Worth reading
58In 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
3
¥100 million (consolidated financial statements for the fiscal year ending March 2027; ¥1 billion in non-consolidated financial statements)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
This transactionCounterparty富士和機械工業(昆山)有限公司, 昆山和準測試有限公司
Disclosing companyAKEBONO BRAKE INDUSTRY CO.,LTD.
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
Manufacture and sale of disc brakes, drum brakes and other products
Location Guangzhou, Guangdong ProvinceShare capital RMB 62 millionDate of incorporation 13 October 2004
Net SalesRMB 453 million (fiscal year ended December 2025)
Operating profitRMB 38 million (fiscal year ended December 2025)
Net income for the current fiscal yearRMB 31 million (fiscal year ended December 2025)
Net assetsRMB 197 million (fiscal year ended December 2025)
Consideration and expenses
Acquisition priceThe amount will not be disclosed due to confidentiality obligations under the transfer agreement and the request of the transferee.
Amount of extraordinary income (loss)For the fiscal year ending March 2027, the Company expects to recognize a gain on the sale of investments in affiliated companies as extraordinary income of ¥300 million in its consolidated financial statements and ¥1 billion in its non-consolidated financial statements.
Impact on Business Performance
For the fiscal year ending March 2027, the Company expects to recognize a gain on the sale of investments in affiliated companies as extraordinary income of ¥300 million in its consolidated financial statements and ¥1 billion in its non-consolidated financial statements, respectively.
Procedures and assumptions
Management structure after acquisitionManagement control of 広州曙光 will be transferred to 富士和機械工業(昆山)有限公司 and its parent company, 六和機械股份有限公司, allowing the Company to focus more closely on managing 曙光制動器(蘇州)有限公司.
| Item | Details |
|---|---|
| Transaction name | This transaction |
| Counterparty name | 富士和機械工業(昆山)有限公司, 昆山和準測試有限公司 |
| Name of the Subject Company | 広州曙光制動器有限公司 |
| Business Description of the Subject Company | Manufacture and sale of disc brakes, drum brakes and other products |
| Location of the Subject Company | Guangzhou, Guangdong Province |
| Capital Stock of the Subject Company | RMB 62 million |
| Date of Establishment of the Subject Company | 13 October 2004 |
| Net Sales of the Subject Company | RMB 453 million (fiscal year ended December 2025) |
| Operating Profit of the Subject Company | RMB 38 million (fiscal year ended December 2025) |
| Net Income of the Subject Company | RMB 31 million (fiscal year ended December 2025) |
| Net Assets of the Subject Company | RMB 197 million (fiscal year ended December 2025) |
| Acquisition price | The amount will not be disclosed due to confidentiality obligations under the transfer agreement and the request of the transferee. |
| Voting rights ownership percentage | Before 70% → after 30% |
| Amount of extraordinary income (loss) | For the fiscal year ending March 2027, the Company expects to recognize a gain on the sale of investments in affiliated companies as extraordinary income of ¥300 million in its consolidated financial statements and ¥1 billion in its non-consolidated financial statements. |
| Impact on Business Performance | For the fiscal year ending March 2027, the Company expects to recognize a gain on the sale of investments in affiliated companies as extraordinary income of ¥300 million in its consolidated financial statements and ¥1 billion in its non-consolidated financial statements, respectively. |
| Date of board resolution | 17 April 2026 |
| Contract Date | 27 April 2026 (予定) |
| Execution Date / Effective Date | 30 June 2026 (scheduled) |
| Management structure after acquisition | Management control of 広州曙光 will be transferred to 富士和機械工業(昆山)有限公司 and its parent company, 六和機械股份有限公司, allowing the Company to focus more closely on managing 曙光制動器(蘇州)有限公司. |
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 periodNumber of shares acquiredFunding arrangementsGoodwill amountValuation 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.As part of rebuilding the foundation of its China business, the Company will transfer management control of 広州曙光 to 富士和機械工業（昆山）有限公司 and 六和グループ, enabling it to focus more closely on managing 曙光制動器（蘇州）有限公司, which manufactures and sells brake pads.
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.