Worth reading
70In 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
15
% (as a percentage of the Company's net assets; 15% or more)Wording
Conditional
How definitive the wording is.This transaction
Acquisition of shares (making the company a subsidiary)CounterpartyIwasaki Ai (岩崎 藍)
Disclosing companyKURADASHI.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.
Target company
Retail electricity business (retail supply of electricity)
Location Nishi-ku, Nagoya, Aichi PrefectureShare capital ¥6 millionDate of incorporation 31 August 2020
Net Sales¥725 million (fiscal year ended February 2026)
Operating profit¥34 million (fiscal year ended February 2026)
Net income for the current fiscal year¥45 million (fiscal year ended February 2026)
Net assets¥113 million (fiscal year ended February 2026)
Consideration and expenses
Acquisition priceNot disclosed at the request of the counterparty
Expenses other than the acquisition price¥40 million (estimated)
Type of ConsiderationCash
Funding arrangementsExpected to be funded with cash on hand
Impact on Business Performance
Currently under review, including the impact of other factors. The Company will promptly disclose any matter that should be disclosed.
Procedures and assumptions
Valuation methodologyDue diligence and share valuation by external specialists
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares (making the company a subsidiary) |
| Counterparty name | Iwasaki Ai (岩崎 藍) |
| Name of the Subject Company | 中京電力株式会社 |
| Business Description of the Subject Company | Retail electricity business (retail supply of electricity) |
| Location of the Subject Company | Nishi-ku, Nagoya, Aichi Prefecture |
| Capital Stock of the Subject Company | ¥6 million |
| Date of Establishment of the Subject Company | 31 August 2020 |
| Net Sales of the Subject Company | ¥725 million (fiscal year ended February 2026) |
| Operating Profit of the Subject Company | ¥34 million (fiscal year ended February 2026) |
| Net Income of the Subject Company | ¥45 million (fiscal year ended February 2026) |
| Net Assets of the Subject Company | ¥113 million (fiscal year ended February 2026) |
| Acquisition price | Not disclosed at the request of the counterparty |
| Expenses other than the acquisition price | ¥40 million (estimated) |
| Type of Consideration | Cash |
| Number of shares acquired | 600 shares (600 voting rights) |
| Voting rights ownership percentage | Before 0.0% → after 100.0% |
| Funding arrangements | Expected to be funded with cash on hand |
| Impact on Business Performance | Currently under review, including the impact of other factors. The Company will promptly disclose any matter that should be disclosed. |
| Date of board resolution | 29 May 2026 |
| Contract Date | 29 May 2026 |
| Execution Date / Effective Date | 9 June 2026 (planned) |
| Valuation methodology | Due diligence and share valuation by external specialists |
Items this document does not state (10)
Merger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodGoodwill amountAmount of extraordinary income (loss)Independent 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.To establish a foundation in the retail electricity business and create synergies by combining クラダシ's expertise in renewable energy with its food-loss business assets. The Company explains that this will contribute to the expanded adoption of renewable energy and enhanced corporate value.
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.