Worth reading
71In focus
Scored from 3 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
62803
¥ thousandWording
Avoiding a definitive answer
How definitive the wording is.This transaction
Dissolution and liquidation of a consolidated subsidiaryDisclosing companyKitahama Capital Partners Co.,Ltd.
Date of board resolution17 March
Target company
Biomass fuel supply business
Location Sanyō-Onoda, Yamaguchi PrefectureShare capital ¥10 millionDate of incorporation 7 December 2015
Net Sales¥139.377 million (fiscal year ended January 2025)
Operating profitLoss of ¥62.490 million (fiscal year ended January 2025)
Net income for the current fiscal yearNet loss of ¥60.165 million (fiscal year ended January 2025)
Net assetsNegative net assets of ¥74.206 million (fiscal year ended January 2025)
Consideration and expenses
Amount of extraordinary income (loss)Extraordinary gain of ¥62.803 million (fiscal year ending March 2026)
Impact on Business Performance
The Company expects to recognize an extraordinary gain of ¥62.803 million. This matter has already been reflected in the full-year consolidated earnings forecast.
| Item | Details |
|---|---|
| Transaction name | Dissolution and liquidation of a consolidated subsidiary |
| Name of the Subject Company | 山陽小野田バイオマス燃料供給株式会社 |
| Business Description of the Subject Company | Biomass fuel supply business |
| Location of the Subject Company | Sanyō-Onoda, Yamaguchi Prefecture |
| Capital Stock of the Subject Company | ¥10 million |
| Date of Establishment of the Subject Company | 7 December 2015 |
| Net Sales of the Subject Company | ¥139.377 million (fiscal year ended January 2025) |
| Operating Profit of the Subject Company | Loss of ¥62.490 million (fiscal year ended January 2025) |
| Net Income of the Subject Company | Net loss of ¥60.165 million (fiscal year ended January 2025) |
| Net Assets of the Subject Company | Negative net assets of ¥74.206 million (fiscal year ended January 2025) |
| Voting rights ownership percentage | Before 50.8% (after not disclosed) |
| Amount of extraordinary income (loss) | Extraordinary gain of ¥62.803 million (fiscal year ending March 2026) |
| Impact on Business Performance | The Company expects to recognize an extraordinary gain of ¥62.803 million. This matter has already been reflected in the full-year consolidated earnings forecast. |
| Date of board resolution | 17 March |
Items this document does not state (18)
Counterparty nameAcquisition 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 amountContract DateExecution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition
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.The Company decided to withdraw from the business after comprehensively considering the optimization of the Group's business structure in the same field and the management efficiency of the Group as a whole.
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