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M&A and Subsidiary Changes3762TECHMATRIX CORPORATIONInformation and Communications, Services and Others

(Update on Previously Disclosed Matter) Notice Regarding the Acquisition of Shares in メドメイン株式会社 to Make It a Consolidated Subsidiary

TechMatrix and its consolidated subsidiary PSP have agreed with the shareholders to acquire, for a total of approximately ¥2.3 billion, all shares of Medmain other than those held by Medmain's Representative Director and CEO. Following the acquisition, Medmain is expected to become a consolidated subsidiary of TechMatrix, and the number of shares to be acquired, acquisition price and closing date have been specified.

Worth reading
54Recurring
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
23
¥ million
Wording
Conditional
How definitive the wording is.

This transaction

This share acquisition
CounterpartyShareholders of Medmain Co., Ltd. (excluding Iizuka Osamu (飯塚 統), Medmain's Representative Director and CEO)
Disclosing companyTECHMATRIX CORPORATION
Medmain Co., Ltd.Voting rights ownership percentageNumber of shares acquired The Company: 8,427 common shares, 14,077 Class S preferred shares and 22,867 Class A preferred shares (45,371 voting rights); PSP: 7,145 common shares, 19,864 Class S preferred shares and 17,295 Class A preferred shares (44,304 voting rights)

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
Location Fukuoka, Fukuoka Prefecture
Consideration and expenses
Acquisition priceApproximately ¥2.3 billion (PSP: approximately ¥1.14 billion; the Company: approximately ¥1.16 billion)
Type of ConsiderationCash / payment method for the share transfer consideration not disclosed
Procedures and assumptions
Management structure after acquisitionMedmain is expected to become a consolidated subsidiary of the Company. The trade name, representative and treatment of employees: not disclosed
This transaction
ItemDetails
Transaction nameThis share acquisition
Counterparty nameShareholders of Medmain Co., Ltd. (excluding Iizuka Osamu (飯塚 統), Medmain's Representative Director and CEO)
Name of the Subject CompanyMedmain Co., Ltd.
Location of the Subject CompanyFukuoka, Fukuoka Prefecture
Acquisition priceApproximately ¥2.3 billion (PSP: approximately ¥1.14 billion; the Company: approximately ¥1.16 billion)
Type of ConsiderationCash / payment method for the share transfer consideration not disclosed
Number of shares acquiredThe Company: 8,427 common shares, 14,077 Class S preferred shares and 22,867 Class A preferred shares (45,371 voting rights); PSP: 7,145 common shares, 19,864 Class S preferred shares and 17,295 Class A preferred shares (44,304 voting rights)
Voting rights ownership percentageBefore The Company: 0.00%; PSP: 15.00% → after The Company: 29.10%; PSP: 42.95%
Contract Date24 April 2026
Execution Date / Effective Date30 April 2026 (scheduled). However, the closing date for the share transfer differs for each shareholder.
Management structure after acquisitionMedmain is expected to become a consolidated subsidiary of the Company. The trade name, representative and treatment of employees: not disclosed
Items this document does not state (21)
Business Description of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionValuation 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 disclosure states that the acquisition of shares to make Medmain a consolidated subsidiary is proceeding, but does not describe the strategic rationale or purpose of the transaction.

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.
(Update on Previously Disclosed Matter) Notice Regarding the Acquisition of Shares in メドメイン株式会社 to Make It a Consolidated Subsidiary | TECHMATRIX CORPORATION (3762) timely disclosure | Komori