This transaction
Acquisition of a businessOperation of pet funeral and cemetery services, scattering of ashes at sea, insurance agency services, and other businesses
The Company believes that the impact on its financial results for the fiscal year ending April 2027 will be immaterial. If it becomes clear that the transaction will have a material impact on the Company's financial results, the Company will make a timely announcement.
| Item | Details |
|---|---|
| Transaction name | Acquisition of a business |
| Counterparty name | フェニックスホールディング株式会社 |
| Name of the Subject Company | フェニックスホールディング株式会社 |
| Business Description of the Subject Company | Operation of pet funeral and cemetery services, scattering of ashes at sea, insurance agency services, and other businesses |
| Location of the Subject Company | Shintomi, Koyu District, Miyazaki Prefecture |
| Capital Stock of the Subject Company | ¥1 million |
| Date of Establishment of the Subject Company | 11 May 2006 |
| Net Sales of the Subject Company | Not disclosed at the counterparty's request (fiscal year: Not disclosed) |
| Operating Profit of the Subject Company | Not disclosed at the counterparty's request (fiscal year: Not disclosed) |
| Net Income of the Subject Company | Not disclosed at the counterparty's request (fiscal year: Not disclosed) |
| Net Assets of the Subject Company | Not disclosed at the counterparty's request. |
| Acquisition price | ¥62 million |
| Type of Consideration | Cash |
| Goodwill amount | Currently under review (amortization period: Not disclosed) |
| Impact on Business Performance | The Company believes that the impact on its financial results for the fiscal year ending April 2027 will be immaterial. If it becomes clear that the transaction will have a material impact on the Company's financial results, the Company will make a timely announcement. |
| Date of board resolution | 11 May 2026 |
| Contract Date | 11 May 2026 |
| Execution Date / Effective Date | 1 June 2026 (予定) |
Items this document does not state (14)
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 aims to grow its business by entering the growing pet funeral market and generating synergies, including increasing the number of cases handled through online marketing, expanding its service area through the use of mobile cremation vehicles, and strengthening the sale of goods in collaboration with its photobook business. In the future, the Company also aims to package its operational expertise in pet funerals and expand its service area.