Worth reading
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Definitive
How definitive the wording is.This transaction
Absorption-type merger (simplified merger and short-form merger)Counterparty (target company)タカラ化工株式会社
Disclosing companyTAKARA STANDARD CO.,LTD.
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
1. Manufacture and sale of plastic molded products and reinforced plastic molded products 2. Manufacture and sale of plastic-based composite materials 3. Manufacture and sale of housing equipment and building materials 4. Leasing and management of land and buildings
Location Konan, Shiga PrefectureShare capital ¥10 millionDate of incorporation 7 January 2019
Net Sales¥3,260 million (fiscal year ended March 2026, standalone)
Operating profit¥86 million (fiscal year ended March 2026, standalone)
Net income for the current fiscal year¥49 million (fiscal year ended March 2026, standalone)
Net assets¥1,244 million (fiscal year ended March 2026, standalone)
Consideration and expenses
Acquisition priceNo consideration (no new shares or merger consideration will be issued in connection with the merger)
Type of ConsiderationNo consideration (no new shares or merger consideration will be issued in connection with the merger)
Impact on Business Performance
The merger will have no impact on the Company's consolidated financial results.
Procedures and assumptions
Management structure after acquisitionThere will be no changes to the corporate name, business activities, head office location, title or name of the representative, capital, or fiscal year-end as a result of the merger. The treatment of employees is Not disclosed.
| Item | Details |
|---|---|
| Transaction name | Absorption-type merger (simplified merger and short-form merger) |
| Counterparty name | タカラ化工株式会社 |
| Name of the Subject Company | タカラ化工株式会社 |
| Business Description of the Subject Company | 1. Manufacture and sale of plastic molded products and reinforced plastic molded products 2. Manufacture and sale of plastic-based composite materials 3. Manufacture and sale of housing equipment and building materials 4. Leasing and management of land and buildings |
| Location of the Subject Company | Konan, Shiga Prefecture |
| Capital Stock of the Subject Company | ¥10 million |
| Date of Establishment of the Subject Company | 7 January 2019 |
| Net Sales of the Subject Company | ¥3,260 million (fiscal year ended March 2026, standalone) |
| Operating Profit of the Subject Company | ¥86 million (fiscal year ended March 2026, standalone) |
| Net Income of the Subject Company | ¥49 million (fiscal year ended March 2026, standalone) |
| Net Assets of the Subject Company | ¥1,244 million (fiscal year ended March 2026, standalone) |
| Acquisition price | No consideration (no new shares or merger consideration will be issued in connection with the merger) |
| Type of Consideration | No consideration (no new shares or merger consideration will be issued in connection with the merger) |
| Voting rights ownership percentage | Before 100% (after not disclosed) |
| Impact on Business Performance | The merger will have no impact on the Company's consolidated financial results. |
| Date of board resolution | 30 September 2026 |
| Contract Date | 30 September 2026 |
| Execution Date / Effective Date | 1 April 2027 (予定) |
| Management structure after acquisition | There will be no changes to the corporate name, business activities, head office location, title or name of the representative, capital, or fiscal year-end as a result of the merger. The treatment of employees is Not disclosed. |
Items this document does not state (13)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent 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 merger is intended to enhance the Group's overall capabilities and market competitiveness, strengthen the competitiveness of system bathrooms, advance the production technologies for FRP products, allocate capital expenditures and research and development investments more efficiently, pursue integration benefits through greater operational efficiency, and establish a stronger management foundation.
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