Worth reading
38Recurring
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
2
Less than consolidated net assetsWording
Conditional
How definitive the wording is.This transaction
Share AcquisitionCounterpartyダイヤリックス株式会社
Disclosing companyHEIWA HOLDINGS INC.
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.White points represent dates designated as scheduled dates in the document.
Target company
Golf course operations and other businesses
Location Chiyoda-ku, TokyoShare capital ¥50 millionDate of incorporation April 2026 (scheduled)
Net Sales¥367 million (fiscal year ended March 2025)
Consideration and expenses
Acquisition priceNot disclosed due to the confidentiality obligations between the parties. The amount is less than 2% of consolidated net assets.
Impact on Business Performance
The impact is expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | Share Acquisition |
| Counterparty name | ダイヤリックス株式会社 |
| Name of the Subject Company | 北九州ゴルフ株式会社 |
| Business Description of the Subject Company | Golf course operations and other businesses |
| Location of the Subject Company | Chiyoda-ku, Tokyo |
| Capital Stock of the Subject Company | ¥50 million |
| Date of Establishment of the Subject Company | April 2026 (scheduled) |
| Net Sales of the Subject Company | ¥367 million (fiscal year ended March 2025) |
| Acquisition price | Not disclosed due to the confidentiality obligations between the parties. The amount is less than 2% of consolidated net assets. |
| Number of shares acquired | 200 shares (number of voting rights: Not disclosed) |
| Voting rights ownership percentage | Before 0％ → after 100％ |
| Impact on Business Performance | The impact is expected to be immaterial. |
| Date of board resolution | 27 March 2026 |
| Contract Date | 27 March 2026 |
| Execution Date / Effective Date | 1 June 2026 (予定) |
Items this document does not state (17)
Operating 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)Valuation 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.To increase the number of golf courses, raise revenue, and build a stable earnings base over the long term.
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.