Komori
M&A and Subsidiary Changes7578NICHIRYOKU CO.,LTD.Retail

Notice Regarding the Acquisition of a Bone-Storage Facility Business and Receivables by a Subsidiary

The Company’s subsidiary decided to acquire from RSJ合同会社, for ¥500 million, a business including the exclusive sales rights for perpetual use rights to the “縁の園” columbarium, and to acquire receivables of approximately ¥2.6 billion related to advance payments made to temples, and has entered into an agreement.

Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
5
Hundreds of millions of yen
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of the business
CounterpartyRSJ合同会社
Disclosing companyNICHIRYOKU CO.,LTD.
Subject of this transaction
Date of board resolution25 May 2026
Contract Date25 May 2026
Execution Date / Effective Date25 May 2026 (same day)
Target company

Business of selling perpetual use rights and providing management and operation services for the “茗荷谷陵苑 林泉寺 縁の園” columbarium

Location Bunkyo-ku, Tokyo
Net Sales¥98 million (fiscal year ending March 2026)
Operating profit¥79 million (fiscal year ending March 2026)
Consideration and expenses
Acquisition price¥500 million
Funding arrangementsThe Company announced that funds raised through the issuance of new shares by third-party allotment and other means will be allocated to the acquisition of the columbarium-related business.
Impact on Business Performance

Revenue: approximately ¥100 million; operating profit: approximately ¥70 million. These figures may fluctuate depending on sales progress and other factors.

Procedures and assumptions
Management structure after acquisitionManagement and collection will be conducted in conjunction with sales activities. The company name, representative and treatment of employees: not disclosed
This transaction
ItemDetails
Transaction nameAcquisition of the business
Counterparty nameRSJ合同会社
Business Description of the Subject CompanyBusiness of selling perpetual use rights and providing management and operation services for the “茗荷谷陵苑 林泉寺 縁の園” columbarium
Location of the Subject CompanyBunkyo-ku, Tokyo
Net Sales of the Subject Company¥98 million (fiscal year ending March 2026)
Operating Profit of the Subject Company¥79 million (fiscal year ending March 2026)
Acquisition price¥500 million
Funding arrangementsThe Company announced that funds raised through the issuance of new shares by third-party allotment and other means will be allocated to the acquisition of the columbarium-related business.
Impact on Business PerformanceRevenue: approximately ¥100 million; operating profit: approximately ¥70 million. These figures may fluctuate depending on sales progress and other factors.
Date of board resolution25 May 2026
Contract Date25 May 2026
Execution Date / Effective Date25 May 2026 (same day)
Management structure after acquisitionManagement and collection will be conducted in conjunction with sales activities. The company name, representative and treatment of employees: not disclosed
Items this document does not state (19)
Name of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment 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 periodNumber of shares acquiredVoting rights ownership percentageGoodwill amountAmount of extraordinary income (loss)Valuation 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.

The purpose is to capture demand for urban columbaria, including demand for closing down family graves, and to expand the product lineup and supply of columbaria. The Company also expects synergies, including improved marketing efficiency and optimization of the operating structure, by leveraging the operational expertise and customer base developed through its existing columbarium business. At the same time, the Company explained that the receivables to be acquired depend on sales progress and are expected to have a long collection period.

How to read this page

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Notice Regarding the Acquisition of a Bone-Storage Facility Business and Receivables by a Subsidiary | NICHIRYOKU CO.,LTD. (7578) timely disclosure | Komori