Information

As announced in the “Notice Concerning Changes in Consolidated Subsidiaries (Transfer of Shares) and Recording of Extraordinary Losses” dated May 13, 2025, Mitsui Kinzoku Company, Limited (the “Company”) entered into a share transfer agreement to transfer all its shares in Mitsui Kinzoku ACT Corporation (“Mitsui Kinzoku ACT”) to HI-LEX CORPORATION (“HI-LEX”).
At that point, the date of the share transfer was scheduled to be in the period from October to December 2025. With the completion of procedures to obtain the license and authorization from relevant authorities that are required based on laws and regulations now approaching, the Company announces that the date of the share transfer has been determined based on an agreement with HI-LEX, as follows.

1. Date of share transfer November 4, 2025

2. Future outlook
As a result of the share transfer, Mitsui Kinzoku ACT is scheduled to be excluded from the scope of consolidation of the Company, and a provision for the loss on sale of shares in an affiliated company of 19.7 billion yen has already been recorded as an extraordinary loss in the first quarter of the fiscal year ending March 2026. In line with this, the Company is currently investigating the impact of the loss on sale of shares in an affiliated company on its results forecasts for the fiscal year ending March 31, 2026. The impact is expected to be minimal.

Please check the below PDF file for details.
Notice of Execution Date of Transfer of Shares in Mitsui Kinzoku ACT Corporation