Worth reading
53Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
10
Approximately ¥100 million (extraordinary loss)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Name of transactionDisclosing companyDaiwa Co.,Ltd.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company
Hotel business
Location Kanazawa, Ishikawa PrefectureShare capital ¥80 millionDate of incorporation 12 September 1970
Net Sales¥1,236 million (fiscal year ended February 2026)
Operating profit¥9 million (fiscal year ended February 2026)
Net income for the current fiscal year(¥1,634 million) (fiscal year ended February 2026)
Net assets(¥2,348 million) (fiscal year ended February 2026)
Consideration and expenses
Acquisition priceNot disclosed because the transferee's consent has not been obtained
Type of ConsiderationCash
Amount of extraordinary income (loss)Extraordinary loss of approximately ¥1 billion (including loss on transfer of receivables), fiscal year ending February 2027
Impact on Business Performance
The Company expects to record an extraordinary loss of approximately ¥1 billion, including a loss on transfer of receivables, in its consolidated financial statements for the fiscal year ending February 2027. The amount of the impact on profit or loss is currently under review.
Procedures and assumptions
Valuation methodologyCalculated based on the results of due diligence
| Item | Details |
|---|---|
| Transaction name | Name of transaction |
| Name of the Subject Company | 株式会社金沢ニューグランドホテル |
| Business Description of the Subject Company | Hotel business |
| Location of the Subject Company | Kanazawa, Ishikawa Prefecture |
| Capital Stock of the Subject Company | ¥80 million |
| Date of Establishment of the Subject Company | 12 September 1970 |
| Net Sales of the Subject Company | ¥1,236 million (fiscal year ended February 2026) |
| Operating Profit of the Subject Company | ¥9 million (fiscal year ended February 2026) |
| Net Income of the Subject Company | (¥1,634 million) (fiscal year ended February 2026) |
| Net Assets of the Subject Company | (¥2,348 million) (fiscal year ended February 2026) |
| Acquisition price | Not disclosed because the transferee's consent has not been obtained |
| Type of Consideration | Cash |
| Number of shares acquired | 1,600,000 shares (representing all issued shares); number of voting rights: Not disclosed |
| Voting rights ownership percentage | Before 100.0% → after 0.0% |
| Amount of extraordinary income (loss) | Extraordinary loss of approximately ¥1 billion (including loss on transfer of receivables), fiscal year ending February 2027 |
| Impact on Business Performance | The Company expects to record an extraordinary loss of approximately ¥1 billion, including a loss on transfer of receivables, in its consolidated financial statements for the fiscal year ending February 2027. The amount of the impact on profit or loss is currently under review. |
| Date of board resolution | 1 September 2026 |
| Contract Date | 1 September 2026 |
| Execution Date / Effective Date | 1 October 2026 (予定) |
| Valuation methodology | Calculated based on the results of due diligence |
Items this document does not state (12)
Counterparty nameExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountIndependent 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 determined that the sustained growth and enhanced competitiveness of 金沢ニューグランドホテル require the expertise and business investment of an operator specializing in hotel management. The Company also intends to review its business portfolio and allocate management resources more efficiently.
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.