Worth reading
51Recurring
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
200
¥ millionWording
Conditional
How definitive the wording is.This transaction
This transferCounterparty日本ハウズイング株式会社
Disclosing companyWADAKOHSAN CORPORATION
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Primarily engaged in management services
Location Amagasaki, Hyogo Prefecture
Consideration and expenses
Acquisition price¥200 million (transfer price)
Amount of extraordinary income (loss)A gain on the sale of shares in an affiliate will be recognized as extraordinary income. The amount is Not disclosed, and the gain will be recognized in the fiscal year ending February 2027.
Impact on Business Performance
The impact on the Company's results for the fiscal year ending February 2027 is immaterial.
Procedures and assumptions
Management structure after acquisitionThe Company will continue to maintain the good cooperative relationship among the three companies as before and work to ensure that business synergies with the Company continue to be generated.
| Item | Details |
|---|---|
| Transaction name | This transfer |
| Counterparty name | 日本ハウズイング株式会社 |
| Name of the Subject Company | 晴耕雨耕株式会社 |
| Business Description of the Subject Company | Primarily engaged in management services |
| Location of the Subject Company | Amagasaki, Hyogo Prefecture |
| Acquisition price | ¥200 million (transfer price) |
| Number of shares acquired | 100 shares (number of shares transferred; number of voting rights: Not disclosed) |
| Voting rights ownership percentage | Before One-third (100 shares/300 shares) (after not disclosed) |
| Amount of extraordinary income (loss) | A gain on the sale of shares in an affiliate will be recognized as extraordinary income. The amount is Not disclosed, and the gain will be recognized in the fiscal year ending February 2027. |
| Impact on Business Performance | The impact on the Company's results for the fiscal year ending February 2027 is immaterial. |
| Date of board resolution | 24 April 2026 |
| Execution Date / Effective Date | 1 July 2026 (the share transfer was completed as of today) |
| Management structure after acquisition | The Company will continue to maintain the good cooperative relationship among the three companies as before and work to ensure that business synergies with the Company continue to be generated. |
Items this document does not state (19)
Capital 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 priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountContract 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.After considering a purchase proposal from 日本ハウズイング, the Company determined that the transfer price was generally appropriate and that the transfer would allow it to further promote "coexistence" with all stakeholders, including the local community. The Company intends to maintain the cooperative relationship and business synergies among the three companies after the transfer.
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.