Worth reading
77Important
Scored from 1 of 5 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
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Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.This transaction
Name of transactionCounterpartySpecial purpose company indirectly funded by a fund to which Advantage Partners, Inc. provides services
Disclosing companyTHK CO.,LTD.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Location Canada, the Czech Republic, Germany, the United States and Japan; location in Japan: Not disclosed
Impact on Business Performance
The impact of this transfer was already disclosed in the financial results for the fiscal year ended December 2025. THK will promptly disclose any matters requiring new disclosure should they arise.
Procedures and assumptions
Management structure after acquisitionThe target companies will be excluded from THK's scope of consolidation. Other details regarding the management structure, trade names and treatment of employees: Not disclosed
| Item | Details |
|---|---|
| Transaction name | Name of transaction |
| Counterparty name | Special purpose company indirectly funded by a fund to which Advantage Partners, Inc. provides services |
| Name of the Subject Company | TRAホールディングス株式会社, THK RHYTHM AUTOMOTIVE CANADA LIMITED, THK RHYTHM AUTOMOTIVE CZECH a.s., THK RHYTHM AUTOMOTIVE GmbH, THK RHYTHM AUTOMOTIVE MICHIGAN CORPORATION |
| Location of the Subject Company | Canada, the Czech Republic, Germany, the United States and Japan; location in Japan: Not disclosed |
| Number of shares acquired | All issued shares of the companies subject to the transfer (number of shares: Not disclosed) |
| Impact on Business Performance | The impact of this transfer was already disclosed in the financial results for the fiscal year ended December 2025. THK will promptly disclose any matters requiring new disclosure should they arise. |
| Date of board resolution | 2 February 2026 |
| Execution Date / Effective Date | The transfer was completed on 1 June 2026 (Japan time) |
| Management structure after acquisition | The target companies will be excluded from THK's scope of consolidation. Other details regarding the management structure, trade names and treatment of employees: Not disclosed |
Items this document does not state (23)
Business Description 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 CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodVoting rights ownership percentageFunding 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.The impact of this transfer was already disclosed in the financial results for the fiscal year ended December 2025. THK stated that it will promptly disclose any matters requiring new disclosure should they arise.
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.