Komori
M&A and Subsidiary Changes3361Toell Co.,Ltd.Retail

Notice Regarding the Acquisition of Shares in A-works Co., Ltd. (Making It a Subsidiary)

Toell Co.,Ltd. has decided to acquire 100% of the shares of 株式会社A-works and convert it into a subsidiary. This will expand the business base for its renovation and restoration-to-original-condition businesses.

Worth reading
42Recurring
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
—
Displayed only when the document provides numerical figures.
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares (making the company a subsidiary)
CounterpartyTanuma Akitoshi (田沼 明敏)
Disclosing companyToell Co.,Ltd.
株式会社A-worksVoting rights ownership percentageNumber of shares acquired 100 shares (100 voting rights)

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

TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Residential renovation work, restoration-to-original-condition work, repair work for occupied properties, and other activities

Location Minuma-ku, Saitama City, Saitama PrefectureShare capital ¥1 millionDate of incorporation April 2015
Net Sales¥449.660 million (fiscal year ended August 2025)
Operating profit¥18.417 million (fiscal year ended August 2025)
Net income for the current fiscal year¥13.112 million (fiscal year ended August 2025)
Net assets¥94.993 million (fiscal year ended August 2025)
Consideration and expenses
Acquisition priceThe acquisition price has not been disclosed following discussions with the counterparty. The acquisition price does not meet the criteria for timely disclosure.
Impact on Business Performance

The impact on the company's consolidated results is expected to be minor.

This transaction
ItemDetails
Transaction nameAcquisition of shares (making the company a subsidiary)
Counterparty nameTanuma Akitoshi (田沼 明敏)
Name of the Subject Company株式会社A-works
Business Description of the Subject CompanyResidential renovation work, restoration-to-original-condition work, repair work for occupied properties, and other activities
Location of the Subject CompanyMinuma-ku, Saitama City, Saitama Prefecture
Capital Stock of the Subject Company¥1 million
Date of Establishment of the Subject CompanyApril 2015
Net Sales of the Subject Company¥449.660 million (fiscal year ended August 2025)
Operating Profit of the Subject Company¥18.417 million (fiscal year ended August 2025)
Net Income of the Subject Company¥13.112 million (fiscal year ended August 2025)
Net Assets of the Subject Company¥94.993 million (fiscal year ended August 2025)
Acquisition priceThe acquisition price has not been disclosed following discussions with the counterparty. The acquisition price does not meet the criteria for timely disclosure.
Number of shares acquired100 shares (100 voting rights)
Voting rights ownership percentageBefore 0% → after 100%
Impact on Business PerformanceThe impact on the company's consolidated results is expected to be minor.
Date of board resolution14 October 2026
Contract Date14 October 2026
Execution Date / Effective Date2 November 2026 (scheduled)
Items this document does not state (14)
Expenses 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)Valuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement 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.

To establish a new business base in the renovation and restoration-to-original-condition businesses and expand services for customers. The company stated that it will continue to seek sustainable growth in corporate value as an integrated group.

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 A-works Co., Ltd. (Making It a Subsidiary) | Toell Co.,Ltd. (3361) timely disclosure | Komori