Komori
M&A and Subsidiary Changes7414ONOKEN CO.,LTD.Trading & Wholesale

Notice Regarding the Acquisition of Shares in 三友鋼材株式会社

ONOKEN CO.,LTD. plans to acquire 32,000 shares of 三友鋼材株式会社 and make it a consolidated subsidiary in which it will hold 100% of the voting rights, effective 29 May 2026. The acquisition price is undisclosed.

Worth reading
40Recurring
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
32000
Shares
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares
Disclosing companyONOKEN CO.,LTD.
三友鋼材株式会社Voting rights ownership percentageNumber of shares acquired 32,000 shares (number of voting rights: Not disclosed)

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.

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

Steel materials sales business

Location Takamatsu, Kagawa PrefectureShare capital ¥20 millionDate of incorporation 3 March 1958
Consideration and expenses
Acquisition priceNot disclosed at the request of the partner.
Impact on Business Performance

The impact of this transaction on consolidated results for the current fiscal year will be immaterial.

Procedures and assumptions
Valuation methodologyDiscussion with the counterparty
Management structure after acquisition三友鋼材株式会社 is予定 to become a consolidated subsidiary of the Company. Its corporate name, representative and treatment of employees: Not disclosed
This transaction
ItemDetails
Transaction nameAcquisition of shares
Name of the Subject Company三友鋼材株式会社
Business Description of the Subject CompanySteel materials sales business
Location of the Subject CompanyTakamatsu, Kagawa Prefecture
Capital Stock of the Subject Company¥20 million
Date of Establishment of the Subject Company3 March 1958
Acquisition priceNot disclosed at the request of the partner.
Number of shares acquired32,000 shares (number of voting rights: Not disclosed)
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business PerformanceThe impact of this transaction on consolidated results for the current fiscal year will be immaterial.
Date of board resolution15 May 2026
Contract Date15 May 2026
Execution Date / Effective Date29 May 2026 (予定)
Valuation methodologyDiscussion with the counterparty
Management structure after acquisition三友鋼材株式会社 is予定 to become a consolidated subsidiary of the Company. Its corporate name, representative and treatment of employees: Not disclosed
Items this document does not state (18)
Counterparty nameNet 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 periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Independent valuation institutionSpecial CommitteeConditions Precedent to Executionanswers

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 purpose is to make 三友鋼材株式会社 a subsidiary, strengthen its market coverage in the Shikoku region, including Kagawa Prefecture, improve customer convenience in the Shikoku area through collaboration with the Marugame Sales Office and マツオメタル株式会社, and enhance corporate value.

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Notice Regarding the Acquisition of Shares in 三友鋼材株式会社 | ONOKEN CO.,LTD. (7414) timely disclosure | Komori