Worth reading
19Immaterial
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
10.07
Voting rights ownership ratio (%)Wording
Conditional
How definitive the wording is.This transaction
This acquisition (the treasury share disposal through a third-party allotment, ToSTNeT-1 transaction, and market purchases)CounterpartyTOYO DENKI SEIZO K.K.(TOYO ELECTRIC MFG.CO.,LTD.), Existing shareholders (names undisclosed)
Disclosing companyEast Japan Railway Company
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.
| Item | Details |
|---|---|
| Transaction name | This acquisition (the treasury share disposal through a third-party allotment, ToSTNeT-1 transaction, and market purchases) |
| Counterparty name | TOYO DENKI SEIZO K.K.(TOYO ELECTRIC MFG.CO.,LTD.), Existing shareholders (names undisclosed) |
| Name of the Subject Company | TOYO DENKI SEIZO K.K.(TOYO ELECTRIC MFG.CO.,LTD.) |
| Number of shares acquired | 973,500 shares (number of voting rights not stated) |
| Voting rights ownership percentage | After 10.07% (before not disclosed) |
| Date of board resolution | 15 July 2026 |
| Execution Date / Effective Date | ToSTNeT-1 transaction: 21 July 2026; treasury share disposal: scheduled for 6 August 2026; market purchases: scheduled from 16 July 2026 to 18 August 2026 |
Items this document does not state (25)
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 CompanyAcquisition priceExpenses 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)Impact on Business PerformanceContract 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 company stated that it is making this disclosure because the acquisition constitutes a share accumulation transaction prescribed by Cabinet Order as an act equivalent to a tender offer under the Financial Instruments and Exchange Act. No business purpose for the share acquisition was stated.
How to read this page
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