Worth reading
60In focus
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
51
Voting rights ownership ratio (%) after the transactionWording
Conditional
How definitive the wording is.This transaction
This share deliveryCounterparty6 existing FEI shareholders (names and corporate names not disclosed)
Disclosing companyabc 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.
Consideration and expenses
Acquisition price764,235 of the Company's common shares (cash amount not disclosed)
Type of ConsiderationShares (764,235 of the Company's common shares)
Minimum number of shares to be purchased6,885 shares
Impact on Business Performance
The impact on consolidated results for the fiscal year ending August 2027 is currently under review.
Procedures and assumptions
Conditions Precedent to ExecutionThe number of shares acquired must be at least the minimum of 6,885 shares.
Management structure after acquisitionExcept that FEI became a subsidiary in which the Company holds 51% of the shares, Not disclosed
| Item | Details |
|---|---|
| Transaction name | This share delivery |
| Counterparty name | 6 existing FEI shareholders (names and corporate names not disclosed) |
| Name of the Subject Company | Far East Innovators Co., Ltd. |
| Acquisition price | 764,235 of the Company's common shares (cash amount not disclosed) |
| Type of Consideration | Shares (764,235 of the Company's common shares) |
| Minimum number of shares to be purchased | 6,885 shares |
| Number of shares acquired | 6,885 shares; number of voting rights Not disclosed |
| Voting rights ownership percentage | Before 0.0％ → after 51.00％ |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending August 2027 is currently under review. |
| Date of board resolution | 21 August 2026 |
| Execution Date / Effective Date | 11 September 2026 |
| Conditions Precedent to Execution | The number of shares acquired must be at least the minimum of 6,885 shares. |
| Management structure after acquisition | Except that FEI became a subsidiary in which the Company holds 51% of the shares, Not disclosed |
Items this document does not state (19)
Business Description 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 priceMerger ratio/share exchange ratioTender offer priceTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation 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 share delivery became effective because the number of FEI common shares acquired reached or exceeded the minimum acquisition threshold of 6,885 shares specified in the share delivery plan.
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.