Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
1460
¥ million (revenue of the business to be transferred for the fiscal year ended March 2026)Wording
Conditional
How definitive the wording is.This transaction
This company splitCounterparty (target company)クリタ西日本株式会社
Disclosing companyKurita Water Industries Ltd.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Sales of water treatment chemicals and maintenance and services for water treatment equipment, among other businesses
Location Kita-ku, Osaka, Osaka PrefectureShare capital ¥30 millionDate of incorporation 1 April 1986
Net Sales¥23,200 million (fiscal year ending March 2026)
Operating profit¥3,487 million (fiscal year ending March 2026)
Net income for the current fiscal year¥2,268 million (fiscal year ending March 2026)
Net assets¥8,387 million (fiscal year ending March 2026)
Consideration and expenses
Acquisition priceNo shares or cash will be allotted in connection with this company split.
Type of ConsiderationNo consideration (no shares or cash will be allotted)
Impact on Business Performance
The impact on the company's consolidated financial results will be minor.
Procedures and assumptions
Conditions Precedent to ExecutionAs this qualifies as a simplified, short-form absorption-type company split, it will be carried out without obtaining approval by resolution of a shareholders meeting.
Management structure after acquisitionFollowing this company split, there will be no changes to the names, locations, titles and names of the representatives, business activities excluding the business subject to this company split, capital or fiscal year-end of the company or クリタ西日本株式会社.
| Item | Details |
|---|---|
| Transaction name | This company split |
| Counterparty name | クリタ西日本株式会社 |
| Name of the Subject Company | クリタ西日本株式会社 |
| Business Description of the Subject Company | Sales of water treatment chemicals and maintenance and services for water treatment equipment, among other businesses |
| Location of the Subject Company | Kita-ku, Osaka, Osaka Prefecture |
| Capital Stock of the Subject Company | ¥30 million |
| Date of Establishment of the Subject Company | 1 April 1986 |
| Net Sales of the Subject Company | ¥23,200 million (fiscal year ending March 2026) |
| Operating Profit of the Subject Company | ¥3,487 million (fiscal year ending March 2026) |
| Net Income of the Subject Company | ¥2,268 million (fiscal year ending March 2026) |
| Net Assets of the Subject Company | ¥8,387 million (fiscal year ending March 2026) |
| Acquisition price | No shares or cash will be allotted in connection with this company split. |
| Type of Consideration | No consideration (no shares or cash will be allotted) |
| Voting rights ownership percentage | Before 100.0% → after 100.0% |
| Impact on Business Performance | The impact on the company's consolidated financial results will be minor. |
| Date of board resolution | 17 July 2026 |
| Contract Date | 17 July 2026 |
| Execution Date / Effective Date | 1 October 2026 (scheduled) |
| Conditions Precedent to Execution | As this qualifies as a simplified, short-form absorption-type company split, it will be carried out without obtaining approval by resolution of a shareholders meeting. |
| Management structure after acquisition | Following this company split, there will be no changes to the names, locations, titles and names of the representatives, business activities excluding the business subject to this company split, capital or fiscal year-end of the company or クリタ西日本株式会社. |
Items this document does not state (12)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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.To build a strong business platform in the Chugoku region and strengthen the organization so that it can respond quickly to customers' diverse needs. The company states that this will accelerate the creation and delivery of solutions and improve customer intimacy.
How to read this page
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