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M&A and Subsidiary Changes4661ORIENTAL LAND CO.,LTD.Information and Communications, Services and Others

Notice Regarding the Establishment of a Subsidiary: Establishment of 株式会社オリエンタルランド・クルーズ

オリエンタルランド will establish the wholly owned subsidiary 株式会社オリエンタルランド・クルーズ, which will be responsible for the management and operation of cruise ships based in Japan, among other activities. The subsidiary is scheduled to be established and commence business on 3 April 2026.

Worth reading
48Recurring
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
450000000
Japanese yen (capital stock)
Wording
Conditional
How definitive the wording is.

This transaction

Establishment of subsidiary
Disclosing companyORIENTAL LAND CO.,LTD.
株式会社オリエンタルランド・クルーズ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.The percentage before the change is not stated in this document.

TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Management and operation of cruise ships based in Japan, and planning, development and sales

Location Urayasu, Chiba PrefectureShare capital ¥450 millionDate of incorporation 3 April 2026 (scheduled)
Consideration and expenses
Type of ConsiderationCash (wholly funded by the Company)
Impact on Business Performance

The impact on the Company's results for the fiscal year ending March 2026 is expected to be immaterial.

Procedures and assumptions
Management structure after acquisitionThe representative director and president will be Shiiba Ryotaro (椎葉 亮太郎). The Company's representative directors, directors, executive officers and employees are scheduled to concurrently serve as directors of the subsidiary. Transactions between group companies are planned following the establishment.
This transaction
ItemDetails
Transaction nameEstablishment of subsidiary
Name of the Subject Company株式会社オリエンタルランド・クルーズ
Business Description of the Subject CompanyManagement and operation of cruise ships based in Japan, and planning, development and sales
Location of the Subject CompanyUrayasu, Chiba Prefecture
Capital Stock of the Subject Company¥450 million
Date of Establishment of the Subject Company3 April 2026 (scheduled)
Type of ConsiderationCash (wholly funded by the Company)
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business PerformanceThe impact on the Company's results for the fiscal year ending March 2026 is expected to be immaterial.
Date of board resolution24 March 2026
Execution Date / Effective Date3 April 2026 (scheduled)
Management structure after acquisitionThe representative director and president will be Shiiba Ryotaro (椎葉 亮太郎). The Company's representative directors, directors, executive officers and employees are scheduled to concurrently serve as directors of the subsidiary. Transactions between group companies are planned following the establishment.
Items this document does not state (20)
Counterparty nameNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses 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)Contract DateValuation 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.

To evolve the business structure in line with the 2035 Long-Term Management Strategy and accelerate the development of the business toward the launch of a Disney cruise service based in Japan in fiscal 2028. The subsidiary will also enable the specialized and agile management and operation of cruise ships over the long term.

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 Establishment of a Subsidiary: Establishment of 株式会社オリエンタルランド・クルーズ | ORIENTAL LAND CO.,LTD. (4661) timely disclosure | Komori