Worth reading
42Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
409
¥ millionWording
Definitive
How definitive the wording is.This transaction
This capital increaseCounterparty (target company)Hochiki Asia Pacific Pte. Ltd.
Disclosing companyHOCHIKI CORPORATION
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
Sales of fire alarm systems, fire suppression systems and other related products
Location SingaporeShare capital USD 397,900 (¥40 million)Date of incorporation 1 April 2014
Net Sales¥5,029 million (fiscal year ending March 2026)
Operating profit¥587 million (fiscal year ending March 2026)
Net income for the current fiscal year¥409 million (fiscal year ending March 2026)
Net assets¥1,911 million (fiscal year ending March 2026)
Consideration and expenses
Type of ConsiderationCash (capital contribution payment)
Funding arrangementsHOCHIKI CORPORATION will make a capital increase in HAP. Source of funds: Not disclosed.
Impact on Business Performance
The impact of this capital increase on the Company's consolidated results for the fiscal year ending March 2027 will be immaterial.
Procedures and assumptions
Management structure after acquisitionOperations will commence as HAP Taiwan Branch. Following the capital increase, the ownership ratio will be 100% for HOCHIKI CORPORATION (unchanged). Changes to the trade name, representative and employee treatment: Not disclosed.
| Item | Details |
|---|---|
| Transaction name | This capital increase |
| Counterparty name | Hochiki Asia Pacific Pte. Ltd. |
| Name of the Subject Company | Hochiki Asia Pacific Pte. Ltd. |
| Business Description of the Subject Company | Sales of fire alarm systems, fire suppression systems and other related products |
| Location of the Subject Company | Singapore |
| Capital Stock of the Subject Company | USD 397,900 (¥40 million) |
| Date of Establishment of the Subject Company | 1 April 2014 |
| Net Sales of the Subject Company | ¥5,029 million (fiscal year ending March 2026) |
| Operating Profit of the Subject Company | ¥587 million (fiscal year ending March 2026) |
| Net Income of the Subject Company | ¥409 million (fiscal year ending March 2026) |
| Net Assets of the Subject Company | ¥1,911 million (fiscal year ending March 2026) |
| Type of Consideration | Cash (capital contribution payment) |
| Voting rights ownership percentage | Before 100％ → after 100％ |
| Funding arrangements | HOCHIKI CORPORATION will make a capital increase in HAP. Source of funds: Not disclosed. |
| Impact on Business Performance | The impact of this capital increase on the Company's consolidated results for the fiscal year ending March 2027 will be immaterial. |
| Date of board resolution | 9 October 2026 |
| Execution Date / Effective Date | 13 October 2026 (予定) |
| Management structure after acquisition | Operations will commence as HAP Taiwan Branch. Following the capital increase, the ownership ratio will be 100% for HOCHIKI CORPORATION (unchanged). Changes to the trade name, representative and employee treatment: Not disclosed. |
Items this document does not state (14)
Acquisition priceExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredGoodwill 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 purpose is to mutually complement sales resources, including sales personnel and customer information, optimize operations and maximize regional synergies following the organizational restructuring under which the business of the Taiwan Sales Office was transferred to HAP, as well as to expand the business in the market and strengthen the management foundation. The capital increase is also intended to strengthen HAP's business operating structure and enhance its working capital.
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