Worth reading
52Recurring
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
525
¥ million (combined acquisition price, advisory fees and other costs; approximate)Wording
Definitive
How definitive the wording is.This transaction
This share acquisition (making the company a wholly owned subsidiary)CounterpartyNishimoto Hideyuki (西元 秀行)
Disclosing companyBuySell Technologies 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
Reuse business centered on the operation of 買取専門東京市場, and real estate leasing business
Location Kagoshima City, Kagoshima PrefectureShare capital ¥4 millionDate of incorporation March 2015
Net Sales¥2,329 million (fiscal year ended February 2026)
Operating profit¥89 million (fiscal year ended February 2026)
Net income for the current fiscal year¥56 million (fiscal year ended February 2026)
Net assets¥162 million (fiscal year ended February 2026)
Consideration and expenses
Acquisition price¥500 million (common shares of HKS ビクトリージャパン株式会社)
Expenses other than the acquisition price¥25 million (advisory fees and other costs; approximate)
Type of ConsiderationCash
Impact on Business Performance
The impact on results for the fiscal year ending December 2026 will be immaterial
| Item | Details |
|---|---|
| Transaction name | This share acquisition (making the company a wholly owned subsidiary) |
| Counterparty name | Nishimoto Hideyuki (西元 秀行) |
| Name of the Subject Company | HKS ビクトリージャパン株式会社 |
| Business Description of the Subject Company | Reuse business centered on the operation of 買取専門東京市場, and real estate leasing business |
| Location of the Subject Company | Kagoshima City, Kagoshima Prefecture |
| Capital Stock of the Subject Company | ¥4 million |
| Date of Establishment of the Subject Company | March 2015 |
| Net Sales of the Subject Company | ¥2,329 million (fiscal year ended February 2026) |
| Operating Profit of the Subject Company | ¥89 million (fiscal year ended February 2026) |
| Net Income of the Subject Company | ¥56 million (fiscal year ended February 2026) |
| Net Assets of the Subject Company | ¥162 million (fiscal year ended February 2026) |
| Acquisition price | ¥500 million (common shares of HKS ビクトリージャパン株式会社) |
| Expenses other than the acquisition price | ¥25 million (advisory fees and other costs; approximate) |
| Type of Consideration | Cash |
| Number of shares acquired | 400 shares (400 voting rights) |
| Voting rights ownership percentage | Before 0.00％ → after 100.0％ |
| Impact on Business Performance | The impact on results for the fiscal year ending December 2026 will be immaterial |
| Date of board resolution | 17 September 2026 |
| Contract Date | 17 September 2026 |
| Execution Date / Effective Date | 30 October 2026 (予定) |
Items this document does not state (12)
Merger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent 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.The acquisition is intended to expand the store-based purchasing business and advance a dominant regional strategy by increasing the number of stores and purchasing channels in the Kyushu region, primarily in Kagoshima Prefecture, providing HKS with BuySell Technologies' various capabilities to generate group synergies, and accelerating growth.
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.