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M&A and Subsidiary Changes6310ISEKI & CO.,LTD.Machinery

Notice Regarding the Transfer of Fixed Assets and Recognition of Extraordinary Gain

The Company has decided to transfer fixed assets, including a factory, offices and warehouses, in Mashiki, Kumamoto Prefecture. The transfer is expected to result in an extraordinary gain of approximately ¥6.1 billion, which is expected to be recognized in the first quarter of the fiscal year ending December 2027.

Worth reading
29Immaterial
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
61
Hundreds of millions of yen
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Disposal of Fixed Assets
CounterpartyThe Company will refrain from disclosing this information due to a confidentiality agreement.
Disclosing companyISEKI & CO.,LTD.
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceThe transfer price and book value will not be disclosed due to a confidentiality agreement with the transferee.
Amount of extraordinary income (loss)Approximately ¥6.1 billion, expected to be recognized as an extraordinary gain from the sale of fixed assets in the first quarter of the consolidated fiscal year ending December 2027
Impact on Business Performance

The gain on the transfer of approximately ¥6.1 billion is expected to be recognized as an extraordinary gain from the sale of fixed assets in the first quarter of the consolidated fiscal year ending December 2027.

Procedures and assumptions
Conditions Precedent to ExecutionRegarding the buildings owned by the Company's consolidated subsidiary that are included in part of the assets to be transferred, the Company plans to acquire the buildings before completing the transfer and then transfer them.
This transaction
ItemDetails
Transaction nameDisposal of Fixed Assets
Counterparty nameThe Company will refrain from disclosing this information due to a confidentiality agreement.
Acquisition priceThe transfer price and book value will not be disclosed due to a confidentiality agreement with the transferee.
Amount of extraordinary income (loss)Approximately ¥6.1 billion, expected to be recognized as an extraordinary gain from the sale of fixed assets in the first quarter of the consolidated fiscal year ending December 2027
Impact on Business PerformanceThe gain on the transfer of approximately ¥6.1 billion is expected to be recognized as an extraordinary gain from the sale of fixed assets in the first quarter of the consolidated fiscal year ending December 2027.
Date of board resolution31 August 2026
Contract DateLate September 2026 (scheduled)
Execution Date / Effective DateBetween February and March 2027 (scheduled)
Conditions Precedent to ExecutionRegarding the buildings owned by the Company's consolidated subsidiary that are included in part of the assets to be transferred, the Company plans to acquire the buildings before completing the transfer and then transfer them.
Items this document does not state (23)
Name 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 CompanyExpenses 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 amountValuation methodologyIndependent valuation institutionSpecial CommitteeManagement 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 plans to transfer the fixed assets, whose business use ended following the transfer of production functions from Kumamoto to Matsuyama, in order to improve asset efficiency.

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.
Notice Regarding the Transfer of Fixed Assets and Recognition of Extraordinary Gain | ISEKI & CO.,LTD. (6310) timely disclosure | Komori