Worth reading
42Recurring
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
813000000
¥Wording
Conditional
How definitive the wording is.This transaction
Acquisition of land for the construction of a new plantCounterpartyENEOS Co., Ltd.
Disclosing companyTOYO KANETSU K.K.
Date of board resolution25 September 2026
Contract Date25 September 2026
Execution Date / Effective Date25 September 2026 (acquisition and handover date)
Consideration and expenses
Acquisition price¥813,000,000
Expenses other than the acquisition priceInvestment in buildings, equipment and other items: Not determined
Type of ConsiderationCash (internal funds)
Funding arrangementsInternal funds
Impact on Business Performance
The impact of this matter on the Company's consolidated results for the current fiscal year is expected to be minor. The impact of this matter on the Company's consolidated results from fiscal 2027 onward will be examined as the construction plan, equipment plan, investment amount and start of operations are worked out in greater detail.
Procedures and assumptions
Management structure after acquisitionThe Company will construct the tentatively named Wakayama Hatsushima Plant and proceed with the allocation of functions between the existing and new plants and the reorganization of production and storage functions. The treatment of the representative and employees is Not disclosed.
| Item | Details |
|---|---|
| Transaction name | Acquisition of land for the construction of a new plant |
| Counterparty name | ENEOS Co., Ltd. |
| Acquisition price | ¥813,000,000 |
| Expenses other than the acquisition price | Investment in buildings, equipment and other items: Not determined |
| Type of Consideration | Cash (internal funds) |
| Funding arrangements | Internal funds |
| Impact on Business Performance | The impact of this matter on the Company's consolidated results for the current fiscal year is expected to be minor. The impact of this matter on the Company's consolidated results from fiscal 2027 onward will be examined as the construction plan, equipment plan, investment amount and start of operations are worked out in greater detail. |
| Date of board resolution | 25 September 2026 |
| Contract Date | 25 September 2026 |
| Execution Date / Effective Date | 25 September 2026 (acquisition and handover date) |
| Management structure after acquisition | The Company will construct the tentatively named Wakayama Hatsushima Plant and proceed with the allocation of functions between the existing and new plants and the reorganization of production and storage functions. The treatment of the representative and employees is Not disclosed. |
Items this document does not state (21)
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 CompanyMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageGoodwill amountAmount of extraordinary income (loss)Valuation 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 respond to increasingly diverse and sophisticated demand for logistics systems and achieve business growth toward 2030, the Company is reorganizing its production structure and expanding production capacity. The new plant is intended to improve productivity, accommodate increased production, reduce disaster risk, and optimize production and storage functions.
How to read this page
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