Worth reading
41Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
21
LocationWording
Conditional
How definitive the wording is.This transaction
Name of transactionCounterpartyName of counterparty: Summit株式会社
Disclosing companySHIMAMURA Co.,Ltd.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Business of the target company: Coromo Pia apparel business
Consideration and expenses
Acquisition priceAcquisition price: Not disclosed following discussions with the transferor company
Impact on Business Performance
Impact on results: The impact on the company's consolidated results for the fiscal year ending February 2027 is expected to be immaterial.
Procedures and assumptions
Conditions Precedent to ExecutionConditions precedent to execution: Completion of the filing with the Japan Fair Trade Commission and all other procedures and approvals required under applicable laws and regulations for the acquisition of this business
Management structure after acquisitionPost-acquisition management structure: The target stores are scheduled to be operated as SHIMAMURA stores after execution of the acquisition.
| Item | Details |
|---|---|
| Transaction name | Name of transaction |
| Counterparty name | Name of counterparty: Summit株式会社 |
| Business Description of the Subject Company | Business of the target company: Coromo Pia apparel business |
| Acquisition price | Acquisition price: Not disclosed following discussions with the transferor company |
| Impact on Business Performance | Impact on results: The impact on the company's consolidated results for the fiscal year ending February 2027 is expected to be immaterial. |
| Date of board resolution | Agreement date: 6 September 2026 |
| Contract Date | Agreement date: 6 September 2026 |
| Execution Date / Effective Date | Execution date/effective date: Scheduled to begin in January 2027 or later and be completed in March 2027 |
| Conditions Precedent to Execution | Conditions precedent to execution: Completion of the filing with the Japan Fair Trade Commission and all other procedures and approvals required under applicable laws and regulations for the acquisition of this business |
| Management structure after acquisition | Post-acquisition management structure: The target stores are scheduled to be operated as SHIMAMURA stores after execution of the acquisition. |
Items this document does not state (22)
Name 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 CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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.The company determined that the stores have useful locations and established points of contact with local customers, and that taking over the business foundation and leveraging the company's product supply and sales capabilities will improve convenience for local customers, align with its growth strategy, and contribute to enhancing corporate value over the medium to long term.
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.