Komori
M&A and Subsidiary Changes2780Komehyo Holdings Co.,Ltd.Retail

(Progress Update on Previously Disclosed Matter) Notice Concerning the Establishment of a Specified Subsidiary (Macau)

The registration procedures for the subsidiary planned to be established in Macau have been completed, and BRAND OFF MACAU LIMITED was established on 14 September 2026. Although the establishment was delayed from the originally scheduled August 2026, the Company and its subsidiary hold a combined 100% equity interest.

Worth reading
59In focus
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
10000000
Pataca (registered capital)
Wording
Definitive
How definitive the wording is.

This transaction

Establishment of a Subsidiary (Macau)
Disclosing companyKomehyo Holdings Co.,Ltd.
BRAND OFF MACAU LIMITEDVoting rights ownership percentage

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.

Execution Date / Effective Date14 September 2026 (Monday)
Target company

Purchase and sale of bags, watches, jewelry, precious metals and other items

Location Macao Special Administrative Region of the People's Republic of ChinaShare capital 10 million patacas (approximately ¥200 million)Date of incorporation 14 September 2026 (Monday)
Procedures and assumptions
Management structure after acquisitionCorporate name: BRAND OFF MACAU LIMITED; Representative: Esaki Shinichiro (江﨑 真一郎)
This transaction
ItemDetails
Transaction nameEstablishment of a Subsidiary (Macau)
Name of the Subject CompanyBRAND OFF MACAU LIMITED
Business Description of the Subject CompanyPurchase and sale of bags, watches, jewelry, precious metals and other items
Location of the Subject CompanyMacao Special Administrative Region of the People's Republic of China
Capital Stock of the Subject Company10 million patacas (approximately ¥200 million)
Date of Establishment of the Subject Company14 September 2026 (Monday)
Voting rights ownership percentageAfter 100% (before not disclosed)
Execution Date / Effective Date14 September 2026 (Monday)
Management structure after acquisitionCorporate name: BRAND OFF MACAU LIMITED; Representative: Esaki Shinichiro (江﨑 真一郎)
Items this document does not state (23)
Counterparty nameNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses 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)Impact on Business PerformanceDate 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.

The establishment was delayed from the original schedule because procedures with the relevant local authorities took time.

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.
(Progress Update on Previously Disclosed Matter) Notice Concerning the Establishment of a Specified Subsidiary (Macau) | Komehyo Holdings Co.,Ltd. (2780) timely disclosure | Komori