Komori
M&A and Subsidiary Changes8424Fuyo General Lease Co.,Ltd.Financials (excluding banks)

Notice Regarding the Acquisition of Shares in 双日商業開発株式会社, which Operates an Investment, Management and Value-Enhancement Business for Commercial Facilities

芙蓉総合リース acquired 50% of the issued shares of 双日商業開発株式会社 from Sojitz Corporation, making it an equity-method affiliate. 芙蓉総合リース and Sojitz Corporation will jointly pursue investments in and the management of commercial facilities as a joint venture.

Worth reading
31Immaterial
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
50
% (issued shares)
Wording
Conditional
How definitive the wording is.

This transaction

Share Acquisition
CounterpartySojitz Corporation
Disclosing companyFuyo General Lease Co.,Ltd.
双日商業開発株式会社Voting rights ownership percentageNumber of shares acquired 50% of the issued shares (number of shares and voting rights: Not disclosed)

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.

Target company

Investment in, management of and value-enhancement services for commercial facilities

Location Chuo-ku, TokyoShare capital ¥379 millionDate of incorporation September 2001
Impact on Business Performance

The impact of this transaction on the company's non-consolidated and consolidated results for the fiscal year ending March 2026 will be immaterial.

Procedures and assumptions
Management structure after acquisitionThe business will be jointly pursued as a joint venture with Sojitz Corporation, with the aim of enhancing the value of investment assets through collaboration with the commercial facility management and value-enhancement capabilities of 双日商業開発株式会社. The trade name, representative and treatment of employees: Not disclosed
This transaction
ItemDetails
Transaction nameShare Acquisition
Counterparty nameSojitz Corporation
Name of the Subject Company双日商業開発株式会社
Business Description of the Subject CompanyInvestment in, management of and value-enhancement services for commercial facilities
Location of the Subject CompanyChuo-ku, Tokyo
Capital Stock of the Subject Company¥379 million
Date of Establishment of the Subject CompanySeptember 2001
Number of shares acquired50% of the issued shares (number of shares and voting rights: Not disclosed)
Voting rights ownership percentageAfter 50% (before not disclosed)
Impact on Business PerformanceThe impact of this transaction on the company's non-consolidated and consolidated results for the fiscal year ending March 2026 will be immaterial.
Management structure after acquisitionThe business will be jointly pursued as a joint venture with Sojitz Corporation, with the aim of enhancing the value of investment assets through collaboration with the commercial facility management and value-enhancement capabilities of 双日商業開発株式会社. The trade name, representative and treatment of employees: Not disclosed
Items this document does not state (21)
Net 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)Date of board resolutionContract DateExecution Date / Effective 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.

The acquisition is intended to expand investment opportunities in the commercial facilities sector and secure stable investment returns. The company also plans to enhance the value of its investment assets by working with 双日商業開発株式会社's management and value-enhancement capabilities.

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 Acquisition of Shares in 双日商業開発株式会社, which Operates an Investment, Management and Value-Enhancement Business for Commercial Facilities | Fuyo General Lease Co.,Ltd. (8424) timely disclosure | Komori