Worth reading
18Immaterial
Scored from 4 of 5 sectionsDirection
Neutral
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
Change of Corporate Name and Partial Amendments to the Articles of Incorporation in Connection with the Change of Corporate Name, etc.TimelineThe spacing between the points is proportional to the actual number of days.
Procedures and assumptions
Conditions Precedent to ExecutionApproval of the partial amendments to the Articles of Incorporation at the 62nd Annual General Meeting of Shareholders scheduled for 29 June 2026
Management structure after acquisitionThe corporate name will be changed to LANDCROS Corporation, and the head office location will be changed to Chiyoda-ku, Tokyo. Treatment of representatives and employees: Not disclosed
| Item | Details |
|---|---|
| Transaction name | Change of Corporate Name and Partial Amendments to the Articles of Incorporation in Connection with the Change of Corporate Name, etc. |
| Date of board resolution | 25 May 2026 |
| Execution Date / Effective Date | Scheduled effective date of the amendments to the Articles of Incorporation: 29 June 2026. Effective date of the change of corporate name and head office location: 1 April 2027 (scheduled) |
| Conditions Precedent to Execution | Approval of the partial amendments to the Articles of Incorporation at the 62nd Annual General Meeting of Shareholders scheduled for 29 June 2026 |
| Management structure after acquisition | The corporate name will be changed to LANDCROS Corporation, and the head office location will be changed to Chiyoda-ku, Tokyo. Treatment of representatives and employees: Not disclosed |
Items this document does not state (27)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet 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 acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial Committee
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.As the construction and mining industries face challenges including labor shortages, environmental regulations, rising operating costs and aging infrastructure, the Company aims to accelerate its evolution from its traditional hardware-centered business structure into a “solution provider” that combines AI, robotics, sensing and communications technologies with services and digital solutions. The head office relocation is intended to create a new headquarters symbolizing the Company’s future growth strategy, enhancement of corporate value, global collaboration and the embodiment of “LANDCROS.”
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.