Worth reading
65In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
2000
SharesWording
Conditional
How definitive the wording is.This transaction
Share transferCounterpartyアヅマホールディングス株式会社
Disclosing companyTECHNO HORIZON CO.,LTD.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Date of board resolution25 March 2026
Contract Date25 March 2026
Execution Date / Effective Date25 March 2026
Target company
Sales and technical support for cameras for scientific research and industrial use, electron microscopes and other products
Location Funabashi, Chiba PrefectureShare capital ¥30 millionDate of incorporation 3 June 1992
Net Sales¥1,190 million (fiscal year ended March 2025)
Operating profit¥115 million (fiscal year ended March 2025)
Net income for the current fiscal year¥77 million (fiscal year ended March 2025)
Net assets¥417 million (fiscal year ended March 2025)
Consideration and expenses
Acquisition priceNot disclosed due to confidentiality obligations with the transferee
Impact on Business Performance
The impact of this share transfer on the Company's consolidated results is currently under review. The Company states that it will disclose the amount of the impact promptly once it has been determined.
Procedures and assumptions
Valuation methodologyYears' purchase method
Management structure after acquisitionThe Company's 6 employees who concurrently serve as representative chairman, directors, statutory auditors and in other positions are scheduled to resign and have their secondments terminated concurrently with the share transfer. Changes to the corporate name and representative: Not disclosed
| Item | Details |
|---|---|
| Transaction name | Share transfer |
| Counterparty name | アヅマホールディングス株式会社 |
| Name of the Subject Company | 株式会社アド・サイエンス |
| Business Description of the Subject Company | Sales and technical support for cameras for scientific research and industrial use, electron microscopes and other products |
| Location of the Subject Company | Funabashi, Chiba Prefecture |
| Capital Stock of the Subject Company | ¥30 million |
| Date of Establishment of the Subject Company | 3 June 1992 |
| Net Sales of the Subject Company | ¥1,190 million (fiscal year ended March 2025) |
| Operating Profit of the Subject Company | ¥115 million (fiscal year ended March 2025) |
| Net Income of the Subject Company | ¥77 million (fiscal year ended March 2025) |
| Net Assets of the Subject Company | ¥417 million (fiscal year ended March 2025) |
| Acquisition price | Not disclosed due to confidentiality obligations with the transferee |
| Number of shares acquired | 2,000 shares; number of voting rights: Not disclosed |
| Voting rights ownership percentage | Before 100.0％ → after 0.0％ |
| Impact on Business Performance | The impact of this share transfer on the Company's consolidated results is currently under review. The Company states that it will disclose the amount of the impact promptly once it has been determined. |
| Date of board resolution | 25 March 2026 |
| Contract Date | 25 March 2026 |
| Execution Date / Effective Date | 25 March 2026 |
| Valuation methodology | Years' purchase method |
| Management structure after acquisition | The Company's 6 employees who concurrently serve as representative chairman, directors, statutory auditors and in other positions are scheduled to resign and have their secondments terminated concurrently with the share transfer. Changes to the corporate name and representative: Not disclosed |
Items this document does not state (12)
Expenses 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)Independent 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 Company decided to make the transfer based on a management strategy centered on optimizing its business portfolio and transforming its business model, with the aim of sustainably increasing corporate value. It also states that synergies with the transferee will enhance competitiveness and contribute to the sustainable growth of both companies.
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.