Worth reading
50Recurring
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.This transaction
Conversion into a wholly owned subsidiary through the additional acquisition of sharesCounterparty1 shareholder not disclosed due to confidentiality obligations
Disclosing companyRentracks CO.,LTD.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Date of board resolution19 March 2026
Contract Date19 March 2026
Execution Date / Effective Date19 March 2026
Target company
Precious metals business (recycling, refining, processing and sales of precious metals, etc.)
Location Arakawa-ku, TokyoShare capital ¥50 millionDate of incorporation 1 June 1971
Consideration and expenses
Acquisition priceNot disclosed at the request of the counterparty.
Impact on Business Performance
The impact on the Company's consolidated results for the fiscal year ending March 2026 is currently being calculated.
Procedures and assumptions
Valuation methodologyShare valuation by external experts, legal and financial due diligence by external attorneys and certified public accountants, and discussions between the parties
| Item | Details |
|---|---|
| Transaction name | Conversion into a wholly owned subsidiary through the additional acquisition of shares |
| Counterparty name | 1 shareholder not disclosed due to confidentiality obligations |
| Name of the Subject Company | 井嶋金銀工業株式会社 |
| Business Description of the Subject Company | Precious metals business (recycling, refining, processing and sales of precious metals, etc.) |
| Location of the Subject Company | Arakawa-ku, Tokyo |
| Capital Stock of the Subject Company | ¥50 million |
| Date of Establishment of the Subject Company | 1 June 1971 |
| Acquisition price | Not disclosed at the request of the counterparty. |
| Number of shares acquired | 110 shares (number of voting rights: 110) |
| Voting rights ownership percentage | Before 95.0％ → after 100.0％ |
| Impact on Business Performance | The impact on the Company's consolidated results for the fiscal year ending March 2026 is currently being calculated. |
| Date of board resolution | 19 March 2026 |
| Contract Date | 19 March 2026 |
| Execution Date / Effective Date | 19 March 2026 |
| Valuation methodology | Share valuation by external experts, legal and financial due diligence by external attorneys and certified public accountants, and discussions between the parties |
Items this document does not state (17)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill 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.The transaction is intended to improve the efficiency of group management, accelerate decision-making, establish a stronger earnings base, and further enhance 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.