Worth reading
55In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
1200
¥100 million (estimated)Wording
Conditional
How definitive the wording is.This transaction
This share transferCounterpartyService Stream Holdings Pty Ltd
Disclosing companyPERSOL HOLDINGS CO.,LTD.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Facility management, human resources services
Location Australia (47 Burswood Road, Burswood WA 6100)Share capital A$920,001,000Date of incorporation 31 July 2017
Net SalesA$3,648 million (fiscal year ending March 2026)
Net income for the current fiscal yearA$39 million (fiscal year ending March 2026; net income attributable to owners of the parent)
Net assetsA$738 million (fiscal year ending March 2026)
Consideration and expenses
Acquisition price¥120 billion (expected). The final share transfer price will be determined after price adjustments.
Amount of extraordinary income (loss)Gain on sale of shares in a subsidiary of ¥50 billion, expected to be recognized in the fourth quarter of the fiscal year ending March 2027
Impact on Business Performance
A gain on the sale of shares in a subsidiary of ¥50 billion is expected to be recognized in the fourth quarter of the fiscal year ending March 2027. The final amount recognized may fluctuate due to price adjustments, foreign exchange movements and other factors.
Procedures and assumptions
Management structure after acquisitionThe 60 companies held by Programmed are expected to become part of the Service Stream group. The corporate name, representatives and treatment of employees are Not disclosed
| Item | Details |
|---|---|
| Transaction name | This share transfer |
| Counterparty name | Service Stream Holdings Pty Ltd |
| Name of the Subject Company | Persol Australia Holdings Pty Ltd |
| Business Description of the Subject Company | Facility management, human resources services |
| Location of the Subject Company | Australia (47 Burswood Road, Burswood WA 6100) |
| Capital Stock of the Subject Company | A$920,001,000 |
| Date of Establishment of the Subject Company | 31 July 2017 |
| Net Sales of the Subject Company | A$3,648 million (fiscal year ending March 2026) |
| Net Income of the Subject Company | A$39 million (fiscal year ending March 2026; net income attributable to owners of the parent) |
| Net Assets of the Subject Company | A$738 million (fiscal year ending March 2026) |
| Acquisition price | ¥120 billion (expected). The final share transfer price will be determined after price adjustments. |
| Number of shares acquired | 920,001,000 shares. Number of voting rights: Not disclosed |
| Voting rights ownership percentage | Before 100% → after 0% |
| Amount of extraordinary income (loss) | Gain on sale of shares in a subsidiary of ¥50 billion, expected to be recognized in the fourth quarter of the fiscal year ending March 2027 |
| Impact on Business Performance | A gain on the sale of shares in a subsidiary of ¥50 billion is expected to be recognized in the fourth quarter of the fiscal year ending March 2027. The final amount recognized may fluctuate due to price adjustments, foreign exchange movements and other factors. |
| Date of board resolution | 9 November 2026 |
| Contract Date | 9 November 2026 |
| Execution Date / Effective Date | 1 March 2027 (scheduled) |
| Management structure after acquisition | The 60 companies held by Programmed are expected to become part of the Service Stream group. The corporate name, representatives and treatment of employees are Not disclosed |
Items this document does not state (13)
Operating Profit of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountValuation 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 optimize the business portfolio of the Asia Pacific SBU, improve the allocation of management resources and capital efficiency, and thereby enhance corporate value over the medium to long term.
How to read this page
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