Komori
M&A and Subsidiary Changes6629TECHNO HORIZON CO.,LTD.Electrical Equipment and Precision Instruments

Notice Regarding the Acquisition of Shares by Our Consolidated Subsidiary (Making the Company a Grandchild Subsidiary)

ESCO, a consolidated subsidiary of the Company, will acquire all shares of Indonesia-based PT Effori Prospero Solusi, making it a sub-subsidiary of the Company’s group. The ownership ratio following the acquisition will be 100.00%.

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This transaction

Share acquisition (making the target a grand-subsidiary)
CounterpartyRicky Osmond, 3 others
Disclosing companyTECHNO HORIZON CO.,LTD.
PT Effori Prospero SolusiVoting rights ownership percentageNumber of shares acquired 2,000 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.

Execution Date / Effective DateEarly July 2026 (予定)
Target company

Provision of integrated technology solutions using AV systems and other technologies

Location Jakarta, Indonesia (DKI Jakarta)Share capital Approximately ¥18 millionDate of incorporation 4 March 2020
Impact on Business Performance

The impact of this share acquisition on the Company’s consolidated results is expected to be immaterial.

This transaction
ItemDetails
Transaction nameShare acquisition (making the target a grand-subsidiary)
Counterparty nameRicky Osmond, 3 others
Name of the Subject CompanyPT Effori Prospero Solusi
Business Description of the Subject CompanyProvision of integrated technology solutions using AV systems and other technologies
Location of the Subject CompanyJakarta, Indonesia (DKI Jakarta)
Capital Stock of the Subject CompanyApproximately ¥18 million
Date of Establishment of the Subject Company4 March 2020
Number of shares acquired2,000 shares (number of voting rights: Not disclosed)
Voting rights ownership percentageBefore 0.00% → after 100.00%
Impact on Business PerformanceThe impact of this share acquisition on the Company’s consolidated results is expected to be immaterial.
Execution Date / Effective DateEarly July 2026 (予定)
Items this document does not state (21)
Net 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 periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateValuation 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 capture demand for DX in Indonesia’s rapidly growing market, strengthen the group’s ability to execute cross-border projects across Asia, and pursue sustainable growth as a group.

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.
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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 by Our Consolidated Subsidiary (Making the Company a Grandchild Subsidiary) | TECHNO HORIZON CO.,LTD. (6629) timely disclosure | Komori