Source disclosure: January 23, 2026
KYOCERA CORPORATION [6971.T]
TOKYO, Jan 23 (Pulse News Wire) – KYOCERA Corporation (6971.T) announced today that the sale of its wholly-owned U.S. subsidiary, Kyocera Industrial Tools, Inc., to TL Sapphire Holdings, Inc., was completed as of January 22, 2026 Eastern Time.
The transaction involved the transfer of all shares of Kyocera Industrial Tools, Inc., with a total value of ¥754 billion. However, the final price could fluctuate due to adjustments based on the target's enterprise value, cash, liabilities, net working capital, and transaction costs. In a statement, CEO Hideo Yanamoto said, “This strategic move aligns with our long-term goals and enhances our focus on core competencies.” The company is currently assessing the impact of this divestiture on its fiscal year 2026 consolidated operating results.
Any significant findings will be promptly disclosed. KYOCERA also noted potential risks associated with future forecasts, including economic conditions, competitive pressures, supply chain disruptions, regulatory changes, environmental regulations, and natural disasters. The company emphasized that actual performance might differ significantly from projected outcomes due to various uncertainties.
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