Worth reading
35Immaterial
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
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Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.This transaction
This share acquisitionCounterparty株式会社トーテック
Disclosing companyRHYTHM CO.,LTD.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Plating processing manufacturing business (tin plating, nickel plating and other processes)
Location Tonosho, Katori District, Chiba PrefectureShare capital ¥10 millionDate of incorporation 7 September 2026
Net SalesNo revenue for the most recent fiscal year (no unit specified)
Consideration and expenses
Acquisition priceNot disclosed due to confidentiality obligations with the counterparty
Impact on Business Performance
The impact on the company's consolidated results for the fiscal year ending March 2027 is expected to be minor.
Procedures and assumptions
Valuation methodologyThe acquisition price was determined following third-party due diligence and discussions with the counterparty.
Management structure after acquisitionThe representative director and president will be Kitajima Yoshikazu (北嶋芳一). The company's officers and employees are expected to be appointed as directors. The corporate name change and employee treatment are not disclosed.
| Item | Details |
|---|---|
| Transaction name | This share acquisition |
| Counterparty name | 株式会社トーテック |
| Name of the Subject Company | リズムトーテック株式会社 |
| Business Description of the Subject Company | Plating processing manufacturing business (tin plating, nickel plating and other processes) |
| Location of the Subject Company | Tonosho, Katori District, Chiba Prefecture |
| Capital Stock of the Subject Company | ¥10 million |
| Date of Establishment of the Subject Company | 7 September 2026 |
| Net Sales of the Subject Company | No revenue for the most recent fiscal year (no unit specified) |
| Acquisition price | Not disclosed due to confidentiality obligations with the counterparty |
| Impact on Business Performance | The impact on the company's consolidated results for the fiscal year ending March 2027 is expected to be minor. |
| Date of board resolution | 24 July 2026 |
| Contract Date | 24 July 2026 |
| Execution Date / Effective Date | 7 September 2026 (scheduled) |
| Valuation methodology | The acquisition price was determined following third-party due diligence and discussions with the counterparty. |
| Management structure after acquisition | The representative director and president will be Kitajima Yoshikazu (北嶋芳一). The company's officers and employees are expected to be appointed as directors. The corporate name change and employee treatment are not disclosed. |
Items this document does not state (17)
Operating 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 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 company explained that retaining in-house the plating processing currently outsourced to 株式会社トーテック will improve the quality, costs and delivery times (QCD) of its terminal products and strengthen its supply chain. It also intends to expand business opportunities by strengthening its manufacturing structure, improving production efficiency and enhancing its technological capabilities.
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