes in the sales of information and communication devices and PC servers; complete subsidiarization aims to strengthen collaboration with KDDI Group\u2019s corporate business and enhance sales capabilities. This share exchange will be conducted via a simplified share exchange procedure, under which KDDI Corporation does not require shareholder meeting approval, while IC Corporation will obtain approval at an extraordinary general meeting of shareholders on April 21, 2026.\n\n### Details of the Share Exchange and Future Outlook\nThe share exchange ratio is set at 217 shares of KDDI per one share of IC Corporation, using treasury stock held by KDDI Corporation. The treatment of fractional shares and cancellation of stock acquisition rights are also specifically stipulated. The impact of this share exchange on KDDI\u2019s consolidated financial results is considered minimal. Should any material matters arise that require disclosure, they will be promptly announced.","jir_financial_highlights":"Share Exchange Ratio: 1:217 (Unknown)\nNumber of Our Shares to be Delivered: 21,700 shares (planned) (Unknown)\nEffective Date of This Share Exchange: May 15, 2026 (planned) (Unknown)","jir_category":"","jir_hashtags":"#KDDICorporation, #M&A, #ShareExchange, #WhollyOwnedSubsidiary, #JapaneseStocks","jir_key_figures":"Share Exchange Ratio: 217 shares (KDDI) per 1 share (IC Corporation)\nScheduled Number of Shares to be Delivered: 21,700 shares (common stock of KDDI)\nEffective Date: May 15, 2026 (planned)","jir_meta_title":"KDDI Corporation Completes Wholly Owned Subsidiarization of IC Corporation via Share Exchange\uff5cMay 2026","jir_meta_description":"KDDI Corporation will make IC Corporation a wholly owned subsidiary through a share exchange effective May 15, 2026. The exchange ratio is planned at 217 shares per one share, aiming to strengthen the Group's corporate business.","jir_og_title":"KDDI Corporation Announces Wholly Owned Subsidiarization of IC Corporation\uff5cMay 2026","jir_og_description":"KDDI Corporation completes the wholly owned subsidiarization of IC Corporation via share exchange, a significant M&A to enhance sales strength and corporate value.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7400,"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-41464","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n