Komori
M&A and Subsidiary Changes5122OKAMOTO INDUSTRIES,INC.Automobiles and transportation equipment

Notice Regarding the Acquisition of Shares in OKEHO SAS (Making It a Subsidiary)

オカモト has resolved to acquire 200 shares of OKEHO SAS, a French sales agency, from Richard Robin and make it a subsidiary with a 100.0% voting interest. The acquisition price is ¥54 million, and the total amount including advisory fees and other expenses is approximately ¥57 million.

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
57
¥ million (estimated amount)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares in OKEHO SAS (making it a subsidiary)
CounterpartyRichard Robin
Disclosing companyOKAMOTO INDUSTRIES,INC.
OKEHO SASVoting 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.
Target company

Sales agency and brokerage services

Location L’Isle-Adam, FranceShare capital €2,000Date of incorporation September 2009
Net Sales¥41 million (fiscal year ended December 2025)
Operating profit¥3 million (fiscal year ended December 2025)
Net income for the current fiscal year¥3 million (fiscal year ended December 2025)
Net assets¥36 million (fiscal year ended December 2025)
Consideration and expenses
Acquisition priceCommon shares of OKEHO SAS: €300,000 (¥54 million)
Expenses other than the acquisition priceAdvisory fees and other expenses (estimated): ¥3 million
Type of ConsiderationCash
Impact on Business Performance

The impact of this transaction on the company's consolidated results is currently under review. The company will promptly disclose any matters requiring disclosure that arise in the future.

Procedures and assumptions
Valuation methodologyDetermined through discussions with the seller, taking into account OKEHO's business activities, future business plans and profitability
This transaction
ItemDetails
Transaction nameAcquisition of shares in OKEHO SAS (making it a subsidiary)
Counterparty nameRichard Robin
Name of the Subject CompanyOKEHO SAS
Business Description of the Subject CompanySales agency and brokerage services
Location of the Subject CompanyL’Isle-Adam, France
Capital Stock of the Subject Company€2,000
Date of Establishment of the Subject CompanySeptember 2009
Net Sales of the Subject Company¥41 million (fiscal year ended December 2025)
Operating Profit of the Subject Company¥3 million (fiscal year ended December 2025)
Net Income of the Subject Company¥3 million (fiscal year ended December 2025)
Net Assets of the Subject Company¥36 million (fiscal year ended December 2025)
Acquisition priceCommon shares of OKEHO SAS: €300,000 (¥54 million)
Expenses other than the acquisition priceAdvisory fees and other expenses (estimated): ¥3 million
Type of ConsiderationCash
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 transaction on the company's consolidated results is currently under review. The company will promptly disclose any matters requiring disclosure that arise in the future.
Date of board resolution14 October 2026
Contract Date20 November 2026 (scheduled)
Execution Date / Effective Date15 December 2026 (scheduled)
Valuation methodologyDetermined through discussions with the seller, taking into account OKEHO's business activities, future business plans and profitability
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.

The purpose is to strengthen the business base in Europe and achieve medium- to long-term business growth. The company explains that it will take over OKEHO SAS's existing sales network and customer base, strengthen its sales structure in the European market, and expand the business by increasing sales of existing products and introducing new products.

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 OKEHO SAS (Making It a Subsidiary) | OKAMOTO INDUSTRIES,INC. (5122) timely disclosure | Komori