Worth reading
62In focus
Scored from 3 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
48.65
Hundreds of millions of yenWording
Conditional
How definitive the wording is.This transaction
Acquisition of fixed assets (construction of a new factory)Execution Date / Effective DateCompletion scheduled for December 2027; operations scheduled to begin in March 2028
Target company
Location Fuso, Niwa District, Aichi Prefecture
Consideration and expenses
Acquisition price¥4.865 billion (expected acquisition cost)
Type of ConsiderationCash
Funding arrangementsInternal funds
Impact on Business Performance
Operations at the new factory are scheduled to begin around March 2028, and the factory is expected to contribute to results from the fiscal year ending February 2029 onward.
Procedures and assumptions
Management structure after acquisitionThe Company will establish a joint development structure with PPIH and operate the facility as a core base that generates group synergies. The introduction of automated guided vehicles (AGVs) will improve the working environment and reduce labor requirements.
| Item | Details |
|---|---|
| Transaction name | Acquisition of fixed assets (construction of a new factory) |
| Location of the Subject Company | Fuso, Niwa District, Aichi Prefecture |
| Acquisition price | ¥4.865 billion (expected acquisition cost) |
| Type of Consideration | Cash |
| Funding arrangements | Internal funds |
| Impact on Business Performance | Operations at the new factory are scheduled to begin around March 2028, and the factory is expected to contribute to results from the fiscal year ending February 2029 onward. |
| Execution Date / Effective Date | Completion scheduled for December 2027; operations scheduled to begin in March 2028 |
| Management structure after acquisition | The Company will establish a joint development structure with PPIH and operate the facility as a core base that generates group synergies. The introduction of automated guided vehicles (AGVs) will improve the working environment and reduce labor requirements. |
Items this document does not state (24)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit 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 percentageGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract 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.Demand for prepared foods is expanding at companies throughout the PPIH Group, and demand for the Company’s products is also increasing. The stated reason is to strengthen the production and supply system so that in-house products for companies throughout the PPIH Group can be supplied stably and efficiently in response to rising demand.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.