Worth reading
54Recurring
Scored from 2 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
26
¥ million (projected revenue for the fiscal year ending May 2026)Wording
Conditional
How definitive the wording is.This transaction
Resale business for products sold by CostcoTimelineThe spacing between the points is proportional to the actual number of days.
Impact on Business Performance
The impact on profit is expected to be immaterial.
Procedures and assumptions
Management structure after acquisitionテノーラ株式会社 will operate the business independently. It will develop and enhance the business processes relating to order receipt, purchasing, inventory and shipping, with the aim of establishing a stable and sustainable operating structure.
Target warehousesCostco Wholesale Sapporo Warehouse (Hokkaido), T o m i y a Warehouse (Miyagi Prefecture), Hiroshima Warehouse (Hiroshima Prefecture), Hisayama Warehouse (Fukuoka Prefecture), and Kumamoto Mifune Warehouse (Kumamoto Prefecture)
| Item | Details |
|---|---|
| Transaction name | Resale business for products sold by Costco |
| Impact on Business Performance | The impact on profit is expected to be immaterial. |
| Date of board resolution | 31 March 2026 (date of the resolution by the board of directors of テノーラ株式会社) |
| Execution Date / Effective Date | Scheduled to commence on 23 April 2026 |
| Management structure after acquisition | テノーラ株式会社 will operate the business independently. It will develop and enhance the business processes relating to order receipt, purchasing, inventory and shipping, with the aim of establishing a stable and sustainable operating structure. |
| Target warehouses | Costco Wholesale Sapporo Warehouse (Hokkaido), T o m i y a Warehouse (Miyagi Prefecture), Hiroshima Warehouse (Hiroshima Prefecture), Hisayama Warehouse (Fukuoka Prefecture), and Kumamoto Mifune Warehouse (Kumamoto Prefecture) |
Items this document does not state (27)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation 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 CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract 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 reasons given are diversification of the earnings base and the creation of new growth opportunities, stable logistics operations, prevention of stockouts and shipping delays, and improved customer satisfaction through shorter lead times. The change in the target warehouses was made after considering logistics access, delivery routes and replenishment arrangements, among other factors.
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.