Worth reading
51Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
384
¥ millions (net sales for the fiscal year ended August 2025, 2.5% of consolidated net sales)Wording
Conditional
How definitive the wording is.This transaction
Business TransfersCounterpartyRaku-P Co., Ltd.
Disclosing companyUPR Corporation
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company
Sales of onboard vehicle devices, provision of car-sharing services, and self-operated services
Net Sales¥384 million (fiscal year ended August 2025)
Operating profitNot disclosed at the counterparty's request
Consideration and expenses
Acquisition priceNot disclosed at the counterparty's request
Type of ConsiderationNot disclosed (the settlement method is not disclosed at the counterparty's request)
Impact on Business Performance
The impact of this transaction on the Company's financial results is expected to be immaterial.
Procedures and assumptions
Valuation methodologyAgreed between the parties following discussions as a fair and reasonable price
Management structure after acquisitionThe business's expertise and track record will be leveraged under Raku-P Co., Ltd. The Company will continue to sell onboard vehicle devices and provide after-sales services to certain business partners. The corporate name, representative and treatment of employees are not disclosed.
| Item | Details |
|---|---|
| Transaction name | Business Transfers |
| Counterparty name | Raku-P Co., Ltd. |
| Business Description of the Subject Company | Sales of onboard vehicle devices, provision of car-sharing services, and self-operated services |
| Net Sales of the Subject Company | ¥384 million (fiscal year ended August 2025) |
| Operating Profit of the Subject Company | Not disclosed at the counterparty's request |
| Acquisition price | Not disclosed at the counterparty's request |
| Type of Consideration | Not disclosed (the settlement method is not disclosed at the counterparty's request) |
| Impact on Business Performance | The impact of this transaction on the Company's financial results is expected to be immaterial. |
| Date of board resolution | 18 May 2026 |
| Contract Date | 18 May 2026 |
| Execution Date / Effective Date | 1 September 2026 (予定) |
| Valuation methodology | Agreed between the parties following discussions as a fair and reasonable price |
| Management structure after acquisition | The business's expertise and track record will be leveraged under Raku-P Co., Ltd. The Company will continue to sell onboard vehicle devices and provide after-sales services to certain business partners. The corporate name, representative and treatment of employees are not disclosed. |
Items this document does not state (19)
Name of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Independent 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.As the Company pursues greater focus on its logistics-related businesses, it has determined that this business has limited affinity with those operations and that its sales have remained sluggish in recent years. The Company states that leveraging the business's expertise and track record under Raku-P Co., Ltd., which is growing in the car-sharing market, is the best way to maximize the value it provides to customers.
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.