Worth reading
44Recurring
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
0.085
Distribution asset ratioWording
Avoiding a definitive answer
How definitive the wording is.This transaction
This spin-offDisclosing companyResonac Holdings Corporation
Target company
Petrochemicals business
| Item | Details |
|---|---|
| Transaction name | This spin-off |
| Name of the Subject Company | Crasus Chemical Inc. |
| Business Description of the Subject Company | Petrochemicals business |
Items this document does not state (29)
Counterparty nameLocation 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)Impact on Business PerformanceDate of board resolutionContract DateExecution Date / Effective DateValuation 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.The distribution asset ratio is a factor required to calculate the tax basis of the company's common shares after the spin-off and the クラサスケミカル common shares to be distributed in kind. As no further changes are expected before the distribution in kind takes effect, the company announced it as the expected final value.
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.