Worth reading
44Recurring
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
16.1
approximately ¥ billionWording
Conditional
How definitive the wording is.This transaction
Acquisition of a businessCounterparty (target company)BC Japan株式会社
Disclosing companyWILLPLUS Holdings Corporation
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
New and used vehicle sales, maintenance, repairs, vehicle purchases, insurance agency services and related activities
Location Setagaya-ku, TokyoShare capital ¥1 millionDate of incorporation 1 May 2021
Net Sales¥6,440 million (fiscal year ended September 2025)
Net assets¥1,477 million (fiscal year-end not stated)
Consideration and expenses
Acquisition priceExpected to be approximately ¥1.61 billion. The consideration as of the acquisition date is stated on a provisional basis and may change going forward.
Type of ConsiderationCash
Impact on Business Performance
The Company expects the impact of this transaction on results for the current consolidated fiscal year to be immaterial. If any matters requiring disclosure arise, the Company will disclose them promptly.
Procedures and assumptions
Management structure after acquisitionThe employees of the 2 stores, Land Rover Setagaya and Land Rover Setagaya Service Center, will be transferred, and the business rights, including employees and customers, in certain areas of Tokyo and Kanagawa Prefecture, including Land Rover Meguro, will be acquired. The trade name and representative are not disclosed.
| Item | Details |
|---|---|
| Transaction name | Acquisition of a business |
| Counterparty name | BC Japan株式会社 |
| Name of the Subject Company | BC Japan株式会社 |
| Business Description of the Subject Company | New and used vehicle sales, maintenance, repairs, vehicle purchases, insurance agency services and related activities |
| Location of the Subject Company | Setagaya-ku, Tokyo |
| Capital Stock of the Subject Company | ¥1 million |
| Date of Establishment of the Subject Company | 1 May 2021 |
| Net Sales of the Subject Company | ¥6,440 million (fiscal year ended September 2025) |
| Net Assets of the Subject Company | ¥1,477 million (fiscal year-end not stated) |
| Acquisition price | Expected to be approximately ¥1.61 billion. The consideration as of the acquisition date is stated on a provisional basis and may change going forward. |
| Type of Consideration | Cash |
| Impact on Business Performance | The Company expects the impact of this transaction on results for the current consolidated fiscal year to be immaterial. If any matters requiring disclosure arise, the Company will disclose them promptly. |
| Date of board resolution | 6 July 2026 |
| Contract Date | 6 July 2026 |
| Execution Date / Effective Date | 17 August 2026 (scheduled) |
| Management structure after acquisition | The employees of the 2 stores, Land Rover Setagaya and Land Rover Setagaya Service Center, will be transferred, and the business rights, including employees and customers, in certain areas of Tokyo and Kanagawa Prefecture, including Land Rover Meguro, will be acquired. The trade name and representative are not disclosed. |
Items this document does not state (16)
Operating Profit of the Subject CompanyNet Income of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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 business in Tokyo and strengthen the Group’s sales and service structure in the Tokyo metropolitan area. The Company aims to improve the customer experience by combining the customer base and service network established by BC Japan with the Group’s expertise in imported-vehicle sales, after-sales service and related areas.
How to read this page
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