Komori
M&A and Subsidiary Changes3167TOKAI Holdings CorporationTrading & Wholesale

(Change to Disclosed Matter) Notice Regarding the Postponement of the Schedule for the Acquisition of Shares (Making the Company a Consolidated Subsidiary)

Regarding 株式会社TOKAI's acquisition of shares in Taft Hydroenergy Corporation, the scheduled date for completion of the share transfer has been postponed from June 2026 (scheduled) and is now under discussion. The completion date will be announced once determined.

Worth reading
47Recurring
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Acquisition of shares in this transaction
Disclosing companyTOKAI Holdings Corporation
Taft Hydroenergy CorporationSubject of this transaction
Execution Date / Effective DateUnder discussion (to be announced once determined)
Target company
Location Caloocan City, Philippines
Impact on Business Performance

The impact on the Company's consolidated results for the current fiscal year is minor.

Procedures and assumptions
Conditions Precedent to ExecutionDiscussions and coordination regarding certain procedures
This transaction
ItemDetails
Transaction nameAcquisition of shares in this transaction
Name of the Subject CompanyTaft Hydroenergy Corporation
Location of the Subject CompanyCaloocan City, Philippines
Impact on Business PerformanceThe impact on the Company's consolidated results for the current fiscal year is minor.
Execution Date / Effective DateUnder discussion (to be announced once determined)
Conditions Precedent to ExecutionDiscussions and coordination regarding certain procedures
Items this document does not state (26)
Counterparty nameBusiness Description 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 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 percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeManagement structure after acquisition

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.

Because discussions and coordination regarding certain procedures required to complete the share acquisition are taking time.

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.
(Change to Disclosed Matter) Notice Regarding the Postponement of the Schedule for the Acquisition of Shares (Making the Company a Consolidated Subsidiary) | TOKAI Holdings Corporation (3167) timely disclosure | Komori