Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
To whom it may concern,
Company name: Mitsui Kinzoku Co., Ltd. Name of representative: NOU Takeshi,
November 11, 2025
President and Representative Director (Securities code: 5706; TSE Prime Market)
Inquiries: MITSUI Koki, General Manager of
Corporate Communications Department (Telephone: +81-3-5437-8028)
(Progress of Disclosed Matters) Notice regarding transfer of consolidated subsidiary (share transfer)
Mitsui Kinzoku Co., Ltd. (the "Company") hereby announces that it has completed the transfer of all shares of Mitsui Kinzoku ACT Co., Ltd. to Hi-Lex Corporation (hereinafter referred to as the "Share Transfer"), as announced in the " Notice Concerning Changes in Consolidated Subsidiaries (Transfer of Shares) and Recording of Extraordinary Losses" dated May 13, 2025, as described below.
Date of execution of share transfer November 4, 2025
Transfer price
The transfer price was expected to be 11,300 million yen as of the announcement on May 13, 2025, but has been adjusted in accordance with the share transfer agreement to be 13,325 million yen.
Recognition of extraordinary loss
As of the announcement on May 13, 2025, the Company had planned to record an extraordinary loss of 19,700 million yen associated with the share transfer. However, the Company now plans to record a loss on sale of shares of subsidiaries and associates of 18,839 million yen in the third quarter of the fiscal year ending March 31, 2026.
Impact on Earnings Forecast
As of the announcement on May 13, 2025, the initial estimated extraordinary loss of 19,700 million yen associated with the share transfer has been factored into the consolidated financial results forecast for the fiscal year ending March 31, 2026, and the completion of the transfer will have only a minor impact on the full-year consolidated financial results.