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.