Worth reading
41Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.This transaction
Dissolution and liquidation of consolidated subsidiariesDisclosing companyOKAMURA CORPORATION
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Manufacture of steel furniture and store fixtures of all types, Manufacture of fixtures for commercial facilities
Location 1 Manomachi, Takahashi, Okayama Prefecture, 4-13-1 Nishihokima, Adachi-ku, TokyoShare capital ¥100 million, ¥60 millionDate of incorporation 9 September 1988, 14 February 1962
Impact on Business Performance
The impact of this transaction on the Company's consolidated results will be immaterial
| Item | Details |
|---|---|
| Transaction name | Dissolution and liquidation of consolidated subsidiaries |
| Name of the Subject Company | 株式会社山陽オカムラ, 砂畑産業株式会社 |
| Business Description of the Subject Company | Manufacture of steel furniture and store fixtures of all types, Manufacture of fixtures for commercial facilities |
| Location of the Subject Company | 1 Manomachi, Takahashi, Okayama Prefecture, 4-13-1 Nishihokima, Adachi-ku, Tokyo |
| Capital Stock of the Subject Company | ¥100 million, ¥60 million |
| Date of Establishment of the Subject Company | 9 September 1988, 14 February 1962 |
| Voting rights ownership percentage | Before 100% (after not disclosed) |
| Impact on Business Performance | The impact of this transaction on the Company's consolidated results will be immaterial |
| Date of board resolution | 24 June 2026 |
| Execution Date / Effective Date | 株式会社山陽オカムラ: date of cessation of operations, 30 June 2027, 砂畑産業株式会社: date of cessation of operations, 31 March 2027, Dissolution and liquidation: neither specific date has been determined as of the present time |
Items this document does not state (22)
Counterparty nameNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets 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 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 company is pursuing business structure reforms focused on optimizing its production system as a key priority, based on the Long-Term Vision and Medium-Term Management Plan 2028 announced on 29 May 2026.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.