Nabtesco Corporation · TSE:6268

Nabtesco — Merger or Acquisition (July 2025)

9 slides from Nabtesco's merger presentation, Jul 31, 2025

  1. Slide 1: Company Split of the Hydraulic Equipment Business and Share Purchase Agreement with Comer Industries

    Innovation In Actit Nabtesco an > ror re moving it. stopping it. Securities Code : 6268 Company Split (Simplified Absorption-Type Company Split) of the Hydraulic Equipment Business and the Execution of the Share Purchase Agreement and the Shareholders’ Agreement with Comer Industries S.p.A. Nabtesco

  2. Slide 2: Background for this decision

    First of all, this slide shows the background for this decision. Following on “Vision for 2030”, we are executing our medium‐term management plan. In our mid‐term plan, “Improve profitability,” “Optimizing the balance of portfolio,” “Evolving to smart motion control” are three pillars. We are mappin

  3. Slide 3: Overview of Hydraulic equipment business

    This is the overview of Hydraulic equipment business. Our products are traveling units, control valves, swing units and piston pumps. Our market share for the traveling units are 25% globally under our assumption. As you can see, the sales was decreasing since 2021. You can find our office and manuf

  4. Slide 4: Time line of transaction

    This is the time line of transaction. Nabtesco will establish Comtesco corporation in first step, then we will split our business into Comtesco in coming October. We will transfer assets, debts, employees and rights duties. Our overseas subsidiaries of hydraulic equipment business will be subsidiari

  5. Slide 5: Outline of Comer Industries S.p.A.

    This is outlook for Comer Industries S.p.A. Comer is a manufacturing company in Italy. Matteo Storchi is a representative. Established in 1970 and listed on Euronext Millan. Capital stock is 18M Euro. Sales was 959M Euro in FY2024. Their applications are agricultural machinery, gear box for general

  6. Slide 6: Financial impact to our forecast

    This is a financial impact to our forecast. (B) is the forecast we announced today. Sales and profits after the company split is on (C) calculated in accordance with IFRS 5. Profit or loss from this share sale is under review. It might be change. 6

  7. Slide 7: Cash allocation under medium-term management plan

    This is our cash allocation under this medium‐term management plan before and after the company split. We will sell the 70% of shares of Comtesco to Comer. The cash from the transaction will be JPY 14.2 billion. Because the gain will be offset by the decrease of cash from the business, there are no

  8. Slide 8: Summary of today

    Summary of today. There are three qualitative effect 1. The hydraulic equipment business has the potential for further growth under new ownership 2. Promote optimization of portfolio balance and build a resilient corporate foundation 3. Concentrate resources to promote smart motion control to realiz

  9. Slide 9: Nabtesco

    ©Nabtesco Nabtesco moving it. stopping it.

Nabtesco — Merger or Acquisition (July 2025) on 6ix