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M&A and Subsidiary Changes3288Open House Group Co.,Ltd.Real Estate

Notice Regarding the Acquisition of Shares in Shinsei Trust Co., Ltd. by a Subsidiary, Making It a Sub-subsidiary

PRESSANCE CORPORATION, our wholly owned subsidiary, acquired all 170 shares of 新成トラスト, making 新成トラスト a wholly owned subsidiary. As a result, 新成トラスト became our second-tier subsidiary.

Worth reading
43Recurring
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
170
Shares
Wording
Conditional
How definitive the wording is.

This transaction

This share acquisition
Disclosing companyOpen House Group Co.,Ltd.
新成トラストVoting rights ownership percentageNumber of shares acquired 170 shares (number of voting rights: 170)

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.

Execution Date / Effective Date30 June 2026 (acquisition completed)
Target company

Sales and rental management of condominiums

Location Chuo-ku, Osaka, Osaka PrefectureShare capital ¥100 millionDate of incorporation 8 August 2002
Consideration and expenses
Acquisition priceNot disclosed due to a confidentiality obligation with the counterparty.
Impact on Business Performance

The impact of this share acquisition on our consolidated results for the current fiscal year will be immaterial.

Procedures and assumptions
Valuation methodologyShare valuation by an external specialist
Management structure after acquisitionWe will welcome the outstanding personnel of 新成トラスト into PRESSANCE CORPORATION and combine the expertise and human resources of PRESSANCE CORPORATION and 新成トラスト.
This transaction
ItemDetails
Transaction nameThis share acquisition
Name of the Subject Company新成トラスト
Business Description of the Subject CompanySales and rental management of condominiums
Location of the Subject CompanyChuo-ku, Osaka, Osaka Prefecture
Capital Stock of the Subject Company¥100 million
Date of Establishment of the Subject Company8 August 2002
Acquisition priceNot disclosed due to a confidentiality obligation with the counterparty.
Number of shares acquired170 shares (number of voting rights: 170)
Voting rights ownership percentageBefore 0% → after 100%
Impact on Business PerformanceThe impact of this share acquisition on our consolidated results for the current fiscal year will be immaterial.
Execution Date / Effective Date30 June 2026 (acquisition completed)
Valuation methodologyShare valuation by an external specialist
Management structure after acquisitionWe will welcome the outstanding personnel of 新成トラスト into PRESSANCE CORPORATION and combine the expertise and human resources of PRESSANCE CORPORATION and 新成トラスト.
Items this document does not state (19)
Counterparty nameNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateIndependent 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.

To rapidly expand our sales platform while limiting the training burden by bringing in experienced personnel in the sale of studio condominium units for investment. In addition, to create synergies, including cross-selling opportunities and improved sales efficiency, by sharing the expertise and human resources of both companies and information on real estate held for sale.

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 Acquisition of Shares in Shinsei Trust Co., Ltd. by a Subsidiary, Making It a Sub-subsidiary | Open House Group Co.,Ltd. (3288) timely disclosure | Komori