Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
480000000
Thai baht (approximately ¥2.4 billion)Wording
Conditional
How definitive the wording is.This transaction
This capital increaseCounterparty (target company)2nd STREET (THAILAND) Company Limited
Disclosing company2nd RETAILING 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
Retail and wholesale
Location Bangkok, ThailandShare capital THB 20,000,000 (before the capital increase); THB 500,000,000 (after the capital increase)Date of incorporation 3 July 2023
Net SalesTHB 145,192 thousand (fiscal year ended March 2025)
Operating profitTHB 23,667 thousand (fiscal year ended March 2025)
Net income for the current fiscal yearTHB 18,280 thousand (fiscal year ended March 2025)
Net assetsTHB 44,988 thousand (fiscal year ended March 2025)
Consideration and expenses
Acquisition priceTHB 480,000,000 (approximately ¥2.4 billion)
Impact on Business Performance
The impact of this transaction on consolidated financial results for the current fiscal year will be immaterial.
| Item | Details |
|---|---|
| Transaction name | This capital increase |
| Counterparty name | 2nd STREET (THAILAND) Company Limited |
| Name of the Subject Company | 2nd STREET (THAILAND) Company Limited |
| Business Description of the Subject Company | Retail and wholesale |
| Location of the Subject Company | Bangkok, Thailand |
| Capital Stock of the Subject Company | THB 20,000,000 (before the capital increase); THB 500,000,000 (after the capital increase) |
| Date of Establishment of the Subject Company | 3 July 2023 |
| Net Sales of the Subject Company | THB 145,192 thousand (fiscal year ended March 2025) |
| Operating Profit of the Subject Company | THB 23,667 thousand (fiscal year ended March 2025) |
| Net Income of the Subject Company | THB 18,280 thousand (fiscal year ended March 2025) |
| Net Assets of the Subject Company | THB 44,988 thousand (fiscal year ended March 2025) |
| Acquisition price | THB 480,000,000 (approximately ¥2.4 billion) |
| Voting rights ownership percentage | Before 49.0% (directly held) → after 98.0% (directly held) |
| Impact on Business Performance | The impact of this transaction on consolidated financial results for the current fiscal year will be immaterial. |
| Date of board resolution | 27 March 2026 |
| Execution Date / Effective Date | May 2026 (scheduled) |
Items this document does not state (16)
Expenses 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 amountAmount of extraordinary income (loss)Contract 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.To strengthen the business foundation in the Kingdom of Thailand.
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.