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M&A and Subsidiary Changes7172Japan Investment Adviser Co.,Ltd.Financials (excluding banks)

Notice Regarding the Acquisition of Shares in Keyside Co., Ltd.

Japan Investment Adviser Co., Ltd. will acquire all 61,001 shares of 株式会社キーサイド on 29 July 2026 (planned), making it a wholly owned subsidiary. The acquisition price has not been disclosed due to confidentiality obligations.

Worth reading
44Recurring
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
15
% (upper limit of the acquisition price relative to the Company's consolidated net assets)
Wording
Conditional
How definitive the wording is.

This transaction

This share acquisition
CounterpartyChiba-Yokohama Partnership No. 1 Investment Limited Liability Partnership, Nakagawa Shoji (中川 昌司)
Disclosing companyJapan Investment Adviser Co.,Ltd.
株式会社キーサイドVoting rights ownership percentageNumber of shares acquired 61,001 shares (100.0%)

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.

Execution Date / Effective Date29 July 2026 (planned)
Target company

Sales, brokerage, import and export of yachts, motorboats and related equipment Yacht and motorboat outfitting and maintenance services, etc.

Location Kanazawa-ku, YokohamaDate of incorporation (Founded) May 1998 (Established) November 2022
Net Sales¥3,072 million (fiscal year ended November 2025)
Operating profit¥196 million (fiscal year ended November 2025)
Net income for the current fiscal year¥90 million (fiscal year ended November 2025)
Net assets¥803 million (fiscal year ended November 2025)
Consideration and expenses
Acquisition priceThe acquisition price will not be disclosed due to confidentiality obligations. The acquisition price does not exceed 15% of the Company's consolidated net assets.
Impact on Business Performance

The Company has not included the impact of this transaction in its earnings forecast for the fiscal year ending December 2026. Although the impact on results for the current fiscal year is expected to be immaterial, the Company expects a meaningful contribution to earnings from the following fiscal year onward, when the transaction will contribute for the full year.

This transaction
ItemDetails
Transaction nameThis share acquisition
Counterparty nameChiba-Yokohama Partnership No. 1 Investment Limited Liability Partnership, Nakagawa Shoji (中川 昌司)
Name of the Subject Company株式会社キーサイド
Business Description of the Subject CompanySales, brokerage, import and export of yachts, motorboats and related equipment Yacht and motorboat outfitting and maintenance services, etc.
Location of the Subject CompanyKanazawa-ku, Yokohama
Date of Establishment of the Subject Company(Founded) May 1998 (Established) November 2022
Net Sales of the Subject Company¥3,072 million (fiscal year ended November 2025)
Operating Profit of the Subject Company¥196 million (fiscal year ended November 2025)
Net Income of the Subject Company¥90 million (fiscal year ended November 2025)
Net Assets of the Subject Company¥803 million (fiscal year ended November 2025)
Acquisition priceThe acquisition price will not be disclosed due to confidentiality obligations. The acquisition price does not exceed 15% of the Company's consolidated net assets.
Number of shares acquired61,001 shares (100.0%)
Voting rights ownership percentageAfter 100.0% (before not disclosed)
Impact on Business PerformanceThe Company has not included the impact of this transaction in its earnings forecast for the fiscal year ending December 2026. Although the impact on results for the current fiscal year is expected to be immaterial, the Company expects a meaningful contribution to earnings from the following fiscal year onward, when the transaction will contribute for the full year.
Execution Date / Effective Date29 July 2026 (planned)
Items this document does not state (17)
Capital Stock 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 resolutionContract DateValuation methodologyIndependent 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.

The Company aims to expand 株式会社キーサイド's sales channels by leveraging the customer base of the Group, thereby increasing Group earnings and enhancing corporate value. In addition, it intends to broaden its lineup of financial solutions and expand its business targeting high-net-worth individuals.

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 Keyside Co., Ltd. | Japan Investment Adviser Co.,Ltd. (7172) timely disclosure | Komori