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M&A and Subsidiary Changes6923Stanley Electric Co.,Ltd.Electrical Equipment and Precision Instruments

(Progress on Disclosed Matter) Notice Concerning the Acquisition of Shares in Iwasaki Electric Co., Ltd. (Making It a Subsidiary)

It was disclosed that the necessary procedures under Vietnam's competition law for the acquisition of all shares in 岩崎電気株式会社 have not yet been completed. The acquisition is scheduled to be completed once the procedures are in place, with completion expected during April 2026.

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This transaction

This share acquisition
Disclosing companyStanley Electric Co.,Ltd.
岩崎電気株式会社Subject of this transactionNumber of shares acquired All shares; number of voting rights: Not disclosed
TimelineThe spacing between the points is proportional to the actual number of days.
Procedures and assumptions
Conditions Precedent to ExecutionCompletion of the approvals and other procedures required under Japan's and Vietnam's antitrust and other applicable laws and regulations
This transaction
ItemDetails
Transaction nameThis share acquisition
Name of the Subject Company岩崎電気株式会社
Number of shares acquiredAll shares; number of voting rights: Not disclosed
Date of board resolution29 January 2026
Execution Date / Effective DateExpected during April 2026 (scheduled)
Conditions Precedent to ExecutionCompletion of the approvals and other procedures required under Japan's and Vietnam's antitrust and other applicable laws and regulations
Items this document does not state (26)
Counterparty nameBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet 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 periodVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeManagement 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.

The necessary procedures and responses under Vietnam's competition law have not been completed among the approvals and other procedures required under Japan's and Vietnam's antitrust and other applicable laws and regulations as conditions for the acquisition to take effect.

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.
(Progress on Disclosed Matter) Notice Concerning the Acquisition of Shares in Iwasaki Electric Co., Ltd. (Making It a Subsidiary) | Stanley Electric Co.,Ltd. (6923) timely disclosure | Komori