Komori
M&A and Subsidiary Changes3113UNIVA Oak Holdings LimitedFinancials (excluding banks)

Notice Regarding the Establishment of a Sub-subsidiary by Our Consolidated Subsidiary

The consolidated subsidiary ユニヴァ・ペイキャスト has decided to establish a wholly owned company in Hong Kong. Through the new company, it plans to expand into the remittance and funds transfer business in addition to its existing payments business.

Worth reading
37Immaterial
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
49900000
JPY (new company capital)
Wording
Conditional
How definitive the wording is.

This transaction

Establishment of New Companies
Disclosing companyUNIVA Oak Holdings Limited
UNIVAPay HongKong Limited (環貫匯款(香港)有限公司)Voting rights ownership percentage

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

Remittance business (Money Service Operator)

Location Hong KongShare capital HKD 2,500,000 (¥49,900,000)Date of incorporation 12 October 2026 (scheduled)
Impact on Business Performance

The impact on consolidated results is expected to be immaterial.

Procedures and assumptions
Conditions Precedent to ExecutionObtaining an MSO (Money Service Operator) licence
Management structure after acquisitionThe representative will be Director Peggy Law. A Director of the consolidated subsidiary UNIVA Marketing Limited is scheduled to become a Director. Employee treatment: not disclosed.
This transaction
ItemDetails
Transaction nameEstablishment of New Companies
Name of the Subject CompanyUNIVAPay HongKong Limited (環貫匯款(香港)有限公司)
Business Description of the Subject CompanyRemittance business (Money Service Operator)
Location of the Subject CompanyHong Kong
Capital Stock of the Subject CompanyHKD 2,500,000 (¥49,900,000)
Date of Establishment of the Subject Company12 October 2026 (scheduled)
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business PerformanceThe impact on consolidated results is expected to be immaterial.
Date of board resolution1 October 2026
Execution Date / Effective Date12 October 2026 (scheduled)
Conditions Precedent to ExecutionObtaining an MSO (Money Service Operator) licence
Management structure after acquisitionThe representative will be Director Peggy Law. A Director of the consolidated subsidiary UNIVA Marketing Limited is scheduled to become a Director. Employee treatment: not disclosed.
Items this document does not state (20)
Counterparty nameNet 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 acquiredFunding 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.

To assess remittance demand from Japanese companies and Japanese-affiliated companies in Hong Kong, and to gradually expand the business into the collection of overseas sales proceeds, payments to business partners, and collaboration with overseas payment companies, fintech companies, financial institutions and remittance service providers.

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 Establishment of a Sub-subsidiary by Our Consolidated Subsidiary | UNIVA Oak Holdings Limited (3113) timely disclosure | Komori