Worth reading
56In focus
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
400
¥ millionWording
Avoiding a definitive answer
How definitive the wording is.This transaction
Name of transactionCounterpartyアムス・インターナショナル株式会社
Disclosing companyETS Group Co.,Ltd.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
The rental property management, condominium management and interior construction businesses operated by the split company in Hiroshima Prefecture
Location Hiroshima Prefecture
Net SalesFiscal year ended May 2025: ¥1,072 million
Operating profitFiscal year ended May 2025: ¥95 million
Consideration and expenses
Acquisition price¥400 million
Type of ConsiderationCash
Funding arrangementsLoan from the split company. Amount: ¥400 million; interest rate: 2.00%; borrowing period: 1 June 2026 to 31 May 2031; equal principal repayments quarterly; unsecured.
Goodwill amountPositive goodwill is expected to arise, but the amount has not been determined as of the current date. The amortization period is Not disclosed.
Goodwill is the amount paid in excess of the acquired company's net assets.Impact on Business Performance
Revenue and profit are expected to be recognized in the Company's consolidated results for the current fiscal year, but the impact is immaterial.
| Item | Details |
|---|---|
| Transaction name | Name of transaction |
| Counterparty name | アムス・インターナショナル株式会社 |
| Business Description of the Subject Company | The rental property management, condominium management and interior construction businesses operated by the split company in Hiroshima Prefecture |
| Location of the Subject Company | Hiroshima Prefecture |
| Net Sales of the Subject Company | Fiscal year ended May 2025: ¥1,072 million |
| Operating Profit of the Subject Company | Fiscal year ended May 2025: ¥95 million |
| Acquisition price | ¥400 million |
| Type of Consideration | Cash |
| Funding arrangements | Loan from the split company. Amount: ¥400 million; interest rate: 2.00%; borrowing period: 1 June 2026 to 31 May 2031; equal principal repayments quarterly; unsecured. |
| Goodwill amount | Positive goodwill is expected to arise, but the amount has not been determined as of the current date. The amortization period is Not disclosed. |
| Impact on Business Performance | Revenue and profit are expected to be recognized in the Company's consolidated results for the current fiscal year, but the impact is immaterial. |
| Contract Date | 2 March 2026 |
| Execution Date / Effective Date | 1 June 2026 (completed) |
Items this document does not state (19)
Name of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageAmount of extraordinary income (loss)Date of board resolutionValuation 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 has not disclosed the purpose or rationale for the transaction. Although the transaction is expected to result in the recognition of revenue and profit in consolidated results for the current fiscal year, the impact is expected to be immaterial.
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