MANAC Chemical Partners Co.,Ltd (TSE:4360) agreed to acquire 99.90% stake in Kinkai Chemicals Co.,Ltd. from Teijin Limited (TSE:3401) on October 30, 2025. As part of acquisition, 164,840 shares will be acquired.
For the period ending March 31, 2025, Kinkai Chemicals Co.,Ltd. reported net sales of ¥691 million and operating income of ¥55 million. As of March 31, 2025, Kinkai Chemicals Co.,Ltd. reported total assets of ¥1.15 billion and net assets of ¥863 million.
The expected completion of the transaction is March 31, 2026.
MANAC Chemical Partners Co.,Ltd (TSE:4360) completed the acquisition of 99.90% stake in Kinkai Chemicals Co.,Ltd. from Teijin Limited (TSE:3401) on March 31, 2026.
MANAC INCORPORATED is a Japan-based company mainly engaged in the manufacture and sale of chemical products. The Company operates through three business segments. The products are used in all industrial fields such as flame retardants, medicines, reagents, information technology (IT) materials and industrial chemicals. The Fine Chemicals segment manufactures and sells a wide variety of specialty medicines, agricultural chemicals, functional materials used in high-tech fields, electronic materials, and intermediates in the information-related field. The Flame Retardants segment manufactures and sells flame retardants for plastics and related products used in industries such as electrical appliances, office automation (OA) equipment and automotive parts. The Health Support segment manufactures and sells raw materials and reagents for artificial dialysis drugs.