Worth reading
26Immaterial
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
6000
10,000 yuan (approximately ¥1.4 billion)Wording
Conditional
How definitive the wording is.This transaction
Establishment of a Subsidiary (Specified Subsidiary) in ChinaDisclosing companyCHUBU SHIRYO CO.,LTD.
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
Manufacture and sale of compound feed for aquaculture
Location People's Republic of China, Haikou City (planned)Share capital CNY 60 million (approximately ¥1.4 billion) (planned)Date of incorporation October 2026 (scheduled)
Impact on Business Performance
Immaterial
Procedures and assumptions
Management structure after acquisitionTo be established as a wholly owned subsidiary of the Company. The representative is scheduled to be Ito Toshihiro (伊藤敏宏), Chairman and Executive Vice President of the Company. Officers and employees of the Company are also expected to concurrently serve as the representative and in other positions.
| Item | Details |
|---|---|
| Transaction name | Establishment of a Subsidiary (Specified Subsidiary) in China |
| Name of the Subject Company | 中部飼料（海南）有限公司 (planned) |
| Business Description of the Subject Company | Manufacture and sale of compound feed for aquaculture |
| Location of the Subject Company | People's Republic of China, Haikou City (planned) |
| Capital Stock of the Subject Company | CNY 60 million (approximately ¥1.4 billion) (planned) |
| Date of Establishment of the Subject Company | October 2026 (scheduled) |
| Voting rights ownership percentage | After 100% (before not disclosed) |
| Impact on Business Performance | Immaterial |
| Date of board resolution | 15 September 2026 |
| Execution Date / Effective Date | October 2026 (scheduled) |
| Management structure after acquisition | To be established as a wholly owned subsidiary of the Company. The representative is scheduled to be Ito Toshihiro (伊藤敏宏), Chairman and Executive Vice President of the Company. Officers and employees of the Company are also expected to concurrently serve as the representative and in other positions. |
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.To ensure a stable supply of high-quality, safe compound feed for aquaculture in China's rapidly growing aquaculture market.
How to read this page
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.