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
67
Acquisition ratio (%)Wording
Conditional
How definitive the wording is.This transaction
Acquisition of shares and conversion into a subsidiaryDisclosing companyYAMABIKO CORPORATION
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.
Execution Date / Effective Date31 July 2026
Target company
Sale of small outdoor power equipment
Location ARGENTEUIL 95100, FranceShare capital €440,000Date of incorporation December 1943
Impact on Business Performance
The impact on the target company’s consolidated earnings is expected to arise primarily from the fourth quarter of the fiscal year ending December 2026. The impact on consolidated results for the full fiscal year ending December 2026 is expected to be minor.
Procedures and assumptions
Management structure after acquisitionThe target company will become a consolidated subsidiary of the Company as of 31 July 2026 and will operate in an integrated manner with the Company’s group. The target company’s representative is CEO Philippe Klomp. Changes to the company name and employee treatment: not disclosed
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares and conversion into a subsidiary |
| Name of the Subject Company | ETABLISSEMENTS P.P.K. |
| Business Description of the Subject Company | Sale of small outdoor power equipment |
| Location of the Subject Company | ARGENTEUIL 95100, France |
| Capital Stock of the Subject Company | €440,000 |
| Date of Establishment of the Subject Company | December 1943 |
| Voting rights ownership percentage | After 67％ (before not disclosed) |
| Impact on Business Performance | The impact on the target company’s consolidated earnings is expected to arise primarily from the fourth quarter of the fiscal year ending December 2026. The impact on consolidated results for the full fiscal year ending December 2026 is expected to be minor. |
| Execution Date / Effective Date | 31 July 2026 |
| Management structure after acquisition | The target company will become a consolidated subsidiary of the Company as of 31 July 2026 and will operate in an integrated manner with the Company’s group. The target company’s representative is CEO Philippe Klomp. Changes to the company name and employee treatment: not disclosed |
Items this document does not state (22)
Counterparty nameNet 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)Date of board resolutionContract 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.To strengthen the sales structure in France, accelerate decision-making and further expand the European business through integrated operations with the Company’s group.
How to read this page
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