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M&A and Subsidiary Changes3954SHOWA PAXXS CORPORATIONMaterials and Chemicals

Notice of Decision to Make an Additional Acquisition of Shares in a Consolidated Subsidiary

The Company will acquire an additional 155,000 shares of タイ昭和パックス from Marubeni Corporation, while the Company's subsidiary 山陰製袋工業 will acquire 35,000 shares from Marubeni Thailand. As a result, the voting rights ownership percentage of the Company's group in タイ昭和パックス, including indirect ownership, will increase from 90.0% to 99.8%.

Worth reading
38Recurring
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
9.8
Increase in voting rights ownership percentage (percentage points, including indirect ownership)
Wording
Conditional
How definitive the wording is.

This transaction

Additional Acquisition of Shares in Consolidated Subsidiaries
CounterpartyMarubeni Corporation, Marubeni Thailand Co., Ltd.
Disclosing companySHOWA PAXXS CORPORATION
タイ昭和パックス株式会社Subject of this transactionNumber of shares acquired 昭和パックス株式会社: 155,000 shares; 山陰製袋工業株式会社: 35,000 shares (190,000 shares in total). The number of voting rights is Not disclosed.Voting rights ownership percentage Before 90.0 → after 99.8
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company

Manufacture and sale of kraft paper bags, films and containers

Location Pluak Daeng, Rayong Province, ThailandShare capital Baht 190 millionDate of incorporation 8 April 1997
Consideration and expenses
Acquisition priceThe acquisition price will not be disclosed.
Impact on Business Performance

The acquisition will have no impact on the Company's consolidated results for the fiscal year ending March 2026.

This transaction
ItemDetails
Transaction nameAdditional Acquisition of Shares in Consolidated Subsidiaries
Counterparty nameMarubeni Corporation, Marubeni Thailand Co., Ltd.
Name of the Subject Companyタイ昭和パックス株式会社
Business Description of the Subject CompanyManufacture and sale of kraft paper bags, films and containers
Location of the Subject CompanyPluak Daeng, Rayong Province, Thailand
Capital Stock of the Subject CompanyBaht 190 million
Date of Establishment of the Subject Company8 April 1997
Acquisition priceThe acquisition price will not be disclosed.
Number of shares acquired昭和パックス株式会社: 155,000 shares; 山陰製袋工業株式会社: 35,000 shares (190,000 shares in total). The number of voting rights is Not disclosed.
Voting rights ownership percentageBefore 90.0 → after 99.8
Impact on Business PerformanceThe acquisition will have no impact on the Company's consolidated results for the fiscal year ending March 2026.
Date of board resolution25 March 2026
Contract Date1 April 2026 (予定)
Execution Date / Effective Date8 May 2026 (payment date,予定)
Items this document does not state (18)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses 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)Valuation methodologyIndependent 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 improve the efficiency of the Company's group management.

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Notice of Decision to Make an Additional Acquisition of Shares in a Consolidated Subsidiary | SHOWA PAXXS CORPORATION (3954) timely disclosure | Komori