Worth reading
56In 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
15
Less than 15% of net assets in the immediately preceding consolidated fiscal year and preceding fiscal yearWording
Conditional
How definitive the wording is.This transaction
Acquisition of shares (making the company a subsidiary)CounterpartyOzaki Wataru (尾崎 亘)
Disclosing companyHIMACS,Ltd.
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
Contracted system development, website design and production, virtual content production, system implementation consulting, packaged software sales, cloud services and rental server services
Location Taito-ku, TokyoShare capital ¥22 millionDate of incorporation 15 December 2000
Net Sales¥1,437 million (fiscal year ended March 2025)
Operating profit¥108 million (fiscal year ended March 2025)
Net income for the current fiscal year¥67 million (fiscal year ended March 2025)
Net assets¥168 million (fiscal year ended March 2025)
Consideration and expenses
Acquisition priceNot disclosed at the counterparty’s request
Impact on Business Performance
The consolidation of 株式会社コアソフト as a subsidiary is expected to be reflected in HIMACS, LTD.'s consolidated results from the fiscal year ending March 2027. The impact on consolidated results for the fiscal year ending March 2026 is currently being assessed. HIMACS, LTD. will promptly disclose any matters that should be disclosed in the future.
Procedures and assumptions
Valuation methodologyAppropriate share valuation by an independent third-party institution and discussions with the counterparty
Management structure after acquisitionThe companies will share their respective business expertise to expand existing business areas and create new businesses. They will also generate synergies in human resources, including employee recruitment and training.
Financial figures of the target companyFinancial figures, including net assets, net sales, operating profit and net income, for the fiscal years from the fiscal year ended March 2023 through the fiscal year ended March 2025 are disclosed
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares (making the company a subsidiary) |
| Counterparty name | Ozaki Wataru (尾崎 亘) |
| Name of the Subject Company | 株式会社コアソフト |
| Business Description of the Subject Company | Contracted system development, website design and production, virtual content production, system implementation consulting, packaged software sales, cloud services and rental server services |
| Location of the Subject Company | Taito-ku, Tokyo |
| Capital Stock of the Subject Company | ¥22 million |
| Date of Establishment of the Subject Company | 15 December 2000 |
| Net Sales of the Subject Company | ¥1,437 million (fiscal year ended March 2025) |
| Operating Profit of the Subject Company | ¥108 million (fiscal year ended March 2025) |
| Net Income of the Subject Company | ¥67 million (fiscal year ended March 2025) |
| Net Assets of the Subject Company | ¥168 million (fiscal year ended March 2025) |
| Acquisition price | Not disclosed at the counterparty’s request |
| Number of shares acquired | 355 shares (number of voting rights: 355) |
| Voting rights ownership percentage | Before 0％ → after 100.0％ |
| Impact on Business Performance | The consolidation of 株式会社コアソフト as a subsidiary is expected to be reflected in HIMACS, LTD.'s consolidated results from the fiscal year ending March 2027. The impact on consolidated results for the fiscal year ending March 2026 is currently being assessed. HIMACS, LTD. will promptly disclose any matters that should be disclosed in the future. |
| Date of board resolution | 25 March 2026 |
| Contract Date | 25 March 2026 |
| Execution Date / Effective Date | 3 April 2026 (scheduled) |
| Valuation methodology | Appropriate share valuation by an independent third-party institution and discussions with the counterparty |
| Management structure after acquisition | The companies will share their respective business expertise to expand existing business areas and create new businesses. They will also generate synergies in human resources, including employee recruitment and training. |
| Financial figures of the target company | Financial figures, including net assets, net sales, operating profit and net income, for the fiscal years from the fiscal year ended March 2023 through the fiscal year ended March 2025 are disclosed |
Items this document does not state (12)
Expenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Independent 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.To expand existing business areas and create new businesses by leveraging 株式会社コアソフト's strong customer base, proposal capabilities and technical expertise, together with the business expertise of both companies. The transaction is also intended to generate synergies in employee recruitment and training and expand the business.
How to read this page
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