Komori
M&A and Subsidiary Changes6498KITZ CORPORATIONMachinery

Notice Regarding the Acquisition of Shares in 株式会社ブイテックス (Making It a Subsidiary)

The Company resolved to acquire all 886,400 shares of 株式会社ブイテックス held by Kanadevia Corporation, making it a subsidiary in which the Company will hold 100.0% of the voting rights. The share acquisition price is ¥9,198 million, and the estimated total amount including related expenses is ¥9,368 million.

Worth reading
80Important
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
9368
¥ million (total estimate)
Wording
Conditional
How definitive the wording is.

This transaction

This share acquisition
CounterpartyKanadevia Corporation
Disclosing companyKITZ CORPORATION
株式会社ブイテックスVoting rights ownership percentageNumber of shares acquired 886,400 shares (number of voting rights: Not disclosed)

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

Development and manufacture of industrial special-purpose valves, and manufacture of rupture discs

Location Shinagawa Ward, TokyoShare capital ¥443 millionDate of incorporation 7 May 1949
Net Sales¥8,502 million (fiscal year ended March 2025)
Operating profit¥395 million (fiscal year ended March 2025)
Net income for the current fiscal year¥363 million (fiscal year ended March 2025)
Net assets¥3,270 million (fiscal year ended March 2025)
Consideration and expenses
Acquisition price¥9,198 million (share acquisition price)
Expenses other than the acquisition price¥170 million (estimated, including advisory fees)
Impact on Business Performance

The impact is currently under review. Any matters requiring disclosure will be disclosed promptly if they arise.

This transaction
ItemDetails
Transaction nameThis share acquisition
Counterparty nameKanadevia Corporation
Name of the Subject Company株式会社ブイテックス
Business Description of the Subject CompanyDevelopment and manufacture of industrial special-purpose valves, and manufacture of rupture discs
Location of the Subject CompanyShinagawa Ward, Tokyo
Capital Stock of the Subject Company¥443 million
Date of Establishment of the Subject Company7 May 1949
Net Sales of the Subject Company¥8,502 million (fiscal year ended March 2025)
Operating Profit of the Subject Company¥395 million (fiscal year ended March 2025)
Net Income of the Subject Company¥363 million (fiscal year ended March 2025)
Net Assets of the Subject Company¥3,270 million (fiscal year ended March 2025)
Acquisition price¥9,198 million (share acquisition price)
Expenses other than the acquisition price¥170 million (estimated, including advisory fees)
Number of shares acquired886,400 shares (number of voting rights: Not disclosed)
Voting rights ownership percentageBefore 0.0% → after 100.0%
Impact on Business PerformanceThe impact is currently under review. Any matters requiring disclosure will be disclosed promptly if they arise.
Date of board resolution26 March 2026
Contract Date26 March 2026
Execution Date / Effective Date1 June 2026 (予定)
Items this document does not state (13)
Type 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.

The purpose is to strengthen the vacuum valve business for semiconductors against the backdrop of increasing semiconductor process miniaturization and integration. The Company aims to enhance its products by leveraging the compatibility between 株式会社ブイテックス's vacuum valve technologies and the Group's technologies for semiconductor manufacturing equipment, and to improve competitiveness and corporate value by creating synergies between its rupture disk business and the Group's valve and fluid control businesses.

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 Acquisition of Shares in 株式会社ブイテックス (Making It a Subsidiary) | KITZ CORPORATION (6498) timely disclosure | Komori