Komori
M&A and Subsidiary Changes8772ASAX CO.,LTD.Financials (excluding banks)

Notice Regarding a Capital Increase by a Subsidiary (Becoming a Specified Subsidiary)

当社が米国子会社ASAX America,Inc.の増資7,400,000USDを引き受け、同社の資本金を7,500,000USDに増加させる。増資後も当社の出資比率は100%で、同社は特定子会社となる。

Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
7400000
USD(増資金額)
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

This capital increase
CounterpartyASAX CO.,LTD.
Disclosing companyASAX CO.,LTD.
ASAX America,IncVoting rights ownership percentage

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.1 day from 決議 to 実行.White points represent dates designated as scheduled dates in the document.
Target company

不動産の売買及び賃貸

Location California, United StatesShare capital 100,000USD(増資前)、7,500,000USD(増資後)Date of incorporation 2023 年5月
Consideration and expenses
Acquisition price7,400,000USD(増資金額)
Impact on Business Performance

本件が当社の業績に与える影響は、将来的には一定の成果が見込まれるものと考えておりますが、現段階では軽微なものと見込んでおります。今後開示すべき事項が生じた場合には速やかに開示いたします。

Procedures and assumptions
Management structure after acquisitionPresident:草間 雄介。当社取締役1名が当該会社の取締役を兼任。商号変更及び従業員の処遇はNot disclosed
This transaction
ItemDetails
Transaction nameThis capital increase
Counterparty nameASAX CO.,LTD.
Name of the Subject CompanyASAX America,Inc
Business Description of the Subject Company不動産の売買及び賃貸
Location of the Subject CompanyCalifornia, United States
Capital Stock of the Subject Company100,000USD(増資前)、7,500,000USD(増資後)
Date of Establishment of the Subject Company2023 年5月
Acquisition price7,400,000USD(増資金額)
Voting rights ownership percentageBefore 100% → after 100%
Impact on Business Performance本件が当社の業績に与える影響は、将来的には一定の成果が見込まれるものと考えておりますが、現段階では軽微なものと見込んでおります。今後開示すべき事項が生じた場合には速やかに開示いたします。
Date of board resolution2023 年 11 月 29 日
Execution Date / Effective Date2023 年 11 月 30 日(予定)
Management structure after acquisitionPresident:草間 雄介。当社取締役1名が当該会社の取締役を兼任。商号変更及び従業員の処遇はNot disclosed
Items this document does not state (19)
Net 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 acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract 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.

米国で不動産事業を行う子会社が、賃貸用不動産の取得などに必要とする資金を確保するため。

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 a Capital Increase by a Subsidiary (Becoming a Specified Subsidiary) | ASAX CO.,LTD. (8772) timely disclosure | Komori