Worth reading
68In focus
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
76
Voting rights ownership ratio (%)Wording
Conditional
How definitive the wording is.This transaction
第三者割当増資引受けによる連結子会社化Counterparty (target company)Rabyte Edge Pvt. Ltd.
Disclosing companyHakuto 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
エレクトロニクス製品の卸売販売
Location インド（本社：ニューデリー。所在地欄：F-32, Sector 11, Gautam Buddha Nagar, Noida, Uttar Pradesh 201301）Share capital 1,000,000 インドルピー（約1.7百万円）Date of incorporation 2016 年 3 月 31 日設立
Net Sales2,994 百万ルピー（5,240 百万円）、2025 年 3 月期
Net assets383 百万ルピー（670 百万円）、2025 年 3 月期
Consideration and expenses
Acquisition price秘密保持契約につきNot disclosedといたします。
Type of ConsiderationCash
Funding arrangementsDebt Financing
Impact on Business Performance
本契約による当社の連結業績への影響は精査中。2026 年 3 月期の連結業績予想に与える影響等、今後開示が必要であると判断した場合には、速やかに知らせる。
Procedures and assumptions
Valuation methodologyAppropriate share valuation by an independent third-party institution
| Item | Details |
|---|---|
| Transaction name | 第三者割当増資引受けによる連結子会社化 |
| Counterparty name | Rabyte Edge Pvt. Ltd. |
| Name of the Subject Company | Rabyte Edge Pvt. Ltd. |
| Business Description of the Subject Company | エレクトロニクス製品の卸売販売 |
| Location of the Subject Company | インド（本社：ニューデリー。所在地欄：F-32, Sector 11, Gautam Buddha Nagar, Noida, Uttar Pradesh 201301） |
| Capital Stock of the Subject Company | 1,000,000 インドルピー（約1.7百万円） |
| Date of Establishment of the Subject Company | 2016 年 3 月 31 日設立 |
| Net Sales of the Subject Company | 2,994 百万ルピー（5,240 百万円）、2025 年 3 月期 |
| Net Assets of the Subject Company | 383 百万ルピー（670 百万円）、2025 年 3 月期 |
| Acquisition price | 秘密保持契約につきNot disclosedといたします。 |
| Type of Consideration | Cash |
| Number of shares acquired | 19,007,600 株（議決権所有割合：76%） |
| Voting rights ownership percentage | Before 0% → after 76% |
| Funding arrangements | Debt Financing |
| Impact on Business Performance | 本契約による当社の連結業績への影響は精査中。2026 年 3 月期の連結業績予想に与える影響等、今後開示が必要であると判断した場合には、速やかに知らせる。 |
| Date of board resolution | 5 February 2026 |
| Contract Date | 5 February 2026 |
| Execution Date / Effective Date | 2026 年 2 月下旬（予定）（本文上の事業開始日） |
| Valuation methodology | Appropriate share valuation by an independent third-party institution |
Items this document does not state (13)
Operating Profit of the Subject CompanyNet Income of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodGoodwill amountAmount of extraordinary income (loss)Independent 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.インド市場での顧客基盤の拡充や関係強化、両社製品の相互クロスセル、設計ノウハウを融合した新製品の共同開発を通じて、グローバルでの事業成長につなげるため。
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.