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M&A and Subsidiary Changes7075QLS Holdings Co.,LtdInformation and Communications, Services and Others

Notice Regarding the Business Acquisition by Our Non-Consolidated Subsidiary

QLS (THAILAND) Co., Ltd., a non-consolidated subsidiary of the Company, will acquire the nursing home business and rehabilitation clinic business from Hongkhwan Co., Ltd. As a result, the Group's operations in Thailand will comprise 2 nursing homes and 1 rehabilitation clinic.

Worth reading
26Immaterial
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Direction
Improvement
Direction inferred from the company’s description.
Scale
—
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Wording
Definitive
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This transaction

Business acquisition
CounterpartyHongkhwan Co.,Ltd.
Disclosing companyQLS Holdings Co.,Ltd
Subject of this transaction
Target company

Nursing home business; rehabilitation clinic business

Impact on Business Performance

Minor

Procedures and assumptions
Management structure after acquisitionThe company will remain a non-consolidated subsidiary for the time being. The corporate name, representative and treatment of employees are Not disclosed
This transaction
ItemDetails
Transaction nameBusiness acquisition
Counterparty nameHongkhwan Co.,Ltd.
Business Description of the Subject CompanyNursing home business; rehabilitation clinic business
Impact on Business PerformanceMinor
Management structure after acquisitionThe company will remain a non-consolidated subsidiary for the time being. The corporate name, representative and treatment of employees are Not disclosed
Items this document does not state (27)
Name 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 periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateExecution Date / Effective DateValuation 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 reduce dependence on the childcare business, expand the nursing care and welfare business and the staffing business, and build a stronger management structure. The Company also aims to expand its business operations in Thailand.

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.
Notice Regarding the Business Acquisition by Our Non-Consolidated Subsidiary | QLS Holdings Co.,Ltd (7075) timely disclosure | Komori