{"id":65144,"date":"2026-06-16T19:01:36","date_gmt":"2026-06-16T10:01:36","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/6493-20260616-01_wp_basic\/"},"modified":"2026-07-12T12:11:06","modified_gmt":"2026-07-12T03:11:06","slug":"6493-20260616-01_wp_basic","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-6493\/ir\/6493-20260616-01_wp_basic\/","title":{"rendered":"Notice Regarding Completion of the Change of Equity Method Affiliates to Consolidated Subsidiaries"},"content":{"rendered":"","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":"6493","jir_company_name":"NITTAN Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-06-16","jir_source_link":"[Placeholder]","jir_short_summary":"Completed the consolidation of Shinwa Seimitsu Co., Ltd. and three other subsidiaries. Due to changes in equity-method affiliates, RYS and STP are also scheduled to become consolidated subsidiaries. The transfer agreement date and execution date were\u5ef6\u671f\u30fb\u5909\u66f4, and the share transfer was completed on June 15, 2026. The impact on the fiscal year ending March 2027 from the first quarter onward is under assessment.","jir_summary":"### Overview of consolidation\nThis notice is a follow-up on changes involving equity-method affiliates and consolidation. It discloses that Shinwa Seimitsu Co., Ltd., along with RYS and STP Co., Ltd., are expected to become consolidated subsidiaries of NITTAN. Shinwa Seimitsu has a Korean presence; RYS is a 100% subsidiary of Shinwa Seimitsu, and STP is a Korean company related to Shinwa Seimitsu, with voting rights percentages of 51% and 26.01%, respectively. The signing date of the transfer agreement and the execution date of the share transfer were postponed, and the share transfer was completed on June 15, 2026. The effective consolidation start is expected to be the first quarter of the fiscal year ending March 2027, and the impact is currently being assessed.\n\n### Impact and outlook\nAs a result of this change, Shinwa Seimitsu, RYS, and STP are scheduled to become NITTAN\u2019s consolidated subsidiaries. While impacts are expected from the first quarter of the fiscal year ending March 2027, specific financial effects are under assessment, and any further disclosures will be made promptly if available. One factor for the change in transfer schedule is that negotiations on contract terms took longer than expected.","jir_financial_highlights":"Sales: 63,919 million KRW\nSales: 66,572 million KRW\nSales: 61,169 million KRW\nNet income: 6,820 million KRW","jir_category":"Partnerships & M&A","jir_hashtags":"#NITTAN, #Equity-methodAffiliates, #ConsolidatedSubsidiaries","jir_key_figures":"Shinwa Seimitsu Co., Ltd.: Sales 63,919 million KRW \u2192 66,572 million KRW \u2192 61,169 million KRW, Net income 6,820 million KRW \u2192 5,475 million KRW \u2192 6,500 million KRW\nRizhao Liucheng Shinwa Automobile Parts Co., Ltd.: Sales 53,373 million RMB \u2192 71,901 million RMB \u2192 95,519 million RMB, Net income 5,319 million RMB \u2192 4,603 million RMB \u2192 8,113 million RMB\nSTP Co., Ltd.: Sales 11,356 million KRW \u2192 12,989 million KRW \u2192 12,288 million KRW, Net income 1,125 million KRW \u2192 1,570 million KRW \u2192 1,273 million KRW","jir_meta_title":"\u3010NITTAN\u3011 Completed transfer of equity-method affiliates | Completion of consolidation and anticipated impacts","jir_meta_description":"NITTAN consolidates Shinwa Seimitsu, Rizhao Liucheng Shinwa Automobile Parts, and STP. Postponed transfer agreement execution culminated in share transfer on June 15, 2026. Assessing impacts from the first quarter of the fiscal year ending March 2027.","jir_og_title":"\u3010NITTAN\u3011 Consolidation of subsidiaries completed | Assessing future impacts","jir_og_description":"Shinwa Seimitsu, RYS, and STP newly consolidated. Impacts from 2027 onward are under assessment; details to be disclosed subsequently.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57840,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-65144","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 Completion of the Change of Equity Method Affiliates to Consolidated Subsidiaries - 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-6493\/ir\/6493-20260616-01_wp_basic\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-6493\/ir\/6493-20260616-01_wp_basic\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-6493\/ir\/6493-20260616-01_wp_basic\/\",\"name\":\"Notice Regarding Completion of the Change of Equity Method Affiliates to Consolidated Subsidiaries - 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