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M&A and Subsidiary Changes9009Keisei Electric Railway Co.,Ltd.Transportation and Logistics

Notice Regarding the Acquisition of Shares in Chiba Nisseki Co., Ltd. (Making It a Subsidiary)

Keisei Electric Railway decided to acquire all shares in 千葉日石株式会社, which sells petroleum products and operates service stations, making it a subsidiary. Following the acquisition, its voting rights ownership ratio will be 100.0%.

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This transaction

Acquisition of shares in this transaction
CounterpartyNagano Yoichi (長野陽一), Nagano Junko (長野純子), Shiokawa Noriko (塩川紀子), Other shareholders
Disclosing companyKeisei Electric Railway Co.,Ltd.
千葉日石株式会社Voting rights ownership percentageNumber of shares acquired 58,899 shares (voting rights: 58,899)

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.
Target company

Sale of petroleum products, operation of service stations (SS), automotive maintenance and related businesses

Location Funabashi, Chiba PrefectureShare capital ¥30 millionDate of incorporation 26 June 1956
Net Sales¥17,806 million (fiscal year ended June 2026)
Operating profit¥233 million (fiscal year ended June 2026)
Net income for the current fiscal year¥234 million (fiscal year ended June 2026)
Net assets¥2,977 million (fiscal year ended June 2026)
Consideration and expenses
Acquisition priceNot disclosed pursuant to a confidentiality agreement with the counterparties
Impact on Business Performance

The impact of the acquisition on the company's consolidated results is currently under review. If it becomes necessary to revise the earnings forecast or any matter requiring disclosure arises, the company will disclose it promptly.

Procedures and assumptions
Valuation methodologyDetermined appropriately based on the results of due diligence conducted by a third party
This transaction
ItemDetails
Transaction nameAcquisition of shares in this transaction
Counterparty nameNagano Yoichi (長野陽一), Nagano Junko (長野純子), Shiokawa Noriko (塩川紀子), Other shareholders
Name of the Subject Company千葉日石株式会社
Business Description of the Subject CompanySale of petroleum products, operation of service stations (SS), automotive maintenance and related businesses
Location of the Subject CompanyFunabashi, Chiba Prefecture
Capital Stock of the Subject Company¥30 million
Date of Establishment of the Subject Company26 June 1956
Net Sales of the Subject Company¥17,806 million (fiscal year ended June 2026)
Operating Profit of the Subject Company¥233 million (fiscal year ended June 2026)
Net Income of the Subject Company¥234 million (fiscal year ended June 2026)
Net Assets of the Subject Company¥2,977 million (fiscal year ended June 2026)
Acquisition priceNot disclosed pursuant to a confidentiality agreement with the counterparties
Number of shares acquired58,899 shares (voting rights: 58,899)
Voting rights ownership percentageBefore 0.0% → after 100.0%
Impact on Business PerformanceThe impact of the acquisition on the company's consolidated results is currently under review. If it becomes necessary to revise the earnings forecast or any matter requiring disclosure arises, the company will disclose it promptly.
Contract Date24 September 2026
Execution Date / Effective Date1 October 2026 (scheduled)
Valuation methodologyDetermined appropriately based on the results of due diligence conducted by a third party
Items this document does not state (14)
Expenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionIndependent 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.

To ensure the stable procurement and supply of fuel, strengthen businesses that address the needs of people living in the company's operating areas, promote collaboration between 千葉日石株式会社's automotive maintenance business and the company's group companies, and enhance corporate value over the medium to long term by combining the assets of both companies.

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Notice Regarding the Acquisition of Shares in Chiba Nisseki Co., Ltd. (Making It a Subsidiary) | Keisei Electric Railway Co.,Ltd. (9009) timely disclosure | Komori