Worth reading
57In focus
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
15
% or more (as a percentage of consolidated net assets as of the end of the immediately preceding consolidated fiscal year)Wording
Conditional
How definitive the wording is.This transaction
This share acquisitionDisclosing companyNext Generation Technology Group Inc.
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.
Contract Date1 July 2026
Execution Date / Effective Date1 July 2026 (transaction completion date)
Target company
Processing services related to printed circuit boards, manufacturing equipment and materials sales, and other businesses
Location Osaka City, Osaka PrefectureShare capital ¥45 millionDate of incorporation 15 August 1980
Net Sales¥4,021 million (fiscal year ended March 2026)
Operating profit¥504 million (fiscal year ended March 2026)
Net income for the current fiscal year¥319 million (fiscal year ended March 2026)
Net assets¥1,549 million (fiscal year ended March 2026)
Consideration and expenses
Acquisition priceUndisclosed at the strong request of the counterparty (15% or more of consolidated net assets as of the end of the immediately preceding consolidated fiscal year)
Expenses other than the acquisition priceAdvisory fees are not disclosed because they have not yet been determined
Type of ConsiderationCash (expected to be funded through internal funds and borrowings from financial institutions)
Funding arrangementsPart of the acquisition price is expected to be funded through internal funds and the remainder through borrowings from financial institutions
Impact on Business Performance
The Company expects the impact of this transaction on its consolidated business results and financial position to be immaterial. If a material financial impact arises due to a significant change in business conditions, the Company will disclose the matter promptly once it becomes clear.
Procedures and assumptions
Valuation methodologyDetermined through discussions between the parties, taking reasonable account of the results of legal and financial due diligence and other factors
Management structure after acquisitionThe Company will continue to promote management support for the acquired party, including Sanko Giken Kogyo, as it joins the Company Group. No information is provided regarding the trade name, representative or treatment of employees.
| Item | Details |
|---|---|
| Transaction name | This share acquisition |
| Name of the Subject Company | Name of target company |
| Business Description of the Subject Company | Processing services related to printed circuit boards, manufacturing equipment and materials sales, and other businesses |
| Location of the Subject Company | Osaka City, Osaka Prefecture |
| Capital Stock of the Subject Company | ¥45 million |
| Date of Establishment of the Subject Company | 15 August 1980 |
| Net Sales of the Subject Company | ¥4,021 million (fiscal year ended March 2026) |
| Operating Profit of the Subject Company | ¥504 million (fiscal year ended March 2026) |
| Net Income of the Subject Company | ¥319 million (fiscal year ended March 2026) |
| Net Assets of the Subject Company | ¥1,549 million (fiscal year ended March 2026) |
| Acquisition price | Undisclosed at the strong request of the counterparty (15% or more of consolidated net assets as of the end of the immediately preceding consolidated fiscal year) |
| Expenses other than the acquisition price | Advisory fees are not disclosed because they have not yet been determined |
| Type of Consideration | Cash (expected to be funded through internal funds and borrowings from financial institutions) |
| Number of shares acquired | 67,320 shares (number of voting rights not disclosed) |
| Voting rights ownership percentage | After 100% (before not disclosed) |
| Funding arrangements | Part of the acquisition price is expected to be funded through internal funds and the remainder through borrowings from financial institutions |
| Impact on Business Performance | The Company expects the impact of this transaction on its consolidated business results and financial position to be immaterial. If a material financial impact arises due to a significant change in business conditions, the Company will disclose the matter promptly once it becomes clear. |
| Contract Date | 1 July 2026 |
| Execution Date / Effective Date | 1 July 2026 (transaction completion date) |
| Valuation methodology | Determined through discussions between the parties, taking reasonable account of the results of legal and financial due diligence and other factors |
| Management structure after acquisition | The Company will continue to promote management support for the acquired party, including Sanko Giken Kogyo, as it joins the Company Group. No information is provided regarding the trade name, representative or treatment of employees. |
Items this document does not state (11)
Counterparty nameMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodGoodwill amountAmount of extraordinary income (loss)Date of board resolutionIndependent 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.Sanko Giken Kogyo's processing services related to printed circuit boards, manufacturing equipment and materials sales, and other businesses have significant social value in supporting manufacturing worldwide, and the Company determined that the technologies should be passed on to the next generation. In addition, by adding technology-driven companies to the Group, the Company aims to build a strong corporate group.
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