The company's three specified subsidiaries—Kuroda Filtration Systems Technology (Shenzhen) Co., Ltd., Shanghai Kuroda Trading Co., Ltd., and Kuroda Manufacturing Vietnam Co., Ltd.—underwent capital reductions that resulted in their capitalization falling below 10% of the parent company's capital. Consequently, these three subsidiaries no longer qualify as specified subsidiaries under financial instruments exchange law. The capital reductions became effective on July 9, July 16, and October 8, 2025, respectively.
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Summary
The company's three specified subsidiaries—Kuroda Filtration Systems Technology (Shenzhen) Co., Ltd., Shanghai Kuroda Trading Co., Ltd., and Kuroda Manufacturing Vietnam Co., Ltd.—underwent capital reductions that resulted in their capitalization falling below 10% of the parent company's capital. Consequently, these three subsidiaries no longer qualify as specified subsidiaries under financial instruments exchange law. The capital reductions became effective on July 9, July 16, and October 8, 2025, respectively.