Worth reading
51Recurring
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
70
¥ million (capital)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Establishment of a jointly funded companyCounterpartyHiyama Fisheries Cooperative Association, Yakumo Town, Futami District, Hokkaido
Disclosing companyOkamura Foods Co.,Ltd.
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.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Farming, processing and sale of salmon and other fish, seaweed and other products
Location Yakumo Town, Futami District, HokkaidoShare capital ¥70 millionDate of incorporation Late May 2026 (planned)
Consideration and expenses
Type of ConsiderationCash (joint investment)
Funding arrangementsJoint investment (日本サーモンファーム株式会社: ¥68 million, Hiyama Fisheries Cooperative Association: ¥1 million, Yakumo Town: ¥1 million)
Impact on Business Performance
The impact on consolidated results for the fiscal year ending June 2026 is expected to be immaterial.
Procedures and assumptions
Conditions Precedent to ExecutionThe company incorporation date and business commencement date may change depending on the status of approval and registration procedures.
Management structure after acquisitionThe representative director will be Suzuki Kosuke (鈴木宏介). A total of 3 employees of our company and group companies will concurrently serve as directors, and a director who is a member of our Audit and Supervisory Committee will concurrently serve as a corporate auditor. Employee treatment: Not disclosed.
| Item | Details |
|---|---|
| Transaction name | Establishment of a jointly funded company |
| Counterparty name | Hiyama Fisheries Cooperative Association, Yakumo Town, Futami District, Hokkaido |
| Name of the Subject Company | 日本サーモンファーム八雲 株式会社 (planned) |
| Business Description of the Subject Company | Farming, processing and sale of salmon and other fish, seaweed and other products |
| Location of the Subject Company | Yakumo Town, Futami District, Hokkaido |
| Capital Stock of the Subject Company | ¥70 million |
| Date of Establishment of the Subject Company | Late May 2026 (planned) |
| Type of Consideration | Cash (joint investment) |
| Voting rights ownership percentage | After 日本サーモンファーム株式会社 97.1%, Hiyama Fisheries Cooperative Association 1.4%, Yakumo Town 1.4% (before not disclosed) |
| Funding arrangements | Joint investment (日本サーモンファーム株式会社: ¥68 million, Hiyama Fisheries Cooperative Association: ¥1 million, Yakumo Town: ¥1 million) |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending June 2026 is expected to be immaterial. |
| Date of board resolution | 14 May 2026 |
| Execution Date / Effective Date | Company incorporation date: late May 2026 (planned); business commencement date: December 2026 (planned) |
| Conditions Precedent to Execution | The company incorporation date and business commencement date may change depending on the status of approval and registration procedures. |
| Management structure after acquisition | The representative director will be Suzuki Kosuke (鈴木宏介). A total of 3 employees of our company and group companies will concurrently serve as directors, and a director who is a member of our Audit and Supervisory Committee will concurrently serve as a corporate auditor. Employee treatment: Not disclosed. |
Items this document does not state (17)
Net 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 priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial Committee
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 expand domestic aquaculture production to 12,000 tonnes, we will expand the capacity of intermediate aquaculture facilities and promote collaboration with local governments and fisheries cooperatives. Through the expansion of our aquaculture business, we also aim to develop related industries, revitalize the local economy and contribute to the formation of sustainable local communities.
How to read this page
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