Worth reading
33Immaterial
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
63
NT$ million (stated capital)Wording
Definitive
How definitive the wording is.This transaction
Establishment of a subsidiary in TaiwanDisclosing companyNISHIMATSUYA CHAIN 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.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Sales of maternity, baby and children’s products and related activities in Taiwan
Location Taipei, TaiwanShare capital NT$63 millionDate of incorporation 19 June 2025
Net SalesNo results available (fiscal year ending February 2026; unit not stated)
Net income for the current fiscal yearNet loss of NT$21 million (fiscal year ending February 2026)
Net assetsNT$41 million (fiscal year ending February 2026)
Impact on Business Performance
The subsidiary is included in the consolidated earnings forecast for the fiscal year ending February 2027 announced on 2 April 2026.
Procedures and assumptions
Management structure after acquisitionThe representative is Chairman Kono Kotaro. The Company has seconded directors and employees to the subsidiary and provides operational support.
| Item | Details |
|---|---|
| Transaction name | Establishment of a subsidiary in Taiwan |
| Name of the Subject Company | 台灣西松屋股份有限公司 (TAIWAN NISHIMATSUYA CO., LTD.) |
| Business Description of the Subject Company | Sales of maternity, baby and children’s products and related activities in Taiwan |
| Location of the Subject Company | Taipei, Taiwan |
| Capital Stock of the Subject Company | NT$63 million |
| Date of Establishment of the Subject Company | 19 June 2025 |
| Net Sales of the Subject Company | No results available (fiscal year ending February 2026; unit not stated) |
| Net Income of the Subject Company | Net loss of NT$21 million (fiscal year ending February 2026) |
| Net Assets of the Subject Company | NT$41 million (fiscal year ending February 2026) |
| Voting rights ownership percentage | After 100％ (before not disclosed) |
| Impact on Business Performance | The subsidiary is included in the consolidated earnings forecast for the fiscal year ending February 2027 announced on 2 April 2026. |
| Date of board resolution | 14 February 2025 |
| Execution Date / Effective Date | 19 June 2025 |
| Management structure after acquisition | The representative is Chairman Kono Kotaro. The Company has seconded directors and employees to the subsidiary and provides operational support. |
Items this document does not state (18)
Counterparty nameOperating Profit 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)Contract 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.Because it was determined that the subsidiary’s stated capital is at least 10% of the Company’s stated capital, making it a specified subsidiary, and that the matter meets the disclosure criteria for a change in a subsidiary under the listing regulations.
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.