Worth reading
38Recurring
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
1550
Thousand US dollarsWording
Avoiding a definitive answer
How definitive the wording is.This transaction
Transfer of Rights to Develop the Tim Ho Wan Business in North AmericaCounterpartyTim Ho Wan, Inc.
Disclosing companyWDI Corporation
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Rights to develop the Tim Ho Wan business in North America
Consideration and expenses
Acquisition priceUS$1,550 thousand (transfer price)
Amount of extraordinary income (loss)The gain on transfer is currently under review. The amount and quarter in which it will be recognized are Not disclosed
Impact on Business Performance
The impact on consolidated full-year results for the fiscal year ending March 2027 is currently under review
Procedures and assumptions
Management structure after acquisitionOur group will continue to operate and develop the Tim Ho Wan business in Japan
| Item | Details |
|---|---|
| Transaction name | Transfer of Rights to Develop the Tim Ho Wan Business in North America |
| Counterparty name | Tim Ho Wan, Inc. |
| Business Description of the Subject Company | Rights to develop the Tim Ho Wan business in North America |
| Acquisition price | US$1,550 thousand (transfer price) |
| Amount of extraordinary income (loss) | The gain on transfer is currently under review. The amount and quarter in which it will be recognized are Not disclosed |
| Impact on Business Performance | The impact on consolidated full-year results for the fiscal year ending March 2027 is currently under review |
| Date of board resolution | 18 August 2026 |
| Contract Date | 18 August 2026 |
| Execution Date / Effective Date | 1 October 2026 (date of transfer of rights) |
| Management structure after acquisition | Our group will continue to operate and develop the Tim Ho Wan business in Japan |
Items this document does not state (22)
Name of the Subject CompanyLocation 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 priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountValuation 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.To pursue greater focus and selectivity in restructuring the overseas business.
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.