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M&A and Subsidiary Changes6287SATO CORPORATIONMachinery

Notice Regarding Our Acquisition of Shares in 株式会社平野屋物産 (Making It a Wholly Owned Subsidiary)

SATO CORPORATION acquired all shares carrying voting rights in 株式会社平野屋物産, making it a wholly owned subsidiary effective 15 June 2026.

Worth reading
34Immaterial
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Direction
Improvement
Direction inferred from the company’s description.
Scale
100
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

This transaction

This share acquisition
Disclosing companySATO CORPORATION
Name of target companyVoting rights ownership percentageNumber of shares acquired All shares carrying voting rights in 株式会社平野屋物産 (number of shares and voting rights: Not disclosed)

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.

TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Manufacture and sale of packaging materials, including packaging for food products and household goods

Location Onojo, Fukuoka PrefectureShare capital ¥50 millionDate of incorporation February 1959
Consideration and expenses
Acquisition priceDetails of the acquisition price and other matters have not been disclosed pursuant to a confidentiality agreement with the counterparty.
Impact on Business Performance

The impact of this acquisition on SATO's consolidated results for the fiscal year ending March 2027 is minor. If any matters requiring disclosure arise, SATO will disclose them promptly upon determining that disclosure is necessary.

This transaction
ItemDetails
Transaction nameThis share acquisition
Name of the Subject CompanyName of target company
Business Description of the Subject CompanyManufacture and sale of packaging materials, including packaging for food products and household goods
Location of the Subject CompanyOnojo, Fukuoka Prefecture
Capital Stock of the Subject Company¥50 million
Date of Establishment of the Subject CompanyFebruary 1959
Acquisition priceDetails of the acquisition price and other matters have not been disclosed pursuant to a confidentiality agreement with the counterparty.
Number of shares acquiredAll shares carrying voting rights in 株式会社平野屋物産 (number of shares and voting rights: Not disclosed)
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business PerformanceThe impact of this acquisition on SATO's consolidated results for the fiscal year ending March 2027 is minor. If any matters requiring disclosure arise, SATO will disclose them promptly upon determining that disclosure is necessary.
Contract Date1 June 2026
Execution Date / Effective Date15 June 2026
Items this document does not state (20)
Counterparty nameNet 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)Date of board resolutionValuation methodologyIndependent 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 acquisition is intended to expand the foundation of the smart packaging business. SATO has determined that combining 株式会社平野屋物産's flexible packaging manufacturing technology and customer base with SATO's automatic identification technologies, including 2D codes and RFID, will contribute to expanding this business area.

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Notice Regarding Our Acquisition of Shares in 株式会社平野屋物産 (Making It a Wholly Owned Subsidiary) | SATO CORPORATION (6287) timely disclosure | Komori