Komori
M&A and Subsidiary Changes7012Kawasaki Heavy Industries,Ltd.Automobiles and transportation equipment

(Update on Previously Disclosed Matter) Notice of Completion of Acquisition of Certain Shares in 株式会社アーステクニカ

古河機械金属 acquired 60% of the shares in 株式会社アーステクニカ, making it a consolidated subsidiary. The remaining 40% is scheduled to be acquired on 1 April 2027.

Worth reading
65In focus
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
7020
Millions of yen
Wording
Definitive
How definitive the wording is.

This transaction

Share transfer
CounterpartyKawasaki Heavy Industries,Ltd.
Disclosing companyKawasaki Heavy Industries,Ltd.
株式会社アーステクニカVoting rights ownership percentageNumber of shares acquired 15,480 shares; 15,480 voting rights

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.
Consideration and expenses
Acquisition price¥7,020 million
Impact on Business Performance

古河機械金属 will promptly announce any matters requiring disclosure if and when they become apparent.

Procedures and assumptions
Management structure after acquisitionThe new management structure of 株式会社アーステクニカ, comprising its representative director and president, directors and audit & supervisory board members, is described. The office of representative director and president will change to Nishi Masahiko (西昌彦), an executive officer of 古河機械金属, and part-time directors and audit & supervisory board members will be appointed from 古河機械金属 and Kawasaki Heavy Industries,Ltd. The companies will begin considering the integration of the crushing machinery business into 株式会社アーステクニカ.
This transaction
ItemDetails
Transaction nameShare transfer
Counterparty nameKawasaki Heavy Industries,Ltd.
Name of the Subject Company株式会社アーステクニカ
Acquisition price¥7,020 million
Number of shares acquired15,480 shares; 15,480 voting rights
Voting rights ownership percentageBefore 0.0% → after 60.0%
Impact on Business Performance古河機械金属 will promptly announce any matters requiring disclosure if and when they become apparent.
Contract Date9 February 2026
Execution Date / Effective Date1 April 2026 (acquisition completed)
Management structure after acquisitionThe new management structure of 株式会社アーステクニカ, comprising its representative director and president, directors and audit & supervisory board members, is described. The office of representative director and president will change to Nishi Masahiko (西昌彦), an executive officer of 古河機械金属, and part-time directors and audit & supervisory board members will be appointed from 古河機械金属 and Kawasaki Heavy Industries,Ltd. The companies will begin considering the integration of the crushing machinery business into 株式会社アーステクニカ.
Items this document does not state (22)
Business 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 CompanyExpenses 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 resolutionValuation 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 optimize the sales, technology, production and human-resource structures of the crushing machinery business, strengthen cost competitiveness, expand overseas operations, create synergies, and allocate management resources to the environmental recycling field.

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.
(Update on Previously Disclosed Matter) Notice of Completion of Acquisition of Certain Shares in 株式会社アーステクニカ | Kawasaki Heavy Industries,Ltd. (7012) timely disclosure | Komori