Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
7993
¥ million (target company's net sales for the fiscal year ended March 2026)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Basic Agreement on Acquisition of Shares in Unimicron Japan Co., Ltd.CounterpartyUnimicron Technology Corporation
Disclosing companyMeiko Electronics Co.,Ltd.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Manufacture and sale of printed circuit boards
Location Eniwa, HokkaidoShare capital ¥452 millionDate of incorporation 1 June 1984 (Showa 59)
Net Sales¥7,993 million (fiscal year ended March 2026)
Operating profitOperating loss of ¥594 million (fiscal year ended March 2026)
Net assetsNet assets of negative ¥1,045 million (fiscal year ended March 2026)
Impact on Business Performance
The impact on the company's consolidated earnings forecast for the fiscal year ending March 2027 will be disclosed promptly once the details have been finalized.
Procedures and assumptions
Management structure after acquisitionAs UMJ will be operated by a Japanese company, positive effects are expected on the company's sustainable development and employees' career development. Changes to the corporate name and representative, and employee treatment: Not disclosed
| Item | Details |
|---|---|
| Transaction name | Basic Agreement on Acquisition of Shares in Unimicron Japan Co., Ltd. |
| Counterparty name | Unimicron Technology Corporation |
| Name of the Subject Company | Unimicron Japan Co., Ltd. |
| Business Description of the Subject Company | Manufacture and sale of printed circuit boards |
| Location of the Subject Company | Eniwa, Hokkaido |
| Capital Stock of the Subject Company | ¥452 million |
| Date of Establishment of the Subject Company | 1 June 1984 (Showa 59) |
| Net Sales of the Subject Company | ¥7,993 million (fiscal year ended March 2026) |
| Operating Profit of the Subject Company | Operating loss of ¥594 million (fiscal year ended March 2026) |
| Net Assets of the Subject Company | Net assets of negative ¥1,045 million (fiscal year ended March 2026) |
| Number of shares acquired | All issued shares (number of shares and voting rights: Not disclosed) |
| Voting rights ownership percentage | After 100% (all issued shares) (before not disclosed) |
| Impact on Business Performance | The impact on the company's consolidated earnings forecast for the fiscal year ending March 2027 will be disclosed promptly once the details have been finalized. |
| Date of board resolution | 27 October 2026 |
| Contract Date | 27 October 2026 (basic agreement); December 2026 (scheduled) (share transfer agreement) |
| Execution Date / Effective Date | April 2027 (scheduled) (scheduled business succession date) |
| Management structure after acquisition | As UMJ will be operated by a Japanese company, positive effects are expected on the company's sustainable development and employees' career development. Changes to the corporate name and representative, and employee treatment: Not disclosed |
Items this document does not state (15)
Net Income 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)Valuation 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.To respond to growing demand for printed circuit boards and promptly expand production capacity in Japan. The company aims to enhance the corporate value of its group by avoiding excessive concentration of production in Vietnam and expanding domestic capacity. The counterparty also expects UMJ's operation by a Japanese company to have a positive effect on the company's sustainable development and employees' career development.
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.