Komori
M&A and Subsidiary Changes1802OBAYASHI CORPORATIONConstruction and Materials

Notice Concerning the Establishment of a Subsidiary (Sub-subsidiary) by a Consolidated Subsidiary

Thai Obayashi, a consolidated subsidiary of OBAYASHI CORPORATION, will jointly establish a hotel operating company with Thailand's SPI. Thai Obayashi will contribute 60% and SPI 40%, and the new company is scheduled to become a specified subsidiary of OBAYASHI CORPORATION.

Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
26
億タイバーツ(約120億円(予定))
Wording
Conditional
How definitive the wording is.

This transaction

Establishment of a subsidiary (sub-subsidiary)
CounterpartySaha Pathana Inter-Holding Public Company Limited(SPI社)
Disclosing companyOBAYASHI CORPORATION
(仮)Ratchadamri Hospitality Management Company LimitedVoting 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.140 days from 決議 to 実行.White points represent dates designated as scheduled dates in the document.
Target company

バンコック都パトゥムワン区ラチャダムリ通りにおいて計画中の複合施設内で実施するホテル事業の経営

Location タイ バンコックShare capital 26億タイバーツ(約120億円(予定))Date of incorporation 2025年6月30日(予定)
Net Sales2025年6月30日設立予定のため、ありません。
Operating profit2025年6月30日設立予定のため、ありません。
Net income for the current fiscal year2025年6月30日設立予定のため、ありません。
Net assets2025年6月30日設立予定のため、ありません。
Consideration and expenses
Funding arrangements会社設立後、2029年12月31日まで段階的に出資(予定)
Impact on Business Performance

本件による2025年3月期の連結業績への影響は軽微です。

Procedures and assumptions
Management structure after acquisition取締役社長CEOはポーンチャイ・シティヤコーン。当社の従業員及びタイ大林の役員が取締役に就任予定。
This transaction
ItemDetails
Transaction nameEstablishment of a subsidiary (sub-subsidiary)
Counterparty nameSaha Pathana Inter-Holding Public Company Limited(SPI社)
Name of the Subject Company(仮)Ratchadamri Hospitality Management Company Limited
Business Description of the Subject Companyバンコック都パトゥムワン区ラチャダムリ通りにおいて計画中の複合施設内で実施するホテル事業の経営
Location of the Subject Companyタイ バンコック
Capital Stock of the Subject Company26億タイバーツ(約120億円(予定))
Date of Establishment of the Subject Company2025年6月30日(予定)
Net Sales of the Subject Company2025年6月30日設立予定のため、ありません。
Operating Profit of the Subject Company2025年6月30日設立予定のため、ありません。
Net Income of the Subject Company2025年6月30日設立予定のため、ありません。
Net Assets of the Subject Company2025年6月30日設立予定のため、ありません。
Voting rights ownership percentageAfter 60%(タイ大林を通じた保有予定) (before not disclosed)
Funding arrangements会社設立後、2029年12月31日まで段階的に出資(予定)
Impact on Business Performance本件による2025年3月期の連結業績への影響は軽微です。
Date of board resolution2025年2月10日
Execution Date / Effective Date2025年6月30日(設立予定)。出資は会社設立後、2029年12月31日まで段階的に実行予定。
Management structure after acquisition取締役社長CEOはポーンチャイ・シティヤコーン。当社の従業員及びタイ大林の役員が取締役に就任予定。
Items this document does not state (15)
Acquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredGoodwill 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.

中期経営計画に沿って事業ポートフォリオを拡充し、タイでホテル事業に新規参入するため。タイでのホテル事業は大林グループ初の取組みであり、タイの大手企業グループであるサハグループのSPI社をパートナーとして活用するとしている。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Establishment of a Subsidiary (Sub-subsidiary) by a Consolidated Subsidiary | OBAYASHI CORPORATION (1802) timely disclosure | Komori