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M&A and Subsidiary Changes431AuSonar Co.,Ltd.Information and Communications, Services and Others

Notice Regarding the Acquisition of Shares in RICE CLOUD Co., Ltd. (Making It a Subsidiary)

uSonar Co.,Ltd. acquired 25,500 common shares of 株式会社RICE CLOUD, making it a subsidiary with a 51.0% voting interest. The acquisition price was ¥128 million, and the estimated total including advisory fees and other expenses was ¥132 million.

Worth reading
49Recurring
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
132
¥ million (approximate total amount)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares to make the company a subsidiary
CounterpartyTachihara Kei (立原 圭)
Disclosing companyuSonar Co.,Ltd.
株式会社RICE CLOUDVoting rights ownership percentageNumber of shares acquired 25,500 shares (25,500 voting rights)

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

ERP and SaaS implementation support, business design and system implementation, and post-implementation adoption support

Location Minami-ku, Saitama, Saitama PrefectureShare capital ¥20 millionDate of incorporation 2 June 2022
Net Sales¥353 million (fiscal year ending May 2026)
Operating profit¥34 million (fiscal year ending May 2026)
Net income for the current fiscal year¥23 million (fiscal year ending May 2026)
Net assets¥63 million (fiscal year ending May 2026)
Consideration and expenses
Acquisition price¥128 million
Expenses other than the acquisition priceAdvisory fees and other expenses (estimated): ¥4 million
Impact on Business Performance

The impact on our consolidated results for the fiscal year ending December 2026 is currently expected to be immaterial.

This transaction
ItemDetails
Transaction nameAcquisition of shares to make the company a subsidiary
Counterparty nameTachihara Kei (立原 圭)
Name of the Subject Company株式会社RICE CLOUD
Business Description of the Subject CompanyERP and SaaS implementation support, business design and system implementation, and post-implementation adoption support
Location of the Subject CompanyMinami-ku, Saitama, Saitama Prefecture
Capital Stock of the Subject Company¥20 million
Date of Establishment of the Subject Company2 June 2022
Net Sales of the Subject Company¥353 million (fiscal year ending May 2026)
Operating Profit of the Subject Company¥34 million (fiscal year ending May 2026)
Net Income of the Subject Company¥23 million (fiscal year ending May 2026)
Net Assets of the Subject Company¥63 million (fiscal year ending May 2026)
Acquisition price¥128 million
Expenses other than the acquisition priceAdvisory fees and other expenses (estimated): ¥4 million
Number of shares acquired25,500 shares (25,500 voting rights)
Voting rights ownership percentageBefore 0% → after 51.0%
Impact on Business PerformanceThe impact on our consolidated results for the fiscal year ending December 2026 is currently expected to be immaterial.
Date of board resolution13 November 2026
Contract Date13 November 2026
Execution Date / Effective Date30 November 2026 (scheduled)
Items this document does not state (13)
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 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 the implementation structure for uSonar's Sonar Service for customers by leveraging RICE CLOUD's expertise in ERP and SaaS implementation support, thereby enabling smooth and rapid service implementation.

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 the Acquisition of Shares in RICE CLOUD Co., Ltd. (Making It a Subsidiary) | uSonar Co.,Ltd. (431A) timely disclosure | Komori