Worth reading
69In 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
195
Millions of yenWording
Conditional
How definitive the wording is.This transaction
Acquisition of shares and conversion into a subsidiaryCounterparty熊澤 隆之
Disclosing companyPower Solutions,Ltd.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Date of board resolution14 November 2025
Contract Date14 November 2025
Execution Date / Effective Date株式譲渡実行日：2025 年 11 月 14 日（予定）。会計上のみなし取得日：2025 年 12 月 31 日（予定）
Target company
• サーバー、ネットワークの構築、設計・構築・運用保守・監視 • Web 系・オープン系、制御・組込み系、汎用機系のシステム開発の設計・構築・保守 など
Location Chiyoda-ku, TokyoShare capital ¥10 millionDate of incorporation 2013 年６月 19 日
Net Sales542 百万円（2025 年５月期）
Operating profit△10 百万円（2025 年５月期）
Net income for the current fiscal year△3 百万円（2025 年５月期）
Net assets81 百万円（2025 年５月期）
Consideration and expenses
Acquisition price¥170 million
Expenses other than the acquisition priceAdvisory fees and other expenses (estimated amount): ¥25 million
Type of ConsiderationCash
Impact on Business Performance
2026 年 12 月期の連結業績に与える影響につきましては現在精査中
Procedures and assumptions
Valuation methodology第三者機関によるデューデリジェンスを実施し、公正な方法で算出した金額について、売主と協議のうえ決定
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares and conversion into a subsidiary |
| Counterparty name | 熊澤 隆之 |
| Name of the Subject Company | 株式会社八興システムズ |
| Business Description of the Subject Company | • サーバー、ネットワークの構築、設計・構築・運用保守・監視 • Web 系・オープン系、制御・組込み系、汎用機系のシステム開発の設計・構築・保守 など |
| Location of the Subject Company | Chiyoda-ku, Tokyo |
| Capital Stock of the Subject Company | ¥10 million |
| Date of Establishment of the Subject Company | 2013 年６月 19 日 |
| Net Sales of the Subject Company | 542 百万円（2025 年５月期） |
| Operating Profit of the Subject Company | △10 百万円（2025 年５月期） |
| Net Income of the Subject Company | △3 百万円（2025 年５月期） |
| Net Assets of the Subject Company | 81 百万円（2025 年５月期） |
| Acquisition price | ¥170 million |
| Expenses other than the acquisition price | Advisory fees and other expenses (estimated amount): ¥25 million |
| Type of Consideration | Cash |
| Number of shares acquired | 20 shares (number of voting rights: 20) |
| Voting rights ownership percentage | Before 0.0％ → after 100.0％ |
| Impact on Business Performance | 2026 年 12 月期の連結業績に与える影響につきましては現在精査中 |
| Date of board resolution | 14 November 2025 |
| Contract Date | 14 November 2025 |
| Execution Date / Effective Date | 株式譲渡実行日：2025 年 11 月 14 日（予定）。会計上のみなし取得日：2025 年 12 月 31 日（予定） |
| Valuation methodology | 第三者機関によるデューデリジェンスを実施し、公正な方法で算出した金額について、売主と協議のうえ決定 |
Items this document does not state (11)
Merger 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 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.ITインフラストラクチャー分野を充実させ、幅広いシステム開発領域に対応できる人材・リソースを拡充するため。八興システムズの参画により、事業・人材の両面で連携を強化し、サービス力と付加価値提案力の向上および持続的な成長を目指すとしている。
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.