Worth reading
58In focus
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
80000000
Indian rupees (approximately ¥150 million)Wording
Conditional
How definitive the wording is.This transaction
Subsidiary EstablishmentDisclosing companyTOKUDEN CO.,LTD.
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.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Sale of specialty welding materials and welding services
Location Office no-528,Puri 81 Business Hub, Sector-81,Faridabad, Haryana IndiaShare capital 80,000,000 Indian rupees (approximately ¥150 million)Date of incorporation October 2026 (scheduled)
Net assets80,000,000 Indian rupees (approximately ¥150 million)
Impact on Business Performance
The impact on the Company's consolidated and non-consolidated results for the fiscal year ending March 2027 is expected to be minor.
Procedures and assumptions
Management structure after acquisitionChairman Nishikawa Homare (西川 誉). One Company director and one employee are scheduled to concurrently serve as officers of the subsidiary. Trade name change: Not disclosed.
| Item | Details |
|---|---|
| Transaction name | Subsidiary Establishment |
| Name of the Subject Company | TOKUDEN INDIA PVT. LTD. |
| Business Description of the Subject Company | Sale of specialty welding materials and welding services |
| Location of the Subject Company | Office no-528,Puri 81 Business Hub, Sector-81,Faridabad, Haryana India |
| Capital Stock of the Subject Company | 80,000,000 Indian rupees (approximately ¥150 million) |
| Date of Establishment of the Subject Company | October 2026 (scheduled) |
| Net Assets of the Subject Company | 80,000,000 Indian rupees (approximately ¥150 million) |
| Voting rights ownership percentage | After 100％ (before not disclosed) |
| Impact on Business Performance | The impact on the Company's consolidated and non-consolidated results for the fiscal year ending March 2027 is expected to be minor. |
| Date of board resolution | 30 June 2026 |
| Execution Date / Effective Date | October 2026 (scheduled) |
| Management structure after acquisition | Chairman Nishikawa Homare (西川 誉). One Company director and one employee are scheduled to concurrently serve as officers of the subsidiary. Trade name change: Not disclosed. |
Items this document does not state (20)
Counterparty nameNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent 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 expand the Company's business in the Indian market and strengthen its sales structure by capturing expected growth in demand for specialty welding materials and welding services in the country.
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.