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

Notice Regarding a Subsidiary’s Acquisition of Shares Resulting in a Change in Consolidated Subsidiary Status (Making the Target an Indirect Subsidiary)

OKAMURA CORPORATION, a wholly owned consolidated subsidiary of the Company, decided to acquire all 1,000 issued shares of 吉見歯科器械店 and make it a wholly owned sub-subsidiary. The agreement signing and share transfer are scheduled for 27 and 28 March 2025, respectively.

Worth reading
47Recurring
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
15
Less than 15% of consolidated net assets at the end of the immediately preceding consolidated fiscal year
Wording
Conditional
How definitive the wording is.

This transaction

子会社による株式取得(孫会社化)
Counterparty吉見 章一
Disclosing companyMedical Net,Inc.
有限会社吉見歯科器械店Voting rights ownership percentageNumber of shares acquired 1,000 shares (number of voting rights: 1,000)

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

Wholesale of dental medical supplies and dental equipment and materials

Location Miyazaki, Miyazaki PrefectureShare capital ¥10 millionDate of incorporation 1974 年5月1日
Net Sales662 百万円(2024 年4月期)
Operating profit3 百万円(2024 年4月期)
Net income for the current fiscal year2 百万円(2024 年4月期)
Net assets71 百万円(2024 年4月期)
Consideration and expenses
Acquisition price非公表とさせていただきます(株主が個人であり、株式譲渡契約書における守秘義務をふまえ)
Impact on Business Performance

本株式取得に伴う当社グループの当期連結業績への影響につきましては軽微です。

Procedures and assumptions
Valuation methodologyAn amount calculated using a fair method following appropriate due diligence
This transaction
ItemDetails
Transaction name子会社による株式取得(孫会社化)
Counterparty name吉見 章一
Name of the Subject Company有限会社吉見歯科器械店
Business Description of the Subject CompanyWholesale of dental medical supplies and dental equipment and materials
Location of the Subject CompanyMiyazaki, Miyazaki Prefecture
Capital Stock of the Subject Company¥10 million
Date of Establishment of the Subject Company1974 年5月1日
Net Sales of the Subject Company662 百万円(2024 年4月期)
Operating Profit of the Subject Company3 百万円(2024 年4月期)
Net Income of the Subject Company2 百万円(2024 年4月期)
Net Assets of the Subject Company71 百万円(2024 年4月期)
Acquisition price非公表とさせていただきます(株主が個人であり、株式譲渡契約書における守秘義務をふまえ)
Number of shares acquired1,000 shares (number of voting rights: 1,000)
Voting rights ownership percentageBefore -% → after 100.0%
Impact on Business Performance本株式取得に伴う当社グループの当期連結業績への影響につきましては軽微です。
Date of board resolution2025 年3月26日
Contract Date2025 年3月27日(予定)
Execution Date / Effective Date2025 年3月28日(予定)
Valuation methodologyAn amount calculated using a fair method following appropriate due diligence
Items this document does not state (13)
Expenses 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)Independent 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.

吉見歯科器械店とオカムラが商品力・営業力を共有・協力することで事業をさらに強化し、南九州地区No.1ディーラーを目指すためです。

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 Subsidiary’s Acquisition of Shares Resulting in a Change in Consolidated Subsidiary Status (Making the Target an Indirect Subsidiary) | Medical Net,Inc. (3645) timely disclosure | Komori