Komori
M&A and Subsidiary Changes7131NOMURA CORPORATIONTrading & Wholesale

Notice Regarding the Acquisition of Shares in Towa Gravure Printing Co., Ltd. (Making It a Subsidiary)

NOMURA CORPORATION will acquire 60,000 shares of Towa Gravure Printing Co., Ltd., making it a wholly owned subsidiary with a 100.00% voting interest. The transaction is scheduled to close on 1 November 2026, and the company is expected to become a consolidated subsidiary from the fiscal year ending October 2027.

Worth reading
56In focus
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
60000
Shares
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares (making the company a subsidiary)
Counterparty5 individual shareholders (their names and addresses have not been disclosed)
Disclosing companyNOMURA CORPORATION
東和グラビヤ印刷株式会社Voting rights ownership percentageNumber of shares acquired 60,000 shares (number of voting rights: 60,000)

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.White points represent dates designated as scheduled dates in the document.
Target company

General printing, and the manufacture and sale of various polyethylene printed bags

Location Yamato, Kanagawa PrefectureShare capital ¥30 millionDate of incorporation 31 March 1964
Net Sales¥1,280.424 million (fiscal year ended July 2025)
Operating profit¥15.710 million (fiscal year ended July 2025)
Net income for the current fiscal year¥76.801 million (fiscal year ended July 2025)
Net assets¥272.757 million (fiscal year ended July 2025)
Consideration and expenses
Acquisition priceThe acquisition price has not been disclosed in consideration of the sellers’ wishes.
Impact on Business Performance

The impact on the Company’s consolidated results for the fiscal year ending October 2027 is currently under review. The Company will promptly disclose the impact on future results once it becomes known.

Procedures and assumptions
Valuation methodologyVarious due diligence procedures and the valuation of the shares were commissioned to a third-party institution, and the price was determined through consultation between the parties with reference to the results.
This transaction
ItemDetails
Transaction nameAcquisition of shares (making the company a subsidiary)
Counterparty name5 individual shareholders (their names and addresses have not been disclosed)
Name of the Subject Company東和グラビヤ印刷株式会社
Business Description of the Subject CompanyGeneral printing, and the manufacture and sale of various polyethylene printed bags
Location of the Subject CompanyYamato, Kanagawa Prefecture
Capital Stock of the Subject Company¥30 million
Date of Establishment of the Subject Company31 March 1964
Net Sales of the Subject Company¥1,280.424 million (fiscal year ended July 2025)
Operating Profit of the Subject Company¥15.710 million (fiscal year ended July 2025)
Net Income of the Subject Company¥76.801 million (fiscal year ended July 2025)
Net Assets of the Subject Company¥272.757 million (fiscal year ended July 2025)
Acquisition priceThe acquisition price has not been disclosed in consideration of the sellers’ wishes.
Number of shares acquired60,000 shares (number of voting rights: 60,000)
Voting rights ownership percentageBefore 0.00% → after 100.00%
Impact on Business PerformanceThe impact on the Company’s consolidated results for the fiscal year ending October 2027 is currently under review. The Company will promptly disclose the impact on future results once it becomes known.
Date of board resolution22 June 2026
Contract Date22 June 2026
Execution Date / Effective Date1 November 2026 (予定)
Valuation methodologyVarious due diligence procedures and the valuation of the shares were commissioned to a third-party institution, and the price was determined through consultation between the parties with reference to the results.
Items this document does not state (13)
Expenses 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)Independent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement 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.

To enhance added value and establish a platform for growth by bringing packaging-material-related functions in-house, expand customer touchpoints and the scope of proposals starting with products other than rice-related products, and improve management efficiency across the Group.

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 Acquisition of Shares in Towa Gravure Printing Co., Ltd. (Making It a Subsidiary) | NOMURA CORPORATION (7131) timely disclosure | Komori