Worth reading
54Recurring
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
100
¥ million (capital)Wording
Conditional
How definitive the wording is.This transaction
Establishment of a new company (sub-subsidiary)Counterparty株式会社ホームネット
Disclosing companyproperty technologies Inc.
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
Real estate sales, leasing and brokerage
Location Shibuya, TokyoShare capital ¥100 millionDate of incorporation 27 June 2026
Consideration and expenses
Type of Consideration100% capital contribution by 株式会社ホームネット (details of the consideration in cash, shares and other forms: Not disclosed)
Funding arrangements100% capital contribution by 株式会社ホームネット. Source of funds: Not disclosed
Impact on Business Performance
The impact on consolidated results for the fiscal year ending November 2026 will be immaterial.
Procedures and assumptions
Management structure after acquisitionThe representative director will be Hamanaka Yudai (濱中 雄大). The corporate name change and employee treatment are Not disclosed.
| Item | Details |
|---|---|
| Transaction name | Establishment of a new company (sub-subsidiary) |
| Counterparty name | 株式会社ホームネット |
| Name of the Subject Company | 株式会社ファーヴァル |
| Business Description of the Subject Company | Real estate sales, leasing and brokerage |
| Location of the Subject Company | Shibuya, Tokyo |
| Capital Stock of the Subject Company | ¥100 million |
| Date of Establishment of the Subject Company | 27 June 2026 |
| Type of Consideration | 100% capital contribution by 株式会社ホームネット (details of the consideration in cash, shares and other forms: Not disclosed) |
| Voting rights ownership percentage | After 100% (indirectly 100%-owned by the Company) (before not disclosed) |
| Funding arrangements | 100% capital contribution by 株式会社ホームネット. Source of funds: Not disclosed |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending November 2026 will be immaterial. |
| Date of board resolution | 19 June 2026 |
| Execution Date / Effective Date | 27 June 2026 (date of establishment and start of operations of the new company) |
| Management structure after acquisition | The representative director will be Hamanaka Yudai (濱中 雄大). The corporate name change and employee treatment are Not disclosed. |
Items this document does not state (18)
Net 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 acquiredGoodwill 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 strengthen the solution business, including single-building projects and redevelopment-related projects handled by 株式会社ホームネット, and establish it as a new source of revenue. In addition, to expand the real estate business by responding to changes in the real estate market and provide products and services that meet customer needs.
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.