Source disclosure: February 24, 2026
TAIHEIYO CEMENT CORPORATION [5233.T]
TOKYO, Feb 24 (Pulse News Wire) – Taiheiyo Cement Corporation (5233.T) decided to sell its entire stake in Jiangnan-Xiaodaitian Cement Limited Company to Nanjing Yadashunheng Building Materials Co., Ltd. Following the sale, Jiangnan-Xiaodaitian will be delisted from Taiheiyo's consolidated subsidiaries.
The transaction is expected to enhance the group’s corporate value by freeing up capital for more promising investment opportunities. Jiangnan-Xiaodaitian, located in Nanjing, China, specializes in cement manufacturing and sales. As of December 31, 2025, the company had a capital of $134.3 million. Established on March 12, 1993, the firm was previously held entirely by Taiheiyo Cement with a capital ratio of 88.51%.
Taiheiyo Cement’s decision follows the cessation of cement operations in China in February 2023 and ongoing efforts to dissolve the subsidiary. The proposed deal involves transferring the stake for approximately ¥1.340 billion (¥60 million yuan). Post-transfer, Taiheiyo will hold no shares in Jiangnan-Xiaodaitian. The board approved the share transfer, with the execution scheduled for sometime in March 2026.
According to preliminary estimates, the impact on Taiheiyo’s fiscal year 2026 third-quarter earnings forecast will be negligible.
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