Komori
M&A and Subsidiary Changes6430DAIKOKU DENKI CO.,LTD.Machinery

Notice Regarding the Establishment of a Subsidiary and the Launch of a New Business

ダイコク電機 established its wholly owned subsidiary, Chagri株式会社, to conduct an agricultural support and agritech business, and commenced operations in that business. ダイコク電機 invested ¥100 million in establishing the subsidiary.

Worth reading
57In focus
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
1
Hundreds of millions of yen
Wording
Conditional
How definitive the wording is.

This transaction

Establishment of a Subsidiary and Launch of a New Business
Disclosing companyDAIKOKU DENKI CO.,LTD.
Chagri株式会社Voting rights ownership percentage

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.

TimelineThe spacing between the points is proportional to the actual number of days.
Target company

・Research and development, consulting, education and training relating to agricultural technology ・Production, processing, storage, transportation and sale of agricultural products ・Manufacture and sale of beverages and food products using agricultural products as raw materials ・Contracting and outsourcing of agricultural work ・Operation of agricultural experience farms, tourist farms and restaurants ・Worker dispatching and fee-based employment placement services ・All businesses incidental or related to the preceding items

Location 3rd Floor, 1-875 Sakashita-cho, Kasugai, AichiShare capital ¥50 millionDate of incorporation 1 April 2026
Consideration and expenses
Type of ConsiderationCash (¥100 million investment in the newly established subsidiary)
Impact on Business Performance

Although the Company believes that this business will contribute to improving the performance of the Group over the medium to long term, its impact on performance for the current consolidated fiscal year is expected to be immaterial.

Procedures and assumptions
Management structure after acquisitionThe representative director and president is Hiramitsu Kazuyuki (平光 和幸). The Company is dispatching directors, officers and employees to the subsidiary.
This transaction
ItemDetails
Transaction nameEstablishment of a Subsidiary and Launch of a New Business
Name of the Subject CompanyChagri株式会社
Business Description of the Subject Company・Research and development, consulting, education and training relating to agricultural technology ・Production, processing, storage, transportation and sale of agricultural products ・Manufacture and sale of beverages and food products using agricultural products as raw materials ・Contracting and outsourcing of agricultural work ・Operation of agricultural experience farms, tourist farms and restaurants ・Worker dispatching and fee-based employment placement services ・All businesses incidental or related to the preceding items
Location of the Subject Company3rd Floor, 1-875 Sakashita-cho, Kasugai, Aichi
Capital Stock of the Subject Company¥50 million
Date of Establishment of the Subject Company1 April 2026
Type of ConsiderationCash (¥100 million investment in the newly established subsidiary)
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business PerformanceAlthough the Company believes that this business will contribute to improving the performance of the Group over the medium to long term, its impact on performance for the current consolidated fiscal year is expected to be immaterial.
Date of board resolution23 March 2026
Execution Date / Effective Date1 April 2026 (date of establishment of the company and commencement of the business)
Management structure after acquisitionThe representative director and president is Hiramitsu Kazuyuki (平光 和幸). The Company is dispatching directors, officers and employees to the subsidiary.
Items this document does not state (20)
Counterparty nameNet 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 priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation 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.

Against the backdrop of an expanding matcha-related market, the purpose is to address challenges at production sites for tencha, the raw material for matcha, and establish a supply structure capable of responding to market growth.

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.
Notice Regarding the Establishment of a Subsidiary and the Launch of a New Business | DAIKOKU DENKI CO.,LTD. (6430) timely disclosure | Komori