FTSVA is scheduled to repurchase and cancel 63,070,203 shares at 1.00 Chinese Yuan per share based on a profit compensation agreement. Implementation is expected around June 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 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":"6890","jir_company_name":"Ferrotec Holdings Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-04-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/6890-20260430-02.pdf","jir_short_summary":"FTSVA is scheduled to repurchase and cancel 63,070,203 shares at 1.00 Chinese Yuan per share based on a profit compensation agreement. Implementation is expected around June 2026.","jir_summary":"### Profit Compensation Agreement and Background\nOur consolidated subsidiary FTSVA entered into a profit compensation agreement with FTS, related to the performance results of its power semiconductor substrate manufacturing subsidiary FLH. Since FLH\u2019s realized net income fell below the previously agreed accepted net income amount, FTS will repurchase and cancel shares of FTSVA it holds. The number of compensated shares is 63,070,203, and the repurchase price is 1.00 Chinese Yuan per share. The compensation calculation is based on the actual results for fiscal year 2025.\n\n### Overview of Share Buyback and Cancellation and Future Procedures\nFTSVA plans to execute the share repurchase and cancellation around June 2026 following shareholder meeting resolution and completion of procedures with Chinese authorities. This will reduce FTS\u2019s ownership ratio in FTSVA from 52.67% to 48.28%. This transaction is a share transfer between subsidiaries and will have no impact on our consolidated profit or loss. There is no change to the group\u2019s asset disposal policy or its share buyback policy.","jir_financial_highlights":"Number of Shares Repurchased and Cancelled: 63,070,203 shares (Unknown)\nRepurchase Price (Total): 1.00 Chinese Yuan (Unknown)\nFTS Ownership Ratio in FTSVA (After this transaction): 48.28% (Decline from current 52.67%)","jir_category":"","jir_hashtags":"#Ferrotec, #ShareBuyback, #ChineseSubsidiary, #ProfitCompensationAgreement","jir_key_figures":"Compensated Shares: 63,070,203 shares\nRepurchase Price: 1.00 Chinese Yuan (Total)\nFTS Ownership Ratio in FTSVA: Current 52.67% \u2192 Post-transaction 48.28%","jir_meta_title":"[Ferrotec] Share Buyback of 63 Million Shares Under Profit Compensation Agreement\uff5cApril 2026","jir_meta_description":"Ferrotec\u2019s Chinese subsidiary FTSVA plans to repurchase and cancel 63,070,203 shares at 1.00 Chinese Yuan based on a profit compensation agreement. Implementation is expected around June 2026 with minimal impact on consolidated earnings.","jir_og_title":"[Ferrotec] Share Buyback Under Profit Compensation Agreement\uff5cApril 2026","jir_og_description":"FTSVA plans to repurchase and cancel 63 million shares based on a profit compensation agreement. Impact on consolidated earnings is minimal.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8880,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-43938","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n