Worth reading
43Recurring
Scored from 2 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Integration of Domestic Sales Group Companies and Change of Corporate NameDisclosing companyTOTO LTD.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Sale of housing equipment
Location Shinjuku-ku, TokyoShare capital ¥100 million
Impact on Business Performance
The transaction is intended to improve the profitability and productivity of the domestic housing equipment business.
Procedures and assumptions
Conditions Precedent to ExecutionApproval of the partial amendments to the Articles of Incorporation relating to this change of corporate name at an extraordinary general meeting of shareholders of the consolidated subsidiary
Management structure after acquisitionThe corporate name will be changed to TOTOアクアマーケティング株式会社. Treatment of the representative and employees: not disclosed
| Item | Details |
|---|---|
| Transaction name | Integration of Domestic Sales Group Companies and Change of Corporate Name |
| Name of the Subject Company | TOTOエムテック株式会社 |
| Business Description of the Subject Company | Sale of housing equipment |
| Location of the Subject Company | Shinjuku-ku, Tokyo |
| Capital Stock of the Subject Company | ¥100 million |
| Impact on Business Performance | The transaction is intended to improve the profitability and productivity of the domestic housing equipment business. |
| Date of board resolution | 30 September 2026 |
| Execution Date / Effective Date | 1 April 2027 (scheduled change date) |
| Conditions Precedent to Execution | Approval of the partial amendments to the Articles of Incorporation relating to this change of corporate name at an extraordinary general meeting of shareholders of the consolidated subsidiary |
| Management structure after acquisition | The corporate name will be changed to TOTOアクアマーケティング株式会社. Treatment of the representative and employees: not disclosed |
Items this document does not state (22)
Counterparty nameDate of Establishment of the Subject CompanyNet 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 priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial Committee
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 integration of the domestic sales group companies is intended to maximize customer value by increasing agility in responding to diversifying and uneven demand and by concentrating management resources at the appropriate time and in the appropriate manner. It is also intended to improve the profitability and productivity of the domestic housing equipment business and rebuild a stronger business foundation.
How to read this page
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.