Worth reading
46Recurring
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
Less than 15% of our net assetsWording
Conditional
How definitive the wording is.This transaction
Acquisition of a businessCounterpartyアルバックテクノ株式会社
Disclosing companyMarumae Co.,Ltd.
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
Aluminum surface treatment business (Izumi Factory only)
Net Sales¥264 million (fiscal year ended June 2026)
Consideration and expenses
Acquisition priceUndisclosed pursuant to the confidentiality obligations between the parties.
Type of ConsiderationCash
Funding arrangementsThe transaction is scheduled to be settled by bank transfer using the Company's cash on hand.
Goodwill amountThe amount of goodwill and other items is currently under review.
Goodwill is the amount paid in excess of the acquired company's net assets.Impact on Business Performance
The transaction will have no impact on results for the fiscal year ending August 2026. Its impact on the Company's consolidated results going forward is expected to be immaterial. It will have no impact on net sales, while outsourced processing costs within cost of sales are expected to decrease and fixed costs to increase.
Procedures and assumptions
Valuation methodologyValuation by an external institution
| Item | Details |
|---|---|
| Transaction name | Acquisition of a business |
| Counterparty name | アルバックテクノ株式会社 |
| Business Description of the Subject Company | Aluminum surface treatment business (Izumi Factory only) |
| Net Sales of the Subject Company | ¥264 million (fiscal year ended June 2026) |
| Acquisition price | Undisclosed pursuant to the confidentiality obligations between the parties. |
| Type of Consideration | Cash |
| Funding arrangements | The transaction is scheduled to be settled by bank transfer using the Company's cash on hand. |
| Goodwill amount | The amount of goodwill and other items is currently under review. |
| Impact on Business Performance | The transaction will have no impact on results for the fiscal year ending August 2026. Its impact on the Company's consolidated results going forward is expected to be immaterial. It will have no impact on net sales, while outsourced processing costs within cost of sales are expected to decrease and fixed costs to increase. |
| Date of board resolution | 22 August 2026 |
| Contract Date | 28 August 2026 |
| Execution Date / Effective Date | 1 September 2026 (予定) |
| Valuation methodology | Valuation by an external institution |
Items this document does not state (19)
Name of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageAmount 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 Company determined that the business would strengthen its integrated production capabilities and create new strengths, including the development of surface treatment technologies required for semiconductor manufacturing equipment.
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.