{"id":5552,"date":"2022-12-05T11:15:29","date_gmt":"2022-12-05T02:15:29","guid":{"rendered":"https:\/\/www.sanyo-chemical.co.jp\/eng\/?p=5552"},"modified":"2022-12-05T11:15:29","modified_gmt":"2022-12-05T02:15:29","slug":"notice-of-change-in-equity-method-affiliate-partial-transfer-of-shares","status":"publish","type":"post","link":"https:\/\/www.sanyo-chemical.co.jp\/eng\/archives\/5552","title":{"rendered":"Notice of Change in Equity Method Affiliate (Partial Transfer of Shares)"},"content":{"rendered":"
Sanyo Chemical Industries Ltd. announces that it has resolved to transfer a portion of its shares in APB Corporation (Head Office: Chiyoda-ku, Tokyo; Representative director: Hideaki Horie; hereinafter called “APB”), an equity method affiliate, to TRIPLE-1, Inc.(Head Office: Hakata-ku, Fukuoka City, Fukuoka; President and CEO: Takuya Yamaguchi; hereinafter called “TRIPLE-1”), and has entered into a share transfer agreement.<\/p>\n
As a result, APB will no longer be our affiliates accounted for using the equity method.<\/p>\n
We will focus on research and development of functional materials for the battery industry, including polymer coated active materials, and contribute to the realization of a sustainable society by contributing to carbon neutrality through the supply of performance chemicals.<\/p>\n
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