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M&A and Subsidiary Changes7472TOBA,INC.Trading & Wholesale

Notice concerning an acquisition of shares prescribed by Cabinet Order as an act equivalent to a tender offer for TOBA,INC. (Securities Code: 7472)

General Incorporated Association Mizu to Kashiwa no Kai decided to acquire 344,000 shares of TOBA,INC. from Toba Shigeyoshi (鳥羽重良) and Toba Satoko (鳥羽聰子). The acquired shares represent 8.70% of total voting rights.

Worth reading
12Immaterial
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
8.7
Percentage of total voting rights held by all shareholders (%)
Wording
Definitive
How definitive the wording is.

This transaction

This share acquisition
CounterpartyToba Shigeyoshi (鳥羽重良), Toba Satoko (鳥羽聰子)
Disclosing companyTOBA,INC.
TOBA,INC.Voting rights ownership percentageNumber of shares acquired 344,000 shares (the number of voting rights attached to the acquired shares is not stated)

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.

Execution Date / Effective Date25 March 2026 (share acquisition date)
Procedures and assumptions
Management structure after acquisitionThe purpose is to hold the shares over the long term as a stable shareholder.
This transaction
ItemDetails
Transaction nameThis share acquisition
Counterparty nameToba Shigeyoshi (鳥羽重良), Toba Satoko (鳥羽聰子)
Name of the Subject CompanyTOBA,INC.
Number of shares acquired344,000 shares (the number of voting rights attached to the acquired shares is not stated)
Voting rights ownership percentageAfter 8.70% (percentage represented by the acquired shares) (before not disclosed)
Execution Date / Effective Date25 March 2026 (share acquisition date)
Management structure after acquisitionThe purpose is to hold the shares over the long term as a stable shareholder.
Items this document does not state (25)
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 periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionContract 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.

General Incorporated Association Mizu to Kashiwa no Kai intends to hold the shares over the long term as a stable shareholder of TOBA,INC.

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.
Notice concerning an acquisition of shares prescribed by Cabinet Order as an act equivalent to a tender offer for TOBA,INC. (Securities Code: 7472) | TOBA,INC. (7472) timely disclosure | Komori