Worth reading
67In focus
Scored from 3 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
240
¥ millionWording
Avoiding a definitive answer
How definitive the wording is.This transaction
Making KICホールディングス株式会社 a subsidiaryDisclosing companyJapan Asia Investment Company,Limited
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Execution Date / Effective DateAs of 31 March 2026, 60% was acquired and the company was made a subsidiary. Additional shares will be acquired on 7 April 2026, making it a wholly owned subsidiary
Target company
Development of logistics facilities and data center facilities
Location Chiyoda-ku, Tokyo
Consideration and expenses
Amount of extraordinary income (loss)Additional gain on step acquisition of approximately ¥240 million, for a total of approximately ¥370 million. Expected to be recorded in the fiscal year ending March 2026
Impact on Business Performance
In the consolidated financial results for the fiscal year ending March 2026, an additional gain on step acquisition of approximately ¥240 million is expected to be recorded. The impact on other near-term results is currently unknown
Procedures and assumptions
Management structure after acquisitionKICホールディングス株式会社 will become a wholly owned subsidiary. The corporate name, representative and treatment of employees: not disclosed
| Item | Details |
|---|---|
| Transaction name | Making KICホールディングス株式会社 a subsidiary |
| Name of the Subject Company | KICホールディングス株式会社 |
| Business Description of the Subject Company | Development of logistics facilities and data center facilities |
| Location of the Subject Company | Chiyoda-ku, Tokyo |
| Number of shares acquired | Acquired 60% of the issued shares. Number of shares and voting rights: not disclosed |
| Voting rights ownership percentage | Before 60% → after 100% |
| Amount of extraordinary income (loss) | Additional gain on step acquisition of approximately ¥240 million, for a total of approximately ¥370 million. Expected to be recorded in the fiscal year ending March 2026 |
| Impact on Business Performance | In the consolidated financial results for the fiscal year ending March 2026, an additional gain on step acquisition of approximately ¥240 million is expected to be recorded. The impact on other near-term results is currently unknown |
| Execution Date / Effective Date | As of 31 March 2026, 60% was acquired and the company was made a subsidiary. Additional shares will be acquired on 7 April 2026, making it a wholly owned subsidiary |
| Management structure after acquisition | KICホールディングス株式会社 will become a wholly owned subsidiary. The corporate name, representative and treatment of employees: not disclosed |
Items this document does not state (22)
Counterparty nameCapital 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 amountDate 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.The review of the accounting treatment for the fund operated by a subsidiary of KICホールディングス has been completed. As the fund became a consolidated subsidiary of the Company, an additional gain on step acquisition is expected to arise.
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.