Worth reading
52Recurring
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
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Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.This transaction
This mergerCounterparty株式会社もりぞう, 株式会社三愛ホーム
Disclosing companyGRANDES,Inc.
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
Subdivision and sale of land and spec homes, and real estate brokerage
Location Kawagoe City, Saitama PrefectureShare capital ¥80 millionDate of incorporation 1 September 1998
Consideration and expenses
Acquisition priceNot applicable (no shares, cash or other assets will be delivered in connection with this merger)
Type of ConsiderationNo consideration (no shares, cash or other assets will be delivered)
Merger ratio/share exchange ratioNot applicable (this is a merger between wholly owned subsidiaries, with no shares, cash or other assets to be delivered)
Impact on Business Performance
The impact on our consolidated results will be immaterial
Procedures and assumptions
Conditions Precedent to ExecutionApproval at the general meetings of shareholders of the companies involved in the merger (scheduled for 9 October 2026)
Management structure after acquisition株式会社もりぞう will be the surviving company and will assume all of 株式会社三愛ホーム’s business. No changes are planned to もりぞう’s name, head office location, representative’s title or name, business activities, capital or fiscal year-end. Employee treatment: not disclosed
| Item | Details |
|---|---|
| Transaction name | This merger |
| Counterparty name | 株式会社もりぞう, 株式会社三愛ホーム |
| Name of the Subject Company | 株式会社三愛ホーム |
| Business Description of the Subject Company | Subdivision and sale of land and spec homes, and real estate brokerage |
| Location of the Subject Company | Kawagoe City, Saitama Prefecture |
| Capital Stock of the Subject Company | ¥80 million |
| Date of Establishment of the Subject Company | 1 September 1998 |
| Acquisition price | Not applicable (no shares, cash or other assets will be delivered in connection with this merger) |
| Type of Consideration | No consideration (no shares, cash or other assets will be delivered) |
| Merger ratio/share exchange ratio | Not applicable (this is a merger between wholly owned subsidiaries, with no shares, cash or other assets to be delivered) |
| Voting rights ownership percentage | Before 100% (for both 株式会社もりぞう and 株式会社三愛ホーム) (after not disclosed) |
| Impact on Business Performance | The impact on our consolidated results will be immaterial |
| Date of board resolution | 7 September 2026 |
| Contract Date | 7 September 2026 |
| Execution Date / Effective Date | 31 October 2026 (予定) |
| Conditions Precedent to Execution | Approval at the general meetings of shareholders of the companies involved in the merger (scheduled for 9 October 2026) |
| Management structure after acquisition | 株式会社もりぞう will be the surviving company and will assume all of 株式会社三愛ホーム’s business. No changes are planned to もりぞう’s name, head office location, representative’s title or name, business activities, capital or fiscal year-end. Employee treatment: not disclosed |
Items this document does not state (15)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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.As the restructuring of the subsidiary in the Kanto area is now on track, the purpose is to integrate the businesses, centralize the management structure, improve management efficiency and make effective use of management resources.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.