Source disclosure: February 12, 2026
Lion Corporation [4912.T]
TOKYO, Feb 12 (Kyodo) - Lion Corporation, represented by Chairman and CEO Seiji Takeshi, announced today that it has decided to transfer all of its shares held in Lion Specialty Chemicals Co., Ltd. (LSC), and LSC's subsidiary PT. IPOSHA INDONESIA (IPI), to a special purpose company, AP88 Corp., formed by a fund managed by Advantech Partners Co. The agreement was finalized on the same day following approval during a board meeting held earlier.
The decision is part of Lion Corporation’s ongoing efforts to strengthen its portfolio management as outlined in its mid-term business plan "Vision 2030 2nd Stage," which aims to enhance profitability. After careful consideration, the company concluded that placing these subsidiaries under Advantech Partners would provide them with more flexible and bold strategic options necessary for sustained growth amid significant market changes. This move is expected to contribute positively to their future development.
Lion Specialty Chemicals Co., Ltd. operates from Tokyo and specializes in manufacturing and selling chemicals, industrial products, household items, agricultural supplies, and food additives. As of December 31, 2025, LSC had a capital of 4 billion yen and reported sales 9 billion yen for the fiscal year ending December 2025. On the other hand, PT. IPOSHA INDONESIA, located in Jakarta, Indonesia, focuses on chemical agent sales and recorded revenues of $4 million for the same period. Both companies will be fully divested by June 30, 2026, marking the end of Lion Corporation's ownership stake.
The transaction price is set at 189 billion yen, subject to adjustments based on net interest-bearing liabilities and working capital. The transfer is scheduled to take effect on June 30, 2026. Lion Corporation stated that the impact of this divestiture has been factored into its forecasted consolidated performance for the fiscal year ending December 2026.
Note: Financial figures from the earnings presentation have been removed pending correction. For accurate figures, refer to the company's earnings summary (kessan tanshin) filed separately on TDNet.
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