Worth reading
58In focus
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
280
Hundreds of millions of yenWording
Avoiding a definitive answer
How definitive the wording is.This transaction
Capital increase by a special-purpose companyCounterpartyThien Long An Thinh Investment Corporation, Thien Long Group Corporation
Disclosing companyKOKUYO CO.,LTD.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Date of board resolution30 September 2026
Execution Date / Effective DateTo be determined (to be implemented subject to obtaining approval from the relevant Vietnamese authorities)
Target company
Investment business, ownership and management of shares
Location SingaporeShare capital SGD 1Date of incorporation 15 December 2025
Net assetsSGD 1 (as of the end of December 2025)
Impact on Business Performance
Immaterial
Procedures and assumptions
Conditions Precedent to ExecutionObtaining approval from the relevant Vietnamese authorities
Management structure after acquisitionThe ownership interest after the capital increase will be 100%. The management structure, corporate name and treatment of employees after the acquisition are Not disclosed
| Item | Details |
|---|---|
| Transaction name | Capital increase by a special-purpose company |
| Counterparty name | Thien Long An Thinh Investment Corporation, Thien Long Group Corporation |
| Name of the Subject Company | Synergy Investing ASIA Pte. Ltd. |
| Business Description of the Subject Company | Investment business, ownership and management of shares |
| Location of the Subject Company | Singapore |
| Capital Stock of the Subject Company | SGD 1 |
| Date of Establishment of the Subject Company | 15 December 2025 |
| Net Assets of the Subject Company | SGD 1 (as of the end of December 2025) |
| Voting rights ownership percentage | Before 100％ → after 100％ |
| Impact on Business Performance | Immaterial |
| Date of board resolution | 30 September 2026 |
| Execution Date / Effective Date | To be determined (to be implemented subject to obtaining approval from the relevant Vietnamese authorities) |
| Conditions Precedent to Execution | Obtaining approval from the relevant Vietnamese authorities |
| Management structure after acquisition | The ownership interest after the capital increase will be 100%. The management structure, corporate name and treatment of employees after the acquisition are Not disclosed |
Items this document does not state (18)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial Committee
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 increase the capital of the special-purpose company established to acquire shares for the purpose of making Thien Long Group Corporation a subsidiary. In addition, the capital after the increase will be at least 10% of KOKUYO's capital, making the company a specified subsidiary.
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.