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M&A and Subsidiary Changes3591WACOAL HOLDINGS CORP.Materials and Chemicals

Acquisition of “Glamorise Foundations, Inc.” through a U.S. subsidiary — Achieving growth and improved profitability by strengthening the plus-size market and expanding the D2C platform

Wacoal Holdings decided to enter into an agreement, through its U.S. subsidiary, to acquire all issued shares of Glamorise Foundations, Inc., a U.S. women's innerwear company. The transaction will bring the group's product development capabilities in the plus-size segment and its D2C and e-commerce sales platform into the group.

Worth reading
61In focus
Scored from 3 of 5 sections
Direction
Improvement
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Wording
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This transaction

Acquisition of Glamorise Foundations, Inc. through the execution of a share purchase agreement
Disclosing companyWACOAL HOLDINGS CORP.
Glamorise Foundations, Inc.Subject of this transactionNumber of shares acquired All issued shares (number of shares and voting rights not disclosed)
Date of board resolution30 March 2026
Target company

Planning and development of women's innerwear and sales primarily through e-commerce

Location New York State, U.S.Date of incorporation Incorporated in 1955
Impact on Business Performance

The disclosure states that the transaction is intended to further improve growth and profitability, but provides no amount.

Procedures and assumptions
Management structure after acquisitionThe disclosure states that Glamorise will become a member of the Wacoal Group. Corporate name, representative and treatment of employees: Not disclosed
This transaction
ItemDetails
Transaction nameAcquisition of Glamorise Foundations, Inc. through the execution of a share purchase agreement
Name of the Subject CompanyGlamorise Foundations, Inc.
Business Description of the Subject CompanyPlanning and development of women's innerwear and sales primarily through e-commerce
Location of the Subject CompanyNew York State, U.S.
Date of Establishment of the Subject CompanyIncorporated in 1955
Number of shares acquiredAll issued shares (number of shares and voting rights not disclosed)
Impact on Business PerformanceThe disclosure states that the transaction is intended to further improve growth and profitability, but provides no amount.
Date of board resolution30 March 2026
Management structure after acquisitionThe disclosure states that Glamorise will become a member of the Wacoal Group. Corporate name, representative and treatment of employees: Not disclosed
Items this document does not state (23)
Counterparty nameCapital Stock of the Subject CompanyNet 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 periodVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateExecution Date / Effective 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.

The acquisition is intended to bring in product development capabilities in the plus-size segment, D2C and e-commerce operating capabilities, and a highly profitable business platform, and to leverage the group's product development expertise, digital marketing knowledge and in-house e-commerce operating know-how across the group, thereby expanding its customer base, increasing brand recognition, and improving growth and profitability.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Acquisition of “Glamorise Foundations, Inc.” through a U.S. subsidiary — Achieving growth and improved profitability by strengthening the plus-size market and expanding the D2C platform | WACOAL HOLDINGS CORP. (3591) timely disclosure | Komori