Worth reading
43Recurring
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
100
Voting rights ownership ratio following the change (%)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Acquisition of shares and conversion into a subsidiaryDisclosing companyOta Floriculture Auction 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.
Target company
Wholesale of flowers and plants
Location Itabashi-ku, TokyoShare capital ¥98 millionDate of incorporation 8 November 1990
Net Sales¥840 million (fiscal year ended March 2025)
Operating profit−¥20 million (fiscal year ended March 2025)
Net income for the current fiscal year¥0 million (fiscal year ended March 2025)
Net assets¥260 million (fiscal year ended March 2025)
Consideration and expenses
Acquisition priceNot disclosed at the counterparty’s request
Impact on Business Performance
The impact on the company’s consolidated results for the fiscal year ending March 2026 is currently under review. 株式会社東日本板橋花き is expected to become a consolidated subsidiary from the first quarter of the fiscal year ending March 2027.
Procedures and assumptions
Valuation methodologyDetermined following due diligence by a third-party institution and negotiations with the counterparty
Management structure after acquisition株式会社東日本板橋花き is expected to become a consolidated subsidiary from the first quarter of the fiscal year ending March 2027. The trade name, representative and treatment of employees are Not disclosed
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares and conversion into a subsidiary |
| Name of the Subject Company | 株式会社東日本板橋花き |
| Business Description of the Subject Company | Wholesale of flowers and plants |
| Location of the Subject Company | Itabashi-ku, Tokyo |
| Capital Stock of the Subject Company | ¥98 million |
| Date of Establishment of the Subject Company | 8 November 1990 |
| Net Sales of the Subject Company | ¥840 million (fiscal year ended March 2025) |
| Operating Profit of the Subject Company | −¥20 million (fiscal year ended March 2025) |
| Net Income of the Subject Company | ¥0 million (fiscal year ended March 2025) |
| Net Assets of the Subject Company | ¥260 million (fiscal year ended March 2025) |
| Acquisition price | Not disclosed at the counterparty’s request |
| Number of shares acquired | 4,795 shares (number of voting rights: 4,795) |
| Voting rights ownership percentage | Before 0％ → after 100.0％ |
| Impact on Business Performance | The impact on the company’s consolidated results for the fiscal year ending March 2026 is currently under review. 株式会社東日本板橋花き is expected to become a consolidated subsidiary from the first quarter of the fiscal year ending March 2027. |
| Date of board resolution | 27 March 2026 |
| Contract Date | 27 March 2026 |
| Execution Date / Effective Date | 1 April 2026 (scheduled) |
| Valuation methodology | Determined following due diligence by a third-party institution and negotiations with the counterparty |
| Management structure after acquisition | 株式会社東日本板橋花き is expected to become a consolidated subsidiary from the first quarter of the fiscal year ending March 2027. The trade name, representative and treatment of employees are Not disclosed |
Items this document does not state (13)
Counterparty nameExpenses 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 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.The specific purpose and rationale for the transaction have not been disclosed. The company explains that the acquisition price was determined appropriately following due diligence by a third-party institution and negotiations with the counterparty.
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