Worth reading
68In focus
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
690
Hundreds of millions of yenWording
Conditional
How definitive the wording is.This transaction
センクシア株式会社の株式取得（子会社化）CounterpartyLSF XI Senqcia Designated Activity Company
Disclosing companyNoritsu Koki 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.18 days from 決議 / 締結 to 実行.White points represent dates designated as scheduled dates in the document.
Target company
建材機器の製造・販売及びそれらの関連工事
Location Minato-ku, TokyoShare capital ¥500 millionDate of incorporation 2022 年２月 21 日
Net Sales35,413 百万円（2025 年３月期）
Operating profit5,134 百万円（2025 年３月期）
Net income for the current fiscal year2,122 百万円（2025 年３月期）
Net assets29,256 百万円（2025 年３月期）
Consideration and expenses
Acquisition price690 億円（概算、アドバイザリー費用含む）
Type of ConsiderationCash
Funding arrangements手元資金300億円とブリッジローン500億円を組み合わせて調達
Impact on Business Performance
2025 年 12 月期の業績に与える影響はございません。2026 年 12 月期の連結業績に与える影響は、２月 13 日に公表予定の連結業績予想に反映予定です。
Procedures and assumptions
Valuation methodologyDCF
Independent valuation institution株式会社COHEN PARTNERS
| Item | Details |
|---|---|
| Transaction name | センクシア株式会社の株式取得（子会社化） |
| Counterparty name | LSF XI Senqcia Designated Activity Company |
| Name of the Subject Company | センクシア株式会社 |
| Business Description of the Subject Company | 建材機器の製造・販売及びそれらの関連工事 |
| Location of the Subject Company | Minato-ku, Tokyo |
| Capital Stock of the Subject Company | ¥500 million |
| Date of Establishment of the Subject Company | 2022 年２月 21 日 |
| Net Sales of the Subject Company | 35,413 百万円（2025 年３月期） |
| Operating Profit of the Subject Company | 5,134 百万円（2025 年３月期） |
| Net Income of the Subject Company | 2,122 百万円（2025 年３月期） |
| Net Assets of the Subject Company | 29,256 百万円（2025 年３月期） |
| Acquisition price | 690 億円（概算、アドバイザリー費用含む） |
| Type of Consideration | Cash |
| Number of shares acquired | 488,200 株、議決権の数：Not disclosed、議決権所有割合：100% |
| Voting rights ownership percentage | Before 0% → after 100% |
| Funding arrangements | 手元資金300億円とブリッジローン500億円を組み合わせて調達 |
| Impact on Business Performance | 2025 年 12 月期の業績に与える影響はございません。2026 年 12 月期の連結業績に与える影響は、２月 13 日に公表予定の連結業績予想に反映予定です。 |
| Date of board resolution | 2026 年１月 15 日 |
| Contract Date | 2026 年１月 15 日 |
| Execution Date / Effective Date | 2026 年２月２日（予定） |
| Valuation methodology | DCF |
| Independent valuation institution | 株式会社COHEN PARTNERS |
Items this document does not state (10)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodGoodwill amountAmount of extraordinary income (loss)Special 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.新たな成長の柱となる新領域への投資、および部品・材料セグメントの周辺領域の拡張を目的としています。センクシアの技術力や市場シェアの高い製品群を取り込み、グループ全体の成長、ROE向上、株主還元の強化、海外売上比率が高い事業構成におけるリスクヘッジにつなげるとしています。
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.