Komori
M&A and Subsidiary Changes3070JELLY BEANS GROUP Co.,Ltd.Trading & Wholesale

(Progress on Previously Disclosed Matter) Notice of Special Purpose Company (SPC) Establishment

JBサステナブル, an existing subsidiary, and 二次資源ホールディングス株式会社 have decided to establish JBエナジー合同会社, an SPC that will operate the Tatsuno renewable heavy oil refinery, through their respective investments. The business will be transferred to the SPC, creating a structure that limits business risk while enabling the use of external funding.

Worth reading
31Immaterial
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
—
Displayed only when the document provides numerical figures.
Wording
Conditional
How definitive the wording is.

This transaction

Establishment of a special-purpose company (SPC)
Counterparty二次資源ホールディングス株式会社
Disclosing companyJELLY BEANS GROUP Co.,Ltd.
JBエナジー合同会社Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

・Manufacture and sale of renewable heavy oil ・Collection and recycling of waste oil, including used cooking oil

Location Tatsuno, Hyogo PrefectureShare capital ¥1,000,000Date of incorporation April 2026 (planned)
Consideration and expenses
Funding arrangementsThe company plans to enable flexible funding, including the use of non-recourse loans and external capital.
Impact on Business Performance

The impact of this matter on consolidated results for the current fiscal year is currently under review.

Procedures and assumptions
Management structure after acquisitionThe executive officer of JBエナジー合同会社 will be Miyazaki Akira (宮﨑 明). The SPC will oversee the business as an integrated operation, from procuring waste oil and waste plastics through the manufacture of renewable heavy oil, its sale to users and the power generation business.
This transaction
ItemDetails
Transaction nameEstablishment of a special-purpose company (SPC)
Counterparty name二次資源ホールディングス株式会社
Name of the Subject CompanyJBエナジー合同会社
Business Description of the Subject Company・Manufacture and sale of renewable heavy oil ・Collection and recycling of waste oil, including used cooking oil
Location of the Subject CompanyTatsuno, Hyogo Prefecture
Capital Stock of the Subject Company¥1,000,000
Date of Establishment of the Subject CompanyApril 2026 (planned)
Funding arrangementsThe company plans to enable flexible funding, including the use of non-recourse loans and external capital.
Impact on Business PerformanceThe impact of this matter on consolidated results for the current fiscal year is currently under review.
Date of board resolution2 April 2026
Execution Date / Effective DateApril 2026 (planned)
Management structure after acquisitionThe executive officer of JBエナジー合同会社 will be Miyazaki Akira (宮﨑 明). The SPC will oversee the business as an integrated operation, from procuring waste oil and waste plastics through the manufacture of renewable heavy oil, its sale to users and the power generation business.
Items this document does not state (20)
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 priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageGoodwill amountAmount of extraordinary income (loss)Contract 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 purpose is to limit business risk and recourse risk to the parent company and maintain the financial soundness of the Group as a whole. It is also intended to facilitate funding and expand the renewable heavy oil business by flexibly using non-recourse loans and external capital.

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 on Previously Disclosed Matter) Notice of Special Purpose Company (SPC) Establishment | JELLY BEANS GROUP Co.,Ltd. (3070) timely disclosure | Komori