Worth reading
71In focus
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
611
¥ millions (approximate amount, including the ¥570 million acquisition price and ¥41 million in advisory fees and other expenses)Wording
Conditional
How definitive the wording is.This transaction
Acquisition of shares in 株式会社テスコムジャパン (making it a subsidiary)Counterparty1 individual shareholder (details undisclosed), 1 other individual shareholder (details undisclosed)
Disclosing companySECURE,INC.
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.
Target company
Manufacture and sale of CCTV equipment, security equipment and electronic application equipment; electronic circuit design, mechanical design, various mold design, printed circuit board assembly and assembly operations
Location Yamashina-ku, Kyoto, Kyoto PrefectureShare capital ¥50 millionDate of incorporation 22 August 2000
Net Sales¥692 million (fiscal year ended March 2026)
Operating profit¥65 million (fiscal year ended March 2026)
Net income for the current fiscal year¥48 million (fiscal year ended March 2026)
Net assets¥442 million (fiscal year ended March 2026)
Consideration and expenses
Acquisition price¥570 million
Expenses other than the acquisition priceAdvisory fees and other expenses (approximate amount): ¥41 million
Type of ConsiderationCash
Impact on Business Performance
The impact on results for the fiscal year ending December 2026 is currently under review. If any matter requiring disclosure arises, it will be disclosed promptly.
Major shareholders of the target company and their ownership ratios1 individual shareholder (90.0%); 1 other individual shareholder (10.0%)
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares in 株式会社テスコムジャパン (making it a subsidiary) |
| Counterparty name | 1 individual shareholder (details undisclosed), 1 other individual shareholder (details undisclosed) |
| Name of the Subject Company | 株式会社テスコムジャパン |
| Business Description of the Subject Company | Manufacture and sale of CCTV equipment, security equipment and electronic application equipment; electronic circuit design, mechanical design, various mold design, printed circuit board assembly and assembly operations |
| Location of the Subject Company | Yamashina-ku, Kyoto, Kyoto Prefecture |
| Capital Stock of the Subject Company | ¥50 million |
| Date of Establishment of the Subject Company | 22 August 2000 |
| Net Sales of the Subject Company | ¥692 million (fiscal year ended March 2026) |
| Operating Profit of the Subject Company | ¥65 million (fiscal year ended March 2026) |
| Net Income of the Subject Company | ¥48 million (fiscal year ended March 2026) |
| Net Assets of the Subject Company | ¥442 million (fiscal year ended March 2026) |
| Acquisition price | ¥570 million |
| Expenses other than the acquisition price | Advisory fees and other expenses (approximate amount): ¥41 million |
| Type of Consideration | Cash |
| Number of shares acquired | 1,000 shares (number of voting rights: 1,000) |
| Voting rights ownership percentage | Before 0.0％ → after 100.0％ |
| Impact on Business Performance | The impact on results for the fiscal year ending December 2026 is currently under review. If any matter requiring disclosure arises, it will be disclosed promptly. |
| Date of board resolution | 16 June 2026 |
| Contract Date | 16 June 2026 |
| Execution Date / Effective Date | 1 July 2026 (share transfer completion date) |
| Major shareholders of the target company and their ownership ratios | 1 individual shareholder (90.0%); 1 other individual shareholder (10.0%) |
Items this document does not state (12)
Merger 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 bring テスコムジャパン’s development and manufacturing technologies for security equipment into the Group and combine them with the Group’s sales channels and sales capabilities, thereby expanding its sales domains, strengthening its product capabilities by combining AI and payment technologies with hardware, and bringing hardware design and development capabilities in-house.
How to read this page
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