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M&A and Subsidiary Changes4198TENDA Co.,LTD.Information and Communications, Services and Others

Notice Concerning the Acquisition of Shares in Intelligent Systems Corporation and Its Conversion into a Subsidiary

TENDA resolved to acquire 80% of the common shares of Intelligent Systems Corporation, or 32,000 shares, for ¥76 million and make it a subsidiary. The share transfer is scheduled to take place on 25 December 2024.

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
76
¥ million
Wording
Conditional
How definitive the wording is.

This transaction

This share acquisition
Counterparty株式会社ユニックスホールディングス
Disclosing companyTENDA Co.,LTD.
インテリジェントシステムズ株式会社Voting rights ownership percentageNumber of shares acquired 32,000株(議決権の数:320個)

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.12 days from 決議 / 締結 to 実行.White points represent dates designated as scheduled dates in the document.
Target company

業務用アプリケーションなどのソフトウェア開発及びコンピュータシステムの運用・保守

Location Bunkyo-ku, TokyoShare capital ¥20 millionDate of incorporation 1978年5月12日
Net Sales363百万円(2024年3月期)
Operating profit23百万円(2024年3月期)
Net income for the current fiscal year17百万円(2024年3月期)
Net assets106百万円(2024年3月期)
Consideration and expenses
Acquisition price¥76 million
Expenses other than the acquisition price25百万円(アドバイザリー費用等)
Impact on Business Performance

2025年5月期の当社連結業績への影響は現在精査中

Procedures and assumptions
Management structure after acquisition連結子会社となる予定。商号の変更、代表者、従業員の処遇については記載なし。
This transaction
ItemDetails
Transaction nameThis share acquisition
Counterparty name株式会社ユニックスホールディングス
Name of the Subject Companyインテリジェントシステムズ株式会社
Business Description of the Subject Company業務用アプリケーションなどのソフトウェア開発及びコンピュータシステムの運用・保守
Location of the Subject CompanyBunkyo-ku, Tokyo
Capital Stock of the Subject Company¥20 million
Date of Establishment of the Subject Company1978年5月12日
Net Sales of the Subject Company363百万円(2024年3月期)
Operating Profit of the Subject Company23百万円(2024年3月期)
Net Income of the Subject Company17百万円(2024年3月期)
Net Assets of the Subject Company106百万円(2024年3月期)
Acquisition price¥76 million
Expenses other than the acquisition price25百万円(アドバイザリー費用等)
Number of shares acquired32,000株(議決権の数:320個)
Voting rights ownership percentageBefore 0.00% → after 80%
Impact on Business Performance2025年5月期の当社連結業績への影響は現在精査中
Date of board resolution2024年12月13日
Contract Date2024年12月13日
Execution Date / Effective Date2024年12月25日(予定)
Management structure after acquisition連結子会社となる予定。商号の変更、代表者、従業員の処遇については記載なし。
Items this document does not state (12)
Type 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 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.

インテリジェントシステムズ社が培った開発力と顧客基盤をグループに取り込むことで、DXソリューション事業の拡大、新規ソリューションビジネスの創出、受託開発事業の成長につながると判断したためです。

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 Concerning the Acquisition of Shares in Intelligent Systems Corporation and Its Conversion into a Subsidiary | TENDA Co.,LTD. (4198) timely disclosure | Komori