Worth reading
37Immaterial
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
2600
INR million (approximately ¥4.4 billion)Wording
Definitive
How definitive the wording is.This transaction
This capital increaseCounterparty (target company)FUTABA MANUFACTURING MAHARASHTRA PRIVATE LIMITED
Disclosing companyFUTABA INDUSTRIAL CO.,LTD.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Date of board resolution20 May 2026
Target company
Manufacture and sale of automotive and other vehicle parts, etc.
Location Maharashtra, IndiaShare capital Before the capital increase: INR 45 million (approximately ¥70 million); after the capital increase: INR 2,645 million (approximately ¥4.5 billion)Date of incorporation 4 May 2026
Consideration and expenses
Acquisition priceINR 2,600 million (approximately ¥4.4 billion) (capital increase amount)
Impact on Business Performance
The capital increase will not have a material impact on consolidated results, but the Company will promptly disclose any matters requiring disclosure.
Procedures and assumptions
Management structure after acquisitionRepresentative's title and name: Ishizaki Yoshihiko (石崎 義彦). Officers and employees of the Company also serve concurrently as directors of the company.
| Item | Details |
|---|---|
| Transaction name | This capital increase |
| Counterparty name | FUTABA MANUFACTURING MAHARASHTRA PRIVATE LIMITED |
| Name of the Subject Company | FUTABA MANUFACTURING MAHARASHTRA PRIVATE LIMITED |
| Business Description of the Subject Company | Manufacture and sale of automotive and other vehicle parts, etc. |
| Location of the Subject Company | Maharashtra, India |
| Capital Stock of the Subject Company | Before the capital increase: INR 45 million (approximately ¥70 million); after the capital increase: INR 2,645 million (approximately ¥4.5 billion) |
| Date of Establishment of the Subject Company | 4 May 2026 |
| Acquisition price | INR 2,600 million (approximately ¥4.4 billion) (capital increase amount) |
| Voting rights ownership percentage | Before 99.99% → after 99.99% |
| Impact on Business Performance | The capital increase will not have a material impact on consolidated results, but the Company will promptly disclose any matters requiring disclosure. |
| Date of board resolution | 20 May 2026 |
| Management structure after acquisition | Representative's title and name: Ishizaki Yoshihiko (石崎 義彦). Officers and employees of the Company also serve concurrently as directors of the company. |
Items this document does not state (20)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses 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 amountAmount of extraordinary income (loss)Contract 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.As a major Japanese automotive manufacturer, which is a key customer in India, expands its production capacity, we intend to strengthen our financial base by installing presses and welding equipment to supply mainly body-related components.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.