Komori
M&A and Subsidiary Changes297AALPICO HOLDINGS CO.,LTD.Retail

Notice Regarding the Change in Ownership of a Grandchild Company Through a Dividend in Kind by a Subsidiary

Alpico Kotsu plans to distribute all shares of Alpico Taxi as an in-kind dividend to the Company, making Alpico Taxi a wholly owned subsidiary directly held by the Company. Its ownership structure within the Group will change from indirect ownership to direct ownership.

Worth reading
48Recurring
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
714739562
Yen (book value of shares)
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Transfer of a Sub-subsidiary through an In-kind Dividend by a Subsidiary
Counterpartyアルピコ交通株式会社
Disclosing companyALPICO HOLDINGS CO.,LTD.
アルピコタクシー株式会社Voting rights ownership percentageNumber of shares acquired 1 share (number of voting rights not disclosed)

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

Transportation Business

Location Matsumoto City, Nagano PrefectureShare capital ¥15 million (as of the end of March 2026)Date of incorporation 27 December 1951
Net assets¥597.808 million (as of the end of March 2026)
Consideration and expenses
Type of ConsiderationShares (an in-kind dividend of 1 share, representing all shares of アルピコタクシー株式会社)
Impact on Business Performance

The impact on the company’s consolidated results is immaterial

Procedures and assumptions
Conditions Precedent to ExecutionAn in-kind dividend proposal will be submitted to the annual general meeting of shareholders of アルピコ交通株式会社 (scheduled for 24 June 2026).
Management structure after acquisitionThe Company will directly hold all shares of アルピコタクシー株式会社, making it a wholly owned subsidiary. Its corporate name, representative, and treatment of employees are not disclosed.
This transaction
ItemDetails
Transaction nameTransfer of a Sub-subsidiary through an In-kind Dividend by a Subsidiary
Counterparty nameアルピコ交通株式会社
Name of the Subject Companyアルピコタクシー株式会社
Business Description of the Subject CompanyTransportation Business
Location of the Subject CompanyMatsumoto City, Nagano Prefecture
Capital Stock of the Subject Company¥15 million (as of the end of March 2026)
Date of Establishment of the Subject Company27 December 1951
Net Assets of the Subject Company¥597.808 million (as of the end of March 2026)
Type of ConsiderationShares (an in-kind dividend of 1 share, representing all shares of アルピコタクシー株式会社)
Number of shares acquired1 share (number of voting rights not disclosed)
Voting rights ownership percentageBefore 100% (indirectly held through アルピコ交通株式会社) → after 100% (directly held)
Impact on Business PerformanceThe impact on the company’s consolidated results is immaterial
Date of board resolution10 June 2026
Execution Date / Effective Date1 July 2026 (scheduled)
Conditions Precedent to ExecutionAn in-kind dividend proposal will be submitted to the annual general meeting of shareholders of アルピコ交通株式会社 (scheduled for 24 June 2026).
Management structure after acquisitionThe Company will directly hold all shares of アルピコタクシー株式会社, making it a wholly owned subsidiary. Its corporate name, representative, and treatment of employees are not disclosed.
Items this document does not state (16)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyAcquisition priceExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill 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.

The purpose is to strengthen the Group's transportation business and accelerate decision-making, among other objectives.

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.
Notice Regarding the Change in Ownership of a Grandchild Company Through a Dividend in Kind by a Subsidiary | ALPICO HOLDINGS CO.,LTD. (297A) timely disclosure | Komori