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M&A and Subsidiary Changes4641Altech CorporationInformation and Communications, Services and Others

Notice Regarding the Reorganization of a Consolidated Subsidiary

The agricultural production business will be transferred to a newly established company, while the staffing business will be absorbed through a merger by another consolidated subsidiary. Both transactions are scheduled to take place on 1 October 2026.

Worth reading
61In focus
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
8074
Thousands of yen (net sales for the most recent fiscal year of the business transferred in the company split)
Wording
Conditional
How definitive the wording is.

This transaction

Incorporation-type company split and absorption-type merger
Counterparty株式会社アルプスアグリキャリア, 株式会社アルプスリージョナルパートナーズ十勝, 株式会社アルプスビジネスサービス
Disclosing companyAltech Corporation
株式会社アルプスアグリキャリア (agricultural production and staffing businesses)Voting rights ownership percentage

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

Outsourcing business (agriculture, livestock, environmental services and food), Agricultural production business, Temporary Staffing Business

Location Sagamihara City, Kanagawa PrefectureShare capital ¥400 millionDate of incorporation 2 April 2018
Net Sales¥917.544 million (fiscal year ended December 2025)
Operating profitOperating loss of ¥61.381 million (fiscal year ended December 2025)
Net income for the current fiscal yearNet loss of ¥38.975 million (fiscal year ended December 2025)
Net assetsNet assets of ¥80.020 million (fiscal year ended December 2025)
Consideration and expenses
Acquisition priceNo shares or other monetary consideration will be allotted in connection with the merger.
Type of ConsiderationNone (no shares or other monetary consideration will be allotted in connection with the merger.)
Impact on Business Performance

The impact on our consolidated earnings forecast for the fiscal year ending December 2026 will be limited. However, we will review the impact on our non-consolidated earnings forecast and promptly announce any revisions that become necessary.

Procedures and assumptions
Management structure after acquisitionThe representative director and president of 株式会社アルプスリージョナルパートナーズ十勝 is Ishibashi Takeshi (石橋 武). Following the merger, there will be no changes to the surviving company's trade name, head office location, representative, business activities, stated capital or fiscal year-end. Employee treatment: not disclosed
This transaction
ItemDetails
Transaction nameIncorporation-type company split and absorption-type merger
Counterparty name株式会社アルプスアグリキャリア, 株式会社アルプスリージョナルパートナーズ十勝, 株式会社アルプスビジネスサービス
Name of the Subject Company株式会社アルプスアグリキャリア (agricultural production and staffing businesses)
Business Description of the Subject CompanyOutsourcing business (agriculture, livestock, environmental services and food), Agricultural production business, Temporary Staffing Business
Location of the Subject CompanySagamihara City, Kanagawa Prefecture
Capital Stock of the Subject Company¥400 million
Date of Establishment of the Subject Company2 April 2018
Net Sales of the Subject Company¥917.544 million (fiscal year ended December 2025)
Operating Profit of the Subject CompanyOperating loss of ¥61.381 million (fiscal year ended December 2025)
Net Income of the Subject CompanyNet loss of ¥38.975 million (fiscal year ended December 2025)
Net Assets of the Subject CompanyNet assets of ¥80.020 million (fiscal year ended December 2025)
Acquisition priceNo shares or other monetary consideration will be allotted in connection with the merger.
Type of ConsiderationNone (no shares or other monetary consideration will be allotted in connection with the merger.)
Voting rights ownership percentageBefore 100% (株式会社アルプスアグリキャリア and 株式会社アルプスビジネスサービス) → after 100% (株式会社アルプスリージョナルパートナーズ十勝 and 株式会社アルプスビジネスサービス)
Impact on Business PerformanceThe impact on our consolidated earnings forecast for the fiscal year ending December 2026 will be limited. However, we will review the impact on our non-consolidated earnings forecast and promptly announce any revisions that become necessary.
Date of board resolution6 August 2026
Contract Date6 August 2026
Execution Date / Effective Date1 October 2026 (scheduled)
Management structure after acquisitionThe representative director and president of 株式会社アルプスリージョナルパートナーズ十勝 is Ishibashi Takeshi (石橋 武). Following the merger, there will be no changes to the surviving company's trade name, head office location, representative, business activities, stated capital or fiscal year-end. Employee treatment: not disclosed
Items this document does not state (13)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding 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 purpose is to establish a new company engaged in agricultural production and agricultural product processing in the Tokachi region of Hokkaido and promote supply chain management, while integrating the staffing business to use the Group's management resources more efficiently.

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 Reorganization of a Consolidated Subsidiary | Altech Corporation (4641) timely disclosure | Komori