Worth reading
50Recurring
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
580
hundred million Korean won (approximately ¥6.76 billion)Wording
Conditional
How definitive the wording is.This transaction
Acquisition of control of Hi-QDisclosing companySekisui Jushi Corporation
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Development, manufacturing and sales of road and construction safety products
Location 526-6 Namyangman-ro, Ujeong-eup, Hwaseong-si, Gyeonggi-do, Republic of KoreaShare capital Approximately KRW 1.4 billion (approximately ¥160 million)Date of incorporation 1 February 1987
Net SalesKRW 27.1 billion (approximately ¥3.14 billion) / fiscal year ended December 2025
Operating profitKRW 2.2 billion (approximately ¥250 million) / fiscal year ended December 2025
Net assetsKRW 30.3 billion (approximately ¥3.51 billion) / fiscal year ended December 2025
Consideration and expenses
Acquisition priceKRW 58.0 billion (approximately ¥6.76 billion)
Type of ConsiderationCash
Impact on Business Performance
The impact of this transaction on the current consolidated earnings forecast is expected to be minor. The impact on consolidated results is expected to be reflected from the fourth quarter of the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Transaction name | Acquisition of control of Hi-Q |
| Name of the Subject Company | Hi-Q Co., Ltd. |
| Business Description of the Subject Company | Development, manufacturing and sales of road and construction safety products |
| Location of the Subject Company | 526-6 Namyangman-ro, Ujeong-eup, Hwaseong-si, Gyeonggi-do, Republic of Korea |
| Capital Stock of the Subject Company | Approximately KRW 1.4 billion (approximately ¥160 million) |
| Date of Establishment of the Subject Company | 1 February 1987 |
| Net Sales of the Subject Company | KRW 27.1 billion (approximately ¥3.14 billion) / fiscal year ended December 2025 |
| Operating Profit of the Subject Company | KRW 2.2 billion (approximately ¥250 million) / fiscal year ended December 2025 |
| Net Assets of the Subject Company | KRW 30.3 billion (approximately ¥3.51 billion) / fiscal year ended December 2025 |
| Acquisition price | KRW 58.0 billion (approximately ¥6.76 billion) |
| Type of Consideration | Cash |
| Impact on Business Performance | The impact of this transaction on the current consolidated earnings forecast is expected to be minor. The impact on consolidated results is expected to be reflected from the fourth quarter of the fiscal year ending March 2027. |
| Date of board resolution | 29 June 2026 |
| Contract Date | 29 June 2026 |
| Execution Date / Effective Date | 6 October 2026 |
Items this document does not state (17)
Counterparty nameNet Income of the Subject CompanyExpenses other than the acquisition priceMerger 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)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 strengthen overseas expansion and capture growth in the Asian market by securing development, manufacturing and sales operations in South Korea and a production base in Vietnam, thereby optimizing the production structure, enhancing supply capacity, accelerating product development and expanding the product portfolio.
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.