Worth reading
31Immaterial
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
1411
Millions of yen (approximate amount, including ¥11 million in due diligence expenses, etc.)Wording
Conditional
How definitive the wording is.This transaction
Acquisition of Shares in 富士電工株式会社 (Making It a Subsidiary)Disclosing companyMINATO HOLDINGS INC.
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.
Execution Date / Effective Date3 April 2026 (completed)
Target company
Distributor of electrical wires, electronic components and electrical materials: sales of various electrical wires, cables, harnesses, network equipment, FPCs and other products
Location Minato-ku, TokyoShare capital ¥100 millionDate of incorporation 1 October 2007
Consideration and expenses
Acquisition priceCommon shares of 富士電工株式会社: ¥1,400 million
Expenses other than the acquisition priceDue diligence expenses, etc. (approximate amount): ¥11 million
Impact on Business Performance
The earnings forecast for the fiscal year ending March 2027 will be disclosed in the earnings summary for the fiscal year ended March 2026, scheduled for release in May 2026.
| Item | Details |
|---|---|
| Transaction name | Acquisition of Shares in 富士電工株式会社 (Making It a Subsidiary) |
| Name of the Subject Company | 富士電工株式会社 |
| Business Description of the Subject Company | Distributor of electrical wires, electronic components and electrical materials: sales of various electrical wires, cables, harnesses, network equipment, FPCs and other products |
| Location of the Subject Company | Minato-ku, Tokyo |
| Capital Stock of the Subject Company | ¥100 million |
| Date of Establishment of the Subject Company | 1 October 2007 |
| Acquisition price | Common shares of 富士電工株式会社: ¥1,400 million |
| Expenses other than the acquisition price | Due diligence expenses, etc. (approximate amount): ¥11 million |
| Number of shares acquired | 2,000 shares (number of voting rights: 2,000) |
| Voting rights ownership percentage | After 100％ (before not disclosed) |
| Impact on Business Performance | The earnings forecast for the fiscal year ending March 2027 will be disclosed in the earnings summary for the fiscal year ended March 2026, scheduled for release in May 2026. |
| Execution Date / Effective Date | 3 April 2026 (completed) |
Items this document does not state (20)
Counterparty nameNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyType 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.This disclosure does not specify the reason for the share acquisition.
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.