Komori
M&A and Subsidiary Changes8025TSUKAMOTO CORPORATION CO.,LTD.Trading & Wholesale

Notice Regarding the Establishment of a Subsidiary

TSUKAMOTO CORPORATION CO.,LTD. will establish a subsidiary engaged in the sale and installation of sauna equipment. The new company will be wholly funded by the company, with operations scheduled to begin in April 2024.

Worth reading
32Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
95
¥ million
Wording
Conditional
How definitive the wording is.

This transaction

Subsidiary Formation
Disclosing companyTSUKAMOTO CORPORATION CO.,LTD.
ツカモトウェルネス株式会社Voting rights ownership percentage

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.

TimelineThe spacing between the points is proportional to the actual number of days.11 days from 決議 to 実行.White points represent dates designated as scheduled dates in the document.
Target company

・サウナ設備機器の販売および設置工事 ・衣類、繊維加工品、身の回り品等の製造、加工、販売等

Location Chuo-ku, TokyoShare capital ¥95 millionDate of incorporation 2024 年2月9日(予定)
Impact on Business Performance

当社の当期(2024年3月期)業績への影響は軽微でございます。

Procedures and assumptions
Management structure after acquisition代表取締役社長は齋川敏明。当社は、当該会社と人的関係を構築する予定であり、今後、当該会社が行う事業において協業する予定。従業員の処遇はNot disclosed
This transaction
ItemDetails
Transaction nameSubsidiary Formation
Name of the Subject Companyツカモトウェルネス株式会社
Business Description of the Subject Company・サウナ設備機器の販売および設置工事 ・衣類、繊維加工品、身の回り品等の製造、加工、販売等
Location of the Subject CompanyChuo-ku, Tokyo
Capital Stock of the Subject Company¥95 million
Date of Establishment of the Subject Company2024 年2月9日(予定)
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business Performance当社の当期(2024年3月期)業績への影響は軽微でございます。
Date of board resolution2024 年1月29日
Execution Date / Effective Date2024 年2月9日(予定)。事業開始日は2024 年4月(予定)
Management structure after acquisition代表取締役社長は齋川敏明。当社は、当該会社と人的関係を構築する予定であり、今後、当該会社が行う事業において協業する予定。従業員の処遇はNot disclosed
Items this document does not state (21)
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 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.

中期経営計画に掲げる新規事業開発を促進し、サウナ設備機器や関連商品の販売を通じて、お客様のニーズに応えられる体制を整えるためです。

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.
Notice Regarding the Establishment of a Subsidiary | TSUKAMOTO CORPORATION CO.,LTD. (8025) timely disclosure | Komori