Worth reading
57In focus
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
500000000
¥Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Share transferCounterparty株式会社シード・コーポレーション
Disclosing companyteno.Holdings Company Limited
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.
Target company
Small Amount and Short-Term Insurance Business
Location Nishi-ku, Osaka CityShare capital ¥130 millionDate of incorporation 2 April 2007
Net Sales¥1,240.012 million (fiscal year ended March 2026; ordinary revenue)
Operating profit¥9.613 million (fiscal year ended March 2026; ordinary profit)
Net income for the current fiscal year¥6.454 million (fiscal year ended March 2026)
Net assets¥226.642 million (fiscal year ended March 2026)
Consideration and expenses
Acquisition price¥500,000,000 (transfer price)
Type of ConsiderationCash (transfer price of ¥500,000,000)
Amount of extraordinary income (loss)The Company expects to record a gain on the sale of shares in an affiliate as an extraordinary gain in the fiscal year ending December 2026. The amount is currently under review.
Impact on Business Performance
The impact on the Company's consolidated results for the fiscal year ending December 2026 and subsequent fiscal years is currently under review. The Company will promptly announce any necessary revision to its earnings forecasts.
Procedures and assumptions
Conditions Precedent to ExecutionApproval from the relevant authorities
| Item | Details |
|---|---|
| Transaction name | Share transfer |
| Counterparty name | 株式会社シード・コーポレーション |
| Name of the Subject Company | セーフティージャパン・リスクマネジメント株式会社 |
| Business Description of the Subject Company | Small Amount and Short-Term Insurance Business |
| Location of the Subject Company | Nishi-ku, Osaka City |
| Capital Stock of the Subject Company | ¥130 million |
| Date of Establishment of the Subject Company | 2 April 2007 |
| Net Sales of the Subject Company | ¥1,240.012 million (fiscal year ended March 2026; ordinary revenue) |
| Operating Profit of the Subject Company | ¥9.613 million (fiscal year ended March 2026; ordinary profit) |
| Net Income of the Subject Company | ¥6.454 million (fiscal year ended March 2026) |
| Net Assets of the Subject Company | ¥226.642 million (fiscal year ended March 2026) |
| Acquisition price | ¥500,000,000 (transfer price) |
| Type of Consideration | Cash (transfer price of ¥500,000,000) |
| Number of shares acquired | Transfer of 2,600 shares (voting rights ownership ratio: 100%) |
| Voting rights ownership percentage | Before 100％ → after 0％ |
| Amount of extraordinary income (loss) | The Company expects to record a gain on the sale of shares in an affiliate as an extraordinary gain in the fiscal year ending December 2026. The amount is currently under review. |
| Impact on Business Performance | The impact on the Company's consolidated results for the fiscal year ending December 2026 and subsequent fiscal years is currently under review. The Company will promptly announce any necessary revision to its earnings forecasts. |
| Date of board resolution | 5 October 2026 |
| Contract Date | 5 October 2026 |
| Execution Date / Effective Date | 1 December 2026 (scheduled) |
| Conditions Precedent to Execution | Approval from the relevant authorities |
Items this document does not state (11)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountValuation 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 Company determined that concentrating management resources on the Group's core businesses, while enabling the company to operate under an acquirer expected to generate synergies with its insurance business, would be the best course for the company's renewed growth.
How to read this page
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