Nabtesco delays hydraulic equipment business split closing date to January 2026

Nabtesco Corporation announced a change to the closing date for the share transfer of its hydraulic equipment business. Originally scheduled for December 2025, the closing date has been amended to January 2026. This delay is attributed to extended procedures for obtaining necessary permits and approvals.

The absorption-type company split involves Comtesco Corporation as the succeeding company, incorporated in August 2025 with a stated capital of 99 yen. Nabtesco will retain 100% of Comtesco's issued shares at the time of incorporation. The effective date for the absorption-type company split remains December 2025.

The company's board of directors resolved the change on December 11, 2025. Nabtesco expects the impact of this change on its operating results for the current fiscal year to be minor.