Komori
M&A and Subsidiary Changes4416True Data Inc.Information and Communications, Services and Others

Notice Regarding the Acquisition of Shares Involving a Change in Subsidiaries

The Company has decided to acquire all 200 shares of 株式会社コスモネット for ¥220 million, making it a wholly owned subsidiary. It is expected to become a consolidated subsidiary effective 13 October 2026.

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
248
¥ million (approximate total amount)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares
CounterpartyNot disclosed at the request of the counterparty
Disclosing companyTrue Data Inc.
株式会社コスモネットVoting rights ownership percentageNumber of shares acquired 200 shares (number of voting rights: 200)

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.White points represent dates designated as scheduled dates in the document.
Target company

Development and sale of POS-linked sales management systems for hardware retailers

Location Nishi-ku, Osaka, Osaka PrefectureShare capital ¥10 million (fiscal year ended August 2025)Date of incorporation 29 November 1982
Net Sales¥106.173 million (fiscal year ended August 2025)
Operating profit¥8.876 million (fiscal year ended August 2025)
Net income for the current fiscal year¥8.396 million (fiscal year ended August 2025)
Net assets¥63.865 million (fiscal year ended August 2025)
Consideration and expenses
Acquisition price¥220 million
Expenses other than the acquisition priceAdvisory fees and other expenses (approximate amount): ¥28 million
Impact on Business Performance

The impact of this share acquisition on the Company's results for the fiscal year ending March 2027 is currently under review.

Procedures and assumptions
Management structure after acquisition株式会社コスモネット is expected to become a consolidated subsidiary of the Company effective 13 October 2026. The company name, representative and treatment of employees: not disclosed
This transaction
ItemDetails
Transaction nameAcquisition of shares
Counterparty nameNot disclosed at the request of the counterparty
Name of the Subject Company株式会社コスモネット
Business Description of the Subject CompanyDevelopment and sale of POS-linked sales management systems for hardware retailers
Location of the Subject CompanyNishi-ku, Osaka, Osaka Prefecture
Capital Stock of the Subject Company¥10 million (fiscal year ended August 2025)
Date of Establishment of the Subject Company29 November 1982
Net Sales of the Subject Company¥106.173 million (fiscal year ended August 2025)
Operating Profit of the Subject Company¥8.876 million (fiscal year ended August 2025)
Net Income of the Subject Company¥8.396 million (fiscal year ended August 2025)
Net Assets of the Subject Company¥63.865 million (fiscal year ended August 2025)
Acquisition price¥220 million
Expenses other than the acquisition priceAdvisory fees and other expenses (approximate amount): ¥28 million
Number of shares acquired200 shares (number of voting rights: 200)
Voting rights ownership percentageBefore 0.0% → after 100.0%
Impact on Business PerformanceThe impact of this share acquisition on the Company's results for the fiscal year ending March 2027 is currently under review.
Date of board resolution7 October 2026
Contract Date7 October 2026
Execution Date / Effective Date13 October 2026 (予定)
Management structure after acquisition株式会社コスモネット is expected to become a consolidated subsidiary of the Company effective 13 October 2026. The company name, representative and treatment of employees: not disclosed
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.

The acquisition will bring in コスモネット's POS and sales management system for hardware and building materials retailers, as well as its industry expertise, enabling the Company to enhance the value it provides to existing customers by leveraging purchasing data from the professional market and expand the potential for new data applications in the construction and housing-related sectors.

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 Involving a Change in Subsidiaries | True Data Inc. (4416) timely disclosure | Komori