Worth reading
16Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
29
% (shareholding ratio; planned level)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Additional acquisition of our sharesCounterpartyIKUYO CO.,LTD.
Disclosing companyKASAI KOGYO CO.,LTD.
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.
Impact on Business Performance
Because this could affect our management strategy and the liquidity of our shares, our Board of Directors needs to respond cautiously.
| Item | Details |
|---|---|
| Transaction name | Additional acquisition of our shares |
| Counterparty name | IKUYO CO.,LTD. |
| Name of the Subject Company | KASAI KOGYO CO.,LTD. |
| Voting rights ownership percentage | After Approximately 29% (shareholding ratio) (before not disclosed) |
| Impact on Business Performance | Because this could affect our management strategy and the liquidity of our shares, our Board of Directors needs to respond cautiously. |
Items this document does not state (27)
Business Description 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 acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateExecution Date / Effective 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.KASAI KOGYO CO.,LTD. explains that its Board of Directors needs to respond cautiously because the acquisition of shares by IKUYO CO.,LTD. to bring its shareholding ratio to approximately 29% could affect KASAI KOGYO CO.,LTD.'s management strategy and the liquidity of its shares.
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.