Worth reading
38Recurring
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
170
Million Indian rupees (stated capital)Wording
Conditional
How definitive the wording is.This transaction
Investment in an Indian subsidiaryCounterpartyFTO株式会社
Disclosing companyOPTORUN CO.,LTD.
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.
Date of board resolution28 September 2026
Target company
Manufacture and sale of optical thin-film deposition equipment and vacuum deposition equipment, customer service, processing and sale of parts, and related activities
Location Chennai – 600034, Tamil Nadu, IndiaShare capital 170 million Indian rupees (approximately ¥300 million)Date of incorporation 1 September 2026
Impact on Business Performance
The impact of this transaction on the Company's consolidated results for the fiscal year ending December 2026 will be immaterial.
Procedures and assumptions
Management structure after acquisitionThe company will become a specified subsidiary of the Company. A small number of employees are expected to be dispatched by the Company. The Company plans to sell optical thin-film deposition equipment, vacuum deposition equipment and other products to the new company, and outsource maintenance services to it. In the future, the Company may outsource the manufacturing of equipment and parts produced by the Company.
| Item | Details |
|---|---|
| Transaction name | Investment in an Indian subsidiary |
| Counterparty name | FTO株式会社 |
| Name of the Subject Company | Optorun India Private Limited (オプトラン インディア プライベート リミテッド) |
| Business Description of the Subject Company | Manufacture and sale of optical thin-film deposition equipment and vacuum deposition equipment, customer service, processing and sale of parts, and related activities |
| Location of the Subject Company | Chennai – 600034, Tamil Nadu, India |
| Capital Stock of the Subject Company | 170 million Indian rupees (approximately ¥300 million) |
| Date of Establishment of the Subject Company | 1 September 2026 |
| Voting rights ownership percentage | After 90% (before not disclosed) |
| Impact on Business Performance | The impact of this transaction on the Company's consolidated results for the fiscal year ending December 2026 will be immaterial. |
| Date of board resolution | 28 September 2026 |
| Management structure after acquisition | The company will become a specified subsidiary of the Company. A small number of employees are expected to be dispatched by the Company. The Company plans to sell optical thin-film deposition equipment, vacuum deposition equipment and other products to the new company, and outsource maintenance services to it. In the future, the Company may outsource the manufacturing of equipment and parts produced by the Company. |
Items this document does not state (21)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateExecution Date / Effective 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.In light of the expansion of local production of optical-related products in India, the Company intends to strengthen its customer service structure for Indian customers and expand sales. In the future, the Company also plans to consider local manufacturing of equipment and parts.
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.