TOKYO, Mar 31 (Pulse News Wire) – Toda Kogyo Corp. (4100.T) announced today that it has postponed the stake transfer and joint venture dissolution of its subsidiary, BASF Toda Battery Material Goudou Kaisha, originally scheduled for February 26, 2026.
The new tentative dates will be communicated once finalized due to regulatory approval delays. The company stated that despite the postponement, its intention to proceed with the transaction remains unchanged.
As of now, the impact on the fiscal year ending March 2026 is still being assessed. Any significant developments will be disclosed promptly upon completion of the evaluation.
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