Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
380000
¥ thousandWording
Avoiding a definitive answer
How definitive the wording is.This transaction
Acquisition of shares and conversion into a subsidiaryCounterparty有限会社みつや
Disclosing companyHoriifoodservice 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.White points represent dates designated as scheduled dates in the document.
Target company
Operation of a prepared-food business
Location Yao, OsakaShare capital ¥50 millionDate of incorporation 21 September 1970
Net Sales¥874.236 million (fiscal year ended August 2025)
Operating profit¥12.523 million (fiscal year ended August 2025)
Net income for the current fiscal year¥37.210 million (fiscal year ended August 2025)
Net assets¥1,071.363 million (fiscal year ended August 2025)
Consideration and expenses
Acquisition price¥380 million
Impact on Business Performance
The impact of this share acquisition on the Company's consolidated results for the fiscal year ending November 2026 is expected to be immaterial.
Procedures and assumptions
Management structure after acquisitionOnly the plan to make it a consolidated subsidiary of the Company effective 1 June 2026 is disclosed. Changes to the trade name, the post-acquisition representative and employee treatment: not disclosed.
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares and conversion into a subsidiary |
| Counterparty name | 有限会社みつや |
| Name of the Subject Company | 鮨桝食品株式会社 |
| Business Description of the Subject Company | Operation of a prepared-food business |
| Location of the Subject Company | Yao, Osaka |
| Capital Stock of the Subject Company | ¥50 million |
| Date of Establishment of the Subject Company | 21 September 1970 |
| Net Sales of the Subject Company | ¥874.236 million (fiscal year ended August 2025) |
| Operating Profit of the Subject Company | ¥12.523 million (fiscal year ended August 2025) |
| Net Income of the Subject Company | ¥37.210 million (fiscal year ended August 2025) |
| Net Assets of the Subject Company | ¥1,071.363 million (fiscal year ended August 2025) |
| Acquisition price | ¥380 million |
| Number of shares acquired | 126,656 shares (number of voting rights: 126,656) |
| Voting rights ownership percentage | After 100% (before not disclosed) |
| Impact on Business Performance | The impact of this share acquisition on the Company's consolidated results for the fiscal year ending November 2026 is expected to be immaterial. |
| Date of board resolution | 3 April 2026 |
| Contract Date | 3 April 2026 |
| Execution Date / Effective Date | 1 June 2026 (予定) |
| Management structure after acquisition | Only the plan to make it a consolidated subsidiary of the Company effective 1 June 2026 is disclosed. Changes to the trade name, the post-acquisition representative and employee treatment: not disclosed. |
Items this document does not state (13)
Expenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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.By adding 鮨桝食品株式会社, which has strengths in western Japan, to the Company's business base in eastern Japan, the Company aims to expand its service area, secure business formats capable of meeting diverse food demand, and expand its operations as a comprehensive food-service company.
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.