Worth reading
46Recurring
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 yearWording
Conditional
How definitive the wording is.This transaction
Share acquisition (making the target a grand-subsidiary)CounterpartyItakura Jun (板倉 潤), Itakura Shigenori (板倉 繁紀)
Disclosing companyMedical Net,Inc.
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.
Target company
Wholesale of dental medical supplies and dental equipment and materials
Location Naha, Okinawa PrefectureShare capital ¥6 millionDate of incorporation 11 June 1975
Net Sales¥269 million (fiscal year ended March 2026)
Operating profit¥3 million (fiscal year ended March 2026)
Net income for the current fiscal year¥4 million (fiscal year ended March 2026)
Net assets¥38 million (fiscal year ended March 2026)
Consideration and expenses
Acquisition priceNot disclosed because the shareholders are individuals and in accordance with the confidentiality obligations under the share transfer agreement
Impact on Business Performance
Immaterial
Procedures and assumptions
Valuation methodologyAn amount calculated using a fair method following appropriate due diligence
| Item | Details |
|---|---|
| Transaction name | Share acquisition (making the target a grand-subsidiary) |
| Counterparty name | Itakura Jun (板倉 潤), Itakura Shigenori (板倉 繁紀) |
| Name of the Subject Company | 有限会社板倉歯科器材店 |
| Business Description of the Subject Company | Wholesale of dental medical supplies and dental equipment and materials |
| Location of the Subject Company | Naha, Okinawa Prefecture |
| Capital Stock of the Subject Company | ¥6 million |
| Date of Establishment of the Subject Company | 11 June 1975 |
| Net Sales of the Subject Company | ¥269 million (fiscal year ended March 2026) |
| Operating Profit of the Subject Company | ¥3 million (fiscal year ended March 2026) |
| Net Income of the Subject Company | ¥4 million (fiscal year ended March 2026) |
| Net Assets of the Subject Company | ¥38 million (fiscal year ended March 2026) |
| Acquisition price | Not disclosed because the shareholders are individuals and in accordance with the confidentiality obligations under the share transfer agreement |
| Number of shares acquired | 600 shares (number of voting rights: 600) |
| Voting rights ownership percentage | Before －％ → after 100.0％ |
| Impact on Business Performance | Immaterial |
| Date of board resolution | 28 September 2026 |
| Contract Date | 16 October 2026 (scheduled) |
| Execution Date / Effective Date | 16 October 2026 (scheduled) |
| Valuation methodology | An 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.The company expects to strengthen its product offering by improving purchasing terms and starting business with new suppliers, increase sales of materials and other products, and increase the number of new business-opening and business-succession projects secured through consulting-based sales. It also plans to expand its business in southern Kyushu by working with its consolidated subsidiary 有限会社吉見歯科器械店.
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.