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M&A and Subsidiary Changes5533Elitz Holdings Co.,Ltd.Real estate

(Update on Previously Disclosed Matter) Notice of Completion of Share Acquisition (Making the Company a Subsidiary)

On 31 July 2026, the acquisition of shares in 株式会社共栄薬研 and settlement of the share purchase consideration were completed as scheduled, making the company a wholly owned subsidiary. The acquisition consideration increased from the initially planned ¥400 million to ¥450 million, while advisory fees and other expenses increased from ¥5 million to approximately ¥7 million.

Worth reading
51Recurring
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
457
¥ million
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares (making the company a subsidiary)
Disclosing companyElitz Holdings Co.,Ltd.
株式会社共栄薬研 (including its wholly owned subsidiary 株式会社ライフライン)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.

Execution Date / Effective Date31 July 2026 (completed)
Target company

Building and condominium maintenance business

Location Shimogyo-ku, Kyoto CityShare capital ¥30 millionDate of incorporation 30 November 1978
Consideration and expenses
Acquisition price¥450 million
Expenses other than the acquisition priceApproximately ¥7 million (advisory fees and other expenses)
Type of ConsiderationCash
Impact on Business Performance

Immaterial impact on the consolidated earnings forecast for the current fiscal year

Procedures and assumptions
Management structure after acquisitionElitz Holdings Co.,Ltd. will own 100%. Other details of the management structure, any change in corporate name and treatment of employees: not disclosed
This transaction
ItemDetails
Transaction nameAcquisition of shares (making the company a subsidiary)
Name of the Subject Company株式会社共栄薬研 (including its wholly owned subsidiary 株式会社ライフライン)
Business Description of the Subject CompanyBuilding and condominium maintenance business
Location of the Subject CompanyShimogyo-ku, Kyoto City
Capital Stock of the Subject Company¥30 million
Date of Establishment of the Subject Company30 November 1978
Acquisition price¥450 million
Expenses other than the acquisition priceApproximately ¥7 million (advisory fees and other expenses)
Type of ConsiderationCash
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business PerformanceImmaterial impact on the consolidated earnings forecast for the current fiscal year
Execution Date / Effective Date31 July 2026 (completed)
Management structure after acquisitionElitz Holdings Co.,Ltd. will own 100%. Other details of the management structure, any change in corporate name and treatment of employees: not disclosed
Items this document does not state (19)
Counterparty nameNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract 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.

The company is reporting the completion of settlement of the share purchase consideration. For consolidated accounting purposes, the deemed acquisition date will be 30 September 2026, and only the balance sheet as of that date is scheduled to be consolidated. Accordingly, the impact on the consolidated earnings forecast for the current fiscal year is considered immaterial. The disclosure does not state the reason for the acquisition itself.

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.
(Update on Previously Disclosed Matter) Notice of Completion of Share Acquisition (Making the Company a Subsidiary) | Elitz Holdings Co.,Ltd. (5533) timely disclosure | Komori