Worth reading
54Recurring
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
400
SharesWording
Conditional
How definitive the wording is.This transaction
This share acquisitionCounterpartyJoko Masataka (上甲將隆), Joko Hatsuko (上甲ハツ子)
Disclosing companyODK Solutions Company,Ltd.
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
Sales of development tools and contract development of business applications
Location Naniwa-ku, Osaka, Osaka PrefectureShare capital ¥20 millionDate of incorporation November 1991
Net Sales¥304 million (fiscal year ended December 2025)
Operating profit¥15 million (fiscal year ended December 2025)
Net income for the current fiscal year¥12 million (fiscal year ended December 2025)
Net assets¥142 million (fiscal year ended December 2025)
Consideration and expenses
Acquisition priceNot disclosed due to the counterparty's wishes and the confidentiality agreement between the parties
Impact on Business Performance
The amount of the impact on results for the current fiscal year is currently under review
Procedures and assumptions
Valuation methodologyValuation of the share value by an independent third-party valuation institution
| Item | Details |
|---|---|
| Transaction name | This share acquisition |
| Counterparty name | Joko Masataka (上甲將隆), Joko Hatsuko (上甲ハツ子) |
| Name of the Subject Company | 株式会社ミガロ |
| Business Description of the Subject Company | Sales of development tools and contract development of business applications |
| Location of the Subject Company | Naniwa-ku, Osaka, Osaka Prefecture |
| Capital Stock of the Subject Company | ¥20 million |
| Date of Establishment of the Subject Company | November 1991 |
| Net Sales of the Subject Company | ¥304 million (fiscal year ended December 2025) |
| Operating Profit of the Subject Company | ¥15 million (fiscal year ended December 2025) |
| Net Income of the Subject Company | ¥12 million (fiscal year ended December 2025) |
| Net Assets of the Subject Company | ¥142 million (fiscal year ended December 2025) |
| Acquisition price | Not disclosed due to the counterparty's wishes and the confidentiality agreement between the parties |
| Number of shares acquired | 400 shares (400 voting rights) |
| Voting rights ownership percentage | Before 0％ → after 100.0％ |
| Impact on Business Performance | The amount of the impact on results for the current fiscal year is currently under review |
| Date of board resolution | 29 September 2026 |
| Contract Date | 30 September 2026 |
| Execution Date / Effective Date | 19 October 2026 |
| Valuation methodology | Valuation of the share value by an independent third-party valuation institution |
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.To combine エフプラス's technical capabilities and operational expertise with ミガロ's expertise and customer base in the IBM i sector, develop industry-specific IBM i solutions and establish a competitive advantage.
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.