Komori
M&A and Subsidiary Changes8914Arealink Co.,Ltd.Real Estate

Notice Regarding the Results of the Tender Offer for Shares and Other Securities of 株式会社ストレージ王 (Securities Code: 2997) and a Change in Subsidiary Status

The tender offer for 株式会社ストレージ王 was successful, and a total equivalent to 1,630,384 shares was acquired, bringing the voting rights ownership ratio to 84.14%. 株式会社ストレージ王 is expected to become a consolidated subsidiary on 28 August 2026, with the future objective of acquiring all shares and delisting the company.

Worth reading
66In focus
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
2165
¥ million
Wording
Conditional
How definitive the wording is.

This transaction

This tender offer
Counterparty (target company)STORAGE-OH Co.,Ltd.
Disclosing companyArealink Co.,Ltd.
Voting rights ownership percentageNumber of shares acquired 1,584,384 common shares, 51 Series 1 Stock Acquisition Rights and 41 Series 2 Stock Acquisition Rights; 16,303 voting rights

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.

TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Planning, development, operation and management of container-type warehouses and self-storage facilities

Location Ichikawa, Chiba PrefectureShare capital ¥261 million (as of 31 January 2026)Date of incorporation May 2008
Net Sales¥3,999,797 thousand (fiscal year ended January 2026)
Operating profit¥191,468 thousand (fiscal year ended January 2026)
Net income for the current fiscal year¥117,120 thousand (fiscal year ended January 2026)
Net assets¥1,239,172 thousand (fiscal year ended January 2026)
Consideration and expenses
Acquisition price¥2,165 million
Type of ConsiderationCash
Tender offer price¥1,340 per common share; ¥550,000 per Series 1 Stock Acquisition Right; and ¥350,000 per Series 2 Stock Acquisition Right
Minimum number of shares to be purchased1,291,700 shares
Tender offer periodFrom 9 July 2026 to 21 August 2026 (30 business days)
Impact on Business Performance

Currently under review. If it becomes necessary to revise the earnings forecast or if any matter requiring public disclosure arises, the company plans to disclose it promptly.

This transaction
ItemDetails
Transaction nameThis tender offer
Counterparty nameSTORAGE-OH Co.,Ltd.
Name of the Subject CompanySTORAGE-OH Co.,Ltd.
Business Description of the Subject CompanyPlanning, development, operation and management of container-type warehouses and self-storage facilities
Location of the Subject CompanyIchikawa, Chiba Prefecture
Capital Stock of the Subject Company¥261 million (as of 31 January 2026)
Date of Establishment of the Subject CompanyMay 2008
Net Sales of the Subject Company¥3,999,797 thousand (fiscal year ended January 2026)
Operating Profit of the Subject Company¥191,468 thousand (fiscal year ended January 2026)
Net Income of the Subject Company¥117,120 thousand (fiscal year ended January 2026)
Net Assets of the Subject Company¥1,239,172 thousand (fiscal year ended January 2026)
Acquisition price¥2,165 million
Type of ConsiderationCash
Tender offer price¥1,340 per common share; ¥550,000 per Series 1 Stock Acquisition Right; and ¥350,000 per Series 2 Stock Acquisition Right
Minimum number of shares to be purchased1,291,700 shares
Tender offer periodFrom 9 July 2026 to 21 August 2026 (30 business days)
Number of shares acquired1,584,384 common shares, 51 Series 1 Stock Acquisition Rights and 41 Series 2 Stock Acquisition Rights; 16,303 voting rights
Voting rights ownership percentageBefore ―% → after 84.14%
Impact on Business PerformanceCurrently under review. If it becomes necessary to revise the earnings forecast or if any matter requiring public disclosure arises, the company plans to disclose it promptly.
Date of board resolution8 July 2026
Execution Date / Effective Date28 August 2026 (scheduled; the date on which settlement of this tender offer is scheduled to begin)
Items this document does not state (11)
Expenses other than the acquisition priceMerger ratio/share exchange ratioFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent 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 primary objective is to make the target company a wholly owned subsidiary of the tender offeror.

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 Results of the Tender Offer for Shares and Other Securities of 株式会社ストレージ王 (Securities Code: 2997) and a Change in Subsidiary Status | Arealink Co.,Ltd. (8914) timely disclosure | Komori