Komori
M&A and Subsidiary Changes4125SANWAYUKA INDUSTRY CORPORATIONMaterials and Chemicals

Notice Regarding a Company Split with a Subsidiary (Simplified Absorption-Type Company Split)

Certain functions of the engineering businesses of the company and subsidiary サンワリューツー株式会社 will be consolidated at the wholly owned subsidiary サンワ分析センター株式会社 through an absorption-type company split. The effective date is 1 April 2027, and no shares or other consideration will be allocated or delivered.

Worth reading
36Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
1559
¥ million (revenue of the transferred division for the fiscal year ended March 2026)
Wording
Conditional
How definitive the wording is.

This transaction

Company split
Counterpartyサンワ分析センター株式会社 (successor company), サンワリューツー株式会社 (splitting company)
Disclosing companySANWAYUKA INDUSTRY CORPORATION
サンワ分析センター株式会社 (successor company)Subject of this transactionVoting rights ownership percentage Before 100.0% (shareholding structure of サンワ分析センター株式会社 as of 31 March 2026) (after not disclosed)
TimelineThe spacing between the points is proportional to the actual number of days.
Contract DateTo be determined (an announcement will be made promptly once finalized)
Target company

Qualitative asbestos analysis; work environment measurements

Location Kariya, Aichi PrefectureShare capital ¥10 millionDate of incorporation 1 November 2011
Net Sales¥37.891 million (fiscal year ended March 2026)
Operating profit¥4.487 million (fiscal year ended March 2026)
Net income for the current fiscal year¥3.542 million (fiscal year ended March 2026)
Net assets¥29.352 million (fiscal year ended March 2026)
Consideration and expenses
Acquisition priceNo shares or other consideration will be allocated or delivered
Type of ConsiderationNo consideration (no shares or other consideration will be allotted or delivered)
Impact on Business Performance

As this company split is an absorption-type company split involving the company and its consolidated subsidiary, its impact on consolidated results will be immaterial.

Procedures and assumptions
Conditions Precedent to ExecutionThis company split qualifies as both a simplified absorption-type company split and a short-form absorption-type company split, and shareholder approval of the absorption-type company split agreement will not be sought in either case.
Management structure after acquisitionA name change is planned for the successor company, サンワ分析センター株式会社, but the new name has not been finalized. There will be no changes to the names, locations, titles or names of representatives, business activities, stated capital or fiscal year-end of the company or サンワリューツー株式会社. Employee treatment: Not disclosed
This transaction
ItemDetails
Transaction nameCompany split
Counterparty nameサンワ分析センター株式会社 (successor company), サンワリューツー株式会社 (splitting company)
Name of the Subject Companyサンワ分析センター株式会社 (successor company)
Business Description of the Subject CompanyQualitative asbestos analysis; work environment measurements
Location of the Subject CompanyKariya, Aichi Prefecture
Capital Stock of the Subject Company¥10 million
Date of Establishment of the Subject Company1 November 2011
Net Sales of the Subject Company¥37.891 million (fiscal year ended March 2026)
Operating Profit of the Subject Company¥4.487 million (fiscal year ended March 2026)
Net Income of the Subject Company¥3.542 million (fiscal year ended March 2026)
Net Assets of the Subject Company¥29.352 million (fiscal year ended March 2026)
Acquisition priceNo shares or other consideration will be allocated or delivered
Type of ConsiderationNo consideration (no shares or other consideration will be allotted or delivered)
Voting rights ownership percentageBefore 100.0% (shareholding structure of サンワ分析センター株式会社 as of 31 March 2026) (after not disclosed)
Impact on Business PerformanceAs this company split is an absorption-type company split involving the company and its consolidated subsidiary, its impact on consolidated results will be immaterial.
Date of board resolution13 November 2026
Contract DateTo be determined (an announcement will be made promptly once finalized)
Execution Date / Effective Date1 April 2027 (effective date)
Conditions Precedent to ExecutionThis company split qualifies as both a simplified absorption-type company split and a short-form absorption-type company split, and shareholder approval of the absorption-type company split agreement will not be sought in either case.
Management structure after acquisitionA name change is planned for the successor company, サンワ分析センター株式会社, but the new name has not been finalized. There will be no changes to the names, locations, titles or names of representatives, business activities, stated capital or fiscal year-end of the company or サンワリューツー株式会社. Employee treatment: Not disclosed
Items this document does not state (12)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial Committee

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 consolidate at サンワ分析センター株式会社 the company's functions as the prime contractor and sales contact, together with サンワリューツー株式会社's functions for providing transportation, cleaning and other services, thereby improving operational efficiency and pursuing further business growth.

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.
Notice Regarding a Company Split with a Subsidiary (Simplified Absorption-Type Company Split) | SANWAYUKA INDUSTRY CORPORATION (4125) timely disclosure | Komori