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M&A and Subsidiary Changes3645Medical Net,Inc.Information and Communications, Services and Others

Notice Concerning the Acquisition of Shares in AVision Co., Ltd. (Making It a Subsidiary)

Medical Net,Inc. resolved to acquire 100% of the issued shares of AVision Co., Ltd., with 49% acquired by the Company and 51% by consolidated subsidiary NU-DENT Co., Ltd., and make AVision a consolidated subsidiary. The agreement signing and completion of the share acquisition were scheduled for 19 March 2024.

Worth reading
55In focus
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
85000
千バーツ
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares (making the company a subsidiary)
CounterpartyAMBS Co., Ltd., Siriporn Phipatpongpan, Suchai Yenruedee, Kanokporn Pattanichanon, Thitiphat Chunkampanart, Khanchai Phatanaphanchai, Achievable Co., Ltd.
Disclosing companyMedical Net,Inc.
AVision Co., Ltd.Voting rights ownership percentageNumber of shares acquired 100,000 株(議決権の数:100,000 個)。NU-DENT Co., Ltd. 51,000 株、当社49,000 株

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.5 days from 決議 to 締結 / 実行.White points represent dates designated as scheduled dates in the document.
Target company

タイにおける POS システム開発・導入・メンテナンス事業

Location Bangkok, ThailandShare capital 10,000 千バーツ(41,300 千円)Date of incorporation 2004 年9月 15 日
Net Sales2022 年 12 月期:113,867 千バーツ(470,273 千円)
Operating profit2022 年 12 月期:9,613 千バーツ(39,702 千円)
Net income for the current fiscal year2022 年 12 月期:7,654 千バーツ(31,611 千円)
Net assets2022 年 12 月期:26,363 千バーツ(108,881 千円)
Consideration and expenses
Acquisition price85,000 千バーツ(351,050 千円)
Expenses other than the acquisition price取得関連費用(概算額):6,000 千バーツ(24,780 千円)
Impact on Business Performance

今後の当社の業績及び連結業績に与える影響額は現在精査しております。今後、開示すべき事項が生じた場合には、速やかに公表いたします。

Procedures and assumptions
Management structure after acquisitionAVision社は連結子会社となる。今後、AVision社の持つIT技術を活用し、タイの歯科クリニックのIT化を促進するとともに、NU-DENT社の歯科商社事業のDX化を推進する。商号変更、代表者の変更、従業員の処遇についてはNot disclosed
This transaction
ItemDetails
Transaction nameAcquisition of shares (making the company a subsidiary)
Counterparty nameAMBS Co., Ltd., Siriporn Phipatpongpan, Suchai Yenruedee, Kanokporn Pattanichanon, Thitiphat Chunkampanart, Khanchai Phatanaphanchai, Achievable Co., Ltd.
Name of the Subject CompanyAVision Co., Ltd.
Business Description of the Subject Companyタイにおける POS システム開発・導入・メンテナンス事業
Location of the Subject CompanyBangkok, Thailand
Capital Stock of the Subject Company10,000 千バーツ(41,300 千円)
Date of Establishment of the Subject Company2004 年9月 15 日
Net Sales of the Subject Company2022 年 12 月期:113,867 千バーツ(470,273 千円)
Operating Profit of the Subject Company2022 年 12 月期:9,613 千バーツ(39,702 千円)
Net Income of the Subject Company2022 年 12 月期:7,654 千バーツ(31,611 千円)
Net Assets of the Subject Company2022 年 12 月期:26,363 千バーツ(108,881 千円)
Acquisition price85,000 千バーツ(351,050 千円)
Expenses other than the acquisition price取得関連費用(概算額):6,000 千バーツ(24,780 千円)
Number of shares acquired100,000 株(議決権の数:100,000 個)。NU-DENT Co., Ltd. 51,000 株、当社49,000 株
Voting rights ownership percentageBefore -% → after 100.0%
Impact on Business Performance今後の当社の業績及び連結業績に与える影響額は現在精査しております。今後、開示すべき事項が生じた場合には、速やかに公表いたします。
Date of board resolution2024 年3月 14 日
Contract Date2024 年3月 19 日(予定)
Execution Date / Effective Date2024 年3月 19 日(予定)
Management structure after acquisitionAVision社は連結子会社となる。今後、AVision社の持つIT技術を活用し、タイの歯科クリニックのIT化を促進するとともに、NU-DENT社の歯科商社事業のDX化を推進する。商号変更、代表者の変更、従業員の処遇についてはNot disclosed
Items this document does not state (12)
Type 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 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.

AVision社のIT技術を活用してタイの歯科クリニックのIT化を進めるとともに、NU-DENT社の歯科商社事業のDX化を推進し、タイでの事業領域を拡大するためです。

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Notice Concerning the Acquisition of Shares in AVision Co., Ltd. (Making It a Subsidiary) | Medical Net,Inc. (3645) timely disclosure | Komori