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How definitive the wording is.This transaction
Business acquisition and real estate acquisitionCounterparty (target company)Cumberland Plastic Systems, LLC
Disclosing companySANKO GOSEI LTD.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Manufacture and sale of precision plastic injection-molded products
Location Opelika, Alabama, U.S.A.Date of incorporation October 2005 (Alabama)
Net SalesUS$48.418 million (equivalent to ¥7,579 million, fiscal year ended December 2025)
Operating profitUS$1.375 million (equivalent to ¥215 million, fiscal year ended December 2025)
Net assetsUS$5.857 million (at the end of the fiscal year ended December 2025)
Consideration and expenses
Acquisition priceNot disclosed under a confidentiality agreement with the seller
Impact on Business Performance
The impact on consolidated results for the fiscal year ending May 2027 is immaterial
Procedures and assumptions
Valuation methodologyThird-party fair value appraisal of the real estate and machinery and equipment, and estimates of future earnings capacity
| Item | Details |
|---|---|
| Transaction name | Business acquisition and real estate acquisition |
| Counterparty name | Cumberland Plastic Systems, LLC |
| Name of the Subject Company | Cumberland Plastic Systems, LLC |
| Business Description of the Subject Company | Manufacture and sale of precision plastic injection-molded products |
| Location of the Subject Company | Opelika, Alabama, U.S.A. |
| Date of Establishment of the Subject Company | October 2005 (Alabama) |
| Net Sales of the Subject Company | US$48.418 million (equivalent to ¥7,579 million, fiscal year ended December 2025) |
| Operating Profit of the Subject Company | US$1.375 million (equivalent to ¥215 million, fiscal year ended December 2025) |
| Net Assets of the Subject Company | US$5.857 million (at the end of the fiscal year ended December 2025) |
| Acquisition price | Not disclosed under a confidentiality agreement with the seller |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending May 2027 is immaterial |
| Contract Date | 21 October 2026 |
| Execution Date / Effective Date | 2 November 2026 (closing and business acquisition date) |
| Valuation methodology | Third-party fair value appraisal of the real estate and machinery and equipment, and estimates of future earnings capacity |
Items this document does not state (18)
Capital Stock of the Subject CompanyNet Income 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)Date of board resolutionIndependent 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 strengthen access to the automotive-related supply chain in the southern United States and acquire a new production site and customer base. The company also aims to strengthen production capacity and its supply system through complementary operations with its existing Indiana site.
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