Worth reading
61In focus
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
7020
¥ millionWording
Definitive
How definitive the wording is.This transaction
Share transferCounterpartyKawasaki Heavy Industries,Ltd.
Disclosing companyFURUKAWA CO.,LTD.
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.
Consideration and expenses
Acquisition price¥7,020 million
Type of ConsiderationCash
Impact on Business Performance
古河機械金属 will promptly announce any matters requiring disclosure if and when they become apparent.
Procedures and assumptions
Management structure after acquisitionThe new management structure of 株式会社アーステクニカ is described. Nishi Masahiko (西昌彦) was appointed representative director and president, and directors and audit & supervisory board members from 古河機械金属 and Kawasaki Heavy Industries,Ltd. took office. Consideration of integrating the crushing equipment business into 株式会社アーステクニカ has commenced.
| Item | Details |
|---|---|
| Transaction name | Share transfer |
| Counterparty name | Kawasaki Heavy Industries,Ltd. |
| Name of the Subject Company | 株式会社アーステクニカ |
| Acquisition price | ¥7,020 million |
| Type of Consideration | Cash |
| Number of shares acquired | 15,480 shares (number of voting rights: 15,480) |
| Voting rights ownership percentage | Before 0.0% → after 60.0% |
| Impact on Business Performance | 古河機械金属 will promptly announce any matters requiring disclosure if and when they become apparent. |
| Contract Date | 9 February 2026 |
| Execution Date / Effective Date | 1 April 2026 (completed); the remaining 40% is scheduled to be acquired on 1 April 2027 |
| Management structure after acquisition | The new management structure of 株式会社アーステクニカ is described. Nishi Masahiko (西昌彦) was appointed representative director and president, and directors and audit & supervisory board members from 古河機械金属 and Kawasaki Heavy Industries,Ltd. took office. Consideration of integrating the crushing equipment business into 株式会社アーステクニカ has commenced. |
Items this document does not state (21)
Business Description 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 CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionValuation 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.古河機械金属 aims to strengthen cost competitiveness by optimizing its sales, technology, production and human resource structures through consideration of integrating its crushing equipment business into 株式会社アーステクニカ, expand its overseas business, generate synergies, and allocate management resources to the environmental recycling sector.
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.
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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.