Worth reading
24Immaterial
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
1900000
Shares (maximum)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
This share acquisitionDisclosing companySEIKA CORPORATION
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.
Procedures and assumptions
Conditions Precedent to ExecutionDepending on market share price conditions, the acquisition may not be made up to the maximum number of shares.
| Item | Details |
|---|---|
| Transaction name | This share acquisition |
| Name of the Subject Company | TOKYO SANGYO CO.,LTD. |
| Number of shares acquired | 1,900,000 common shares (maximum). The ratio of the voting rights represented by the shares to be acquired to the total number of voting rights is 7.14% (maximum). The number of voting rights itself is Not disclosed |
| Voting rights ownership percentage | After 19.62% (before not disclosed) |
| Date of board resolution | 17 August 2026 |
| Execution Date / Effective Date | Share acquisition period (scheduled): from 18 August 2026 to 30 December 2026 (scheduled) |
| Conditions Precedent to Execution | Depending on market share price conditions, the acquisition may not be made up to the maximum number of shares. |
Items this document does not state (25)
Counterparty nameBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet 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 periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeManagement 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.No purpose or reason for the share acquisition is stated.
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.