This transaction
Acquisition of Shares in シティ・ガス株式会社 (Making It a Consolidated Subsidiary)Procurement and wholesale of LP gas
The Company recognizes that the impact of this transaction on its consolidated results for the fiscal year ending March 2027 will be immaterial.
| Item | Details |
|---|---|
| Transaction name | Acquisition of Shares in シティ・ガス株式会社 (Making It a Consolidated Subsidiary) |
| Name of the Subject Company | シティ・ガス株式会社 |
| Business Description of the Subject Company | Procurement and wholesale of LP gas |
| Location of the Subject Company | Yokohama, Kanagawa Prefecture |
| Capital Stock of the Subject Company | ¥20 million (as of December 2025) |
| Date of Establishment of the Subject Company | March 1989 |
| Number of shares acquired | All shares (number of shares: Not disclosed) |
| Voting rights ownership percentage | After Acquisition of all shares (percentage: Not disclosed) (before not disclosed) |
| Impact on Business Performance | The Company recognizes that the impact of this transaction on its consolidated results for the fiscal year ending March 2027 will be immaterial. |
Items this document does not state (23)
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 transaction is intended to expand the group's market position, customer base and LP gas supply area in Kanagawa Prefecture, and strengthen cost competitiveness through greater efficiency in procurement, logistics and safety management. The group aims to create synergies, including through the integration of the two groups' expertise, IT systems and human resources, the development of new services and the promotion of DX, and to expand earnings over the medium to long term.