Notice Regarding the Establishment of a Subsidiary | YAMAURA CORPORATION (1780) timely disclosure

Worth reading

30Immaterial

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Direction

Neutral

Direction inferred from the company’s description.

Scale

¥100 million

Wording

Avoiding a definitive answer

How definitive the wording is.

This transaction

Establishment of Subsidiaries

Disclosing companyYAMAURA CORPORATION

株式会社 FTT マネジメントVoting rights ownership percentage

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.

TimelineThe spacing between the points is proportional to the actual number of days.

Target company

Management, planning and operation, and sales of accommodation, restaurant and other facilities based in Tomi City, Nagano Prefecture

Location Tomi City, Nagano PrefectureShare capital ¥200 million (planned)Date of incorporation 18 May 2026 (planned)

Impact on Business Performance

The impact on results for the fiscal year ending March 2027 will be immaterial.

Procedures and assumptions

Management structure after acquisitionThe corporate name will be 株式会社 FTT マネジメント, and the representative will be Isaki Hirofumi (井崎博文). An outsourcing agreement is scheduled to be executed. Employee treatment: not disclosed

This transaction
Item	Details
Transaction name	Establishment of Subsidiaries
Name of the Subject Company	株式会社 FTT マネジメント
Business Description of the Subject Company	Management, planning and operation, and sales of accommodation, restaurant and other facilities based in Tomi City, Nagano Prefecture
Location of the Subject Company	Tomi City, Nagano Prefecture
Capital Stock of the Subject Company	¥200 million (planned)
Date of Establishment of the Subject Company	18 May 2026 (planned)
Voting rights ownership percentage	After 100% (予定) (before not disclosed)
Impact on Business Performance	The impact on results for the fiscal year ending March 2027 will be immaterial.
Date of board resolution	16 April 2026
Execution Date / Effective Date	18 May 2026 (planned)
Management structure after acquisition	The corporate name will be 株式会社 FTT マネジメント, and the representative will be Isaki Hirofumi (井崎博文). An outsourcing agreement is scheduled to be executed. Employee treatment: not disclosed

Items this document does not state (21)

Counterparty nameNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

YAMAURA CORPORATION determined that it would be reasonable to conduct transactions through a subsidiary in operating and managing facilities owned by Tomi City, Nagano Prefecture. It also plans to enter into an outsourcing agreement with the subsidiary.

How to read this page

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