Komori
M&A and Subsidiary Changes3560Hobonichi Co.,Ltd.Retail

Notice Regarding a Change in a Specified Subsidiary

The Company has resolved to make a $330,000 capital contribution to its U.S. subsidiary, Hobonichi Inc., increasing its stated capital from $70,000 to $400,000. The Company's equity interest will remain 100% after the capital increase, and Hobonichi Inc. will continue to qualify as a specified subsidiary.

Worth reading
40Recurring
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
330000
Dollar
Wording
Conditional
How definitive the wording is.

This transaction

This capital increase
Counterparty (target company)Hobonichi Inc.
Disclosing companyHobonichi Co.,Ltd.
Voting rights ownership percentage

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

Sales of Hobonichi Techo and related products

Location Wilmington, Delaware, U.S.Share capital Before the capital increase: $70,000 (approximately ¥11 million); after the capital increase: $400,000 (approximately ¥64 million)Date of incorporation 1 November 2025
Net SalesNot applicable (the company was established in November 2025)
Operating profitNot applicable (the company was established in November 2025)
Net income for the current fiscal yearNot applicable (the company was established in November 2025)
Net assetsNot applicable (the company was established in November 2025)
Consideration and expenses
Acquisition price$330,000 (approximately ¥52 million) (capital contribution amount)
Type of ConsiderationCash payment
Funding arrangementsPayment by the Company (specific source of funds: Not disclosed)
Impact on Business Performance

The impact on results for the fiscal year ending August 2026 is expected to be minor.

This transaction
ItemDetails
Transaction nameThis capital increase
Counterparty nameHobonichi Inc.
Name of the Subject CompanyHobonichi Inc.
Business Description of the Subject CompanySales of Hobonichi Techo and related products
Location of the Subject CompanyWilmington, Delaware, U.S.
Capital Stock of the Subject CompanyBefore the capital increase: $70,000 (approximately ¥11 million); after the capital increase: $400,000 (approximately ¥64 million)
Date of Establishment of the Subject Company1 November 2025
Net Sales of the Subject CompanyNot applicable (the company was established in November 2025)
Operating Profit of the Subject CompanyNot applicable (the company was established in November 2025)
Net Income of the Subject CompanyNot applicable (the company was established in November 2025)
Net Assets of the Subject CompanyNot applicable (the company was established in November 2025)
Acquisition price$330,000 (approximately ¥52 million) (capital contribution amount)
Type of ConsiderationCash payment
Voting rights ownership percentageBefore 100% → after 100%
Funding arrangementsPayment by the Company (specific source of funds: Not disclosed)
Impact on Business PerformanceThe impact on results for the fiscal year ending August 2026 is expected to be minor.
Date of board resolution26 June 2026
Execution Date / Effective Date30 June 2026 (scheduled payment date)
Items this document does not state (14)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredGoodwill amountAmount of extraordinary income (loss)Contract DateValuation 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.

The purpose is to strengthen the Company's management base as it expands its business in North America.

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 a Change in a Specified Subsidiary | Hobonichi Co.,Ltd. (3560) timely disclosure | Komori