Komori
M&A and Subsidiary Changes3479TKP CorporationReal Estate

Notice Regarding the Change in a Company Accounted for Under the Equity Method to a Consolidated Subsidiary

TKP has decided to additionally acquire the 65% interest in 味工房スイセン held by its parent company, HURXLEY HOLDINGS CORPORATION, making 味工房スイセン a wholly owned subsidiary of TKP with 100% of the voting rights. The share transfer is scheduled to be completed on 31 August 2026.

Worth reading
38Recurring
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
65
Percentage of issued shares acquired (%)
Wording
Definitive
How definitive the wording is.

This transaction

Conversion into a consolidated subsidiary through share acquisition
CounterpartyHURXLEY HOLDINGS CORPORATION
Disclosing companyTKP Corporation
株式会社味工房スイセンVoting rights ownership percentageNumber of shares acquired 2,600 shares

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

Catering and production of Japanese, Western and Chinese cuisine, sushi and confectionery, and catering services

Location Shinagawa Ward, TokyoShare capital ¥10 millionDate of incorporation 1 February 1991
Impact on Business Performance

The impact on consolidated results for the fiscal year ending February 2027 will be minor.

This transaction
ItemDetails
Transaction nameConversion into a consolidated subsidiary through share acquisition
Counterparty nameHURXLEY HOLDINGS CORPORATION
Name of the Subject Company株式会社味工房スイセン
Business Description of the Subject CompanyCatering and production of Japanese, Western and Chinese cuisine, sushi and confectionery, and catering services
Location of the Subject CompanyShinagawa Ward, Tokyo
Capital Stock of the Subject Company¥10 million
Date of Establishment of the Subject Company1 February 1991
Number of shares acquired2,600 shares
Voting rights ownership percentageBefore 35.0% → after 100.0%
Impact on Business PerformanceThe impact on consolidated results for the fiscal year ending February 2027 will be minor.
Date of board resolution28 August 2026
Contract Date28 August 2026
Execution Date / Effective Date31 August 2026 (scheduled)
Items this document does not state (19)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets 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 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 further strengthen the in-house operation of the Group's food and beverage business in order to respond to expanding demand for food and beverage services and address customer needs with greater agility. The decision also reflects the improvements in operating efficiency and synergies generated through their collaboration to date.

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 Change in a Company Accounted for Under the Equity Method to a Consolidated Subsidiary | TKP Corporation (3479) timely disclosure | Komori