Worth reading
50Recurring
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
684
million yenWording
Conditional
How definitive the wording is.This transaction
This transferCounterpartyH.I.S.Co.,Ltd.
Disclosing companyAdventure,Inc.
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.White points represent dates designated as scheduled dates in the document.
Target company
Travel Business
Location Kita-ku, Osaka, Osaka PrefectureShare capital ¥30 millionDate of incorporation 25 November 1968
Net Sales¥2,726 million (fiscal year ended June 2025)
Operating profit¥129 million (fiscal year ended June 2025)
Net income for the current fiscal year¥80 million (fiscal year ended June 2025)
Net assets¥642 million (fiscal year ended June 2025)
Consideration and expenses
Acquisition price¥684 million (transfer price)
Type of ConsiderationCash (transfer price of ¥684 million)
Impact on Business Performance
Currently under review
Procedures and assumptions
Management structure after acquisitionAs of the completion date of this transfer, the company will no longer qualify as a consolidated subsidiary of the Company. The corporate name, representative and treatment of employees have not been disclosed.
| Item | Details |
|---|---|
| Transaction name | This transfer |
| Counterparty name | H.I.S.Co.,Ltd. |
| Name of the Subject Company | ラド観光株式会社 |
| Business Description of the Subject Company | Travel Business |
| Location of the Subject Company | Kita-ku, Osaka, Osaka Prefecture |
| Capital Stock of the Subject Company | ¥30 million |
| Date of Establishment of the Subject Company | 25 November 1968 |
| Net Sales of the Subject Company | ¥2,726 million (fiscal year ended June 2025) |
| Operating Profit of the Subject Company | ¥129 million (fiscal year ended June 2025) |
| Net Income of the Subject Company | ¥80 million (fiscal year ended June 2025) |
| Net Assets of the Subject Company | ¥642 million (fiscal year ended June 2025) |
| Acquisition price | ¥684 million (transfer price) |
| Type of Consideration | Cash (transfer price of ¥684 million) |
| Number of shares acquired | 50,000 shares (number of shares transferred) |
| Voting rights ownership percentage | Before 100.00％ → after 0％ |
| Impact on Business Performance | Currently under review |
| Date of board resolution | 11 September 2026 |
| Contract Date | 11 September 2026 |
| Execution Date / Effective Date | 30 November 2026 (予定) |
| Management structure after acquisition | As of the completion date of this transfer, the company will no longer qualify as a consolidated subsidiary of the Company. The corporate name, representative and treatment of employees have not been disclosed. |
Items this document does not state (12)
Expenses 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)Valuation 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.As the business environment surrounding the travel business has been changing rapidly, the importance of concentrating management resources has increased. In addition, H.I.S. expressed its intention to acquire ラド観光, and the transaction is expected to enable both companies to expand their businesses and generate significant synergies.
How to read this page
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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.