Komori
M&A and Subsidiary Changes7713SIGMA KOKI CO.,LTD.Electrical Equipment and Precision Instruments

Notice Concerning the Transfer of Non-Current Assets (Trust Beneficiary Rights) and Recognition of Extraordinary Income

The Company has decided to transfer all trust beneficiary rights relating to its condominium in Koto-ku, Tokyo, to an undisclosed special-purpose company. In connection with the transfer, the Company expects to record approximately ¥462 million in gain on sale of non-current assets as extraordinary income.

Worth reading
57In focus
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
4.62
¥100 million (approx.)
Wording
Conditional
How definitive the wording is.

This transaction

固定資産(信託受益権)の譲渡
Counterparty非公表の特別目的会社
Disclosing companySIGMA KOKI CO.,LTD.
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.36 days from 決議 to 実行.White points represent dates designated as scheduled dates in the document.
Consideration and expenses
Acquisition priceNot disclosed at the transferees’ request
Amount of extraordinary income (loss)固定資産売却益(特別利益)約4億6千2百万円(概算)、2023年5月期第4四半期連結会計期間
Impact on Business Performance

固定資産売却益約4億6千2百万円(概算)を特別利益として計上する見込み。通期業績予想への影響は他の要因を含め現在精査中

Procedures and assumptions
Valuation methodology入札による市場価格を反映した適正な価格
This transaction
ItemDetails
Transaction name固定資産(信託受益権)の譲渡
Counterparty name非公表の特別目的会社
Acquisition priceNot disclosed at the transferees’ request
Amount of extraordinary income (loss)固定資産売却益(特別利益)約4億6千2百万円(概算)、2023年5月期第4四半期連結会計期間
Impact on Business Performance固定資産売却益約4億6千2百万円(概算)を特別利益として計上する見込み。通期業績予想への影響は他の要因を含め現在精査中
Date of board resolution2023年2月22日
Contract Date2023年2月28日
Execution Date / Effective Date物件引渡予定日:2023年3月30日(予定)
Valuation methodology入札による市場価格を反映した適正な価格
Items this document does not state (23)
Name of the Subject CompanyBusiness 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 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 percentageFunding arrangementsGoodwill amountIndependent 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.

To improve asset efficiency through the effective use of management resources.

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 the Transfer of Non-Current Assets (Trust Beneficiary Rights) and Recognition of Extraordinary Income | SIGMA KOKI CO.,LTD. (7713) timely disclosure | Komori