Worth reading
62In focus
Scored from 3 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
20
% (ownership ratio after acquisition)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Additional acquisition of sharesDisclosing companyMitsuuroko Group Holdings Co.,Ltd.
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.
Execution Date / Effective Date4 June 2026
Target company
Trading and transportation of LPG and petroleum products
Location Bangkok, ThailandShare capital 918,931,500 Thai baht (¥4,502,764,350)Date of incorporation 17 January 2001
Net Sales¥361,237 million (fiscal year ended December 2025)
Net income for the current fiscal year¥39 million (fiscal year ended December 2025; net income attributable to owners of the parent)
Net assets¥75,175 million (fiscal year ended December 2025)
Impact on Business Performance
The impact on consolidated financial results is expected to be minor.
Procedures and assumptions
Management structure after acquisitionThe ownership ratio became 20.0%, and Siamgas became an equity-method affiliate of the Company. Changes to the trade name, representative, and treatment of employees: Not disclosed
| Item | Details |
|---|---|
| Transaction name | Additional acquisition of shares |
| Name of the Subject Company | Siamgas and Petrochemicals Public Company Limited |
| Business Description of the Subject Company | Trading and transportation of LPG and petroleum products |
| Location of the Subject Company | Bangkok, Thailand |
| Capital Stock of the Subject Company | 918,931,500 Thai baht (¥4,502,764,350) |
| Date of Establishment of the Subject Company | 17 January 2001 |
| Net Sales of the Subject Company | ¥361,237 million (fiscal year ended December 2025) |
| Net Income of the Subject Company | ¥39 million (fiscal year ended December 2025; net income attributable to owners of the parent) |
| Net Assets of the Subject Company | ¥75,175 million (fiscal year ended December 2025) |
| Number of shares acquired | 367,572,600 shares (number of voting rights: Not disclosed) |
| Voting rights ownership percentage | After 20.0％ (before not disclosed) |
| Impact on Business Performance | The impact on consolidated financial results is expected to be minor. |
| Execution Date / Effective Date | 4 June 2026 |
| Management structure after acquisition | The ownership ratio became 20.0%, and Siamgas became an equity-method affiliate of the Company. Changes to the trade name, representative, and treatment of employees: Not disclosed |
Items this document does not state (18)
Counterparty nameOperating Profit 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)Date of board resolutionContract 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.To expand the business in Asia's growing markets and enhance the corporate value of ミツウロコグループ. The target company's extensive business experience and competitive advantages in Asia were also cited as reasons.
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.