Worth reading
51Recurring
Scored from 2 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.This transaction
Acquisition of the businessCounterpartyName of alliance partner
Disclosing companyNiterra Co.,Ltd.
Target company
Spark plug and exhaust sensor businesses
Impact on Business Performance
The impact of the discontinuation is expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | Acquisition of the business |
| Counterparty name | Name of alliance partner |
| Business Description of the Subject Company | Spark plug and exhaust sensor businesses |
| Impact on Business Performance | The impact of the discontinuation is expected to be immaterial. |
Items this document does not state (28)
Name of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate 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)Date of board resolutionContract DateExecution Date / Effective DateValuation methodologyIndependent 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.DENSO CORPORATION requested termination of the agreement against the backdrop of changes in market conditions and a review of its future policy regarding the businesses concerned. The company accepted the request in light of the increased uncertainty resulting from prolonged negotiations, the impact on integration planning, the reduced benefits of the acquisition due to delays in execution, and the impact on the allocation of management resources and capital efficiency.
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.