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M&A and Subsidiary Changes9028ZERO CO.,LTD.Transportation and Logistics

Notice Regarding the Acquisition of Shares in Auto Carrier(Thailand) Co., Ltd. and Its Conversion into a Subsidiary

ZERO CO.,LTD. plans to acquire shares in Auto Carrier(Thailand) Co., Ltd. from Mitsui O.S.K.Lines,Ltd. and MOL MANAGEMENT(THAILAND) CO., LTD., making it a consolidated subsidiary with a 74% voting rights ownership ratio. The share transfer is scheduled to be completed on 10 April 2026.

Worth reading
34Immaterial
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
74
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares and conversion into a subsidiary
CounterpartyMitsui O.S.K.Lines,Ltd., MOL MANAGEMENT(THAILAND) CO., LTD.
Disclosing companyZERO CO.,LTD.
Auto Carrier(Thailand) Co., Ltd.Voting rights ownership percentage

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.

Execution Date / Effective Date10 April 2026 (scheduled)
Target company

Automobile transportation, seed testing, PDI and other businesses

Location Bangkok, ThailandShare capital THB 18 millionDate of incorporation September 1998
This transaction
ItemDetails
Transaction nameAcquisition of shares and conversion into a subsidiary
Counterparty nameMitsui O.S.K.Lines,Ltd., MOL MANAGEMENT(THAILAND) CO., LTD.
Name of the Subject CompanyAuto Carrier(Thailand) Co., Ltd.
Business Description of the Subject CompanyAutomobile transportation, seed testing, PDI and other businesses
Location of the Subject CompanyBangkok, Thailand
Capital Stock of the Subject CompanyTHB 18 million
Date of Establishment of the Subject CompanySeptember 1998
Voting rights ownership percentageAfter 74% (before not disclosed)
Execution Date / Effective Date10 April 2026 (scheduled)
Items this document does not state (23)
Net 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 periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionContract 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 acquisition will bring into the Group Auto Carrier(Thailand)'s operational and customer bases in Thailand, including vehicle transportation, seed testing and PDI, enabling it to create synergies by leveraging the Company's expertise in vehicle transportation and related businesses and further expand its overseas operations.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Acquisition of Shares in Auto Carrier(Thailand) Co., Ltd. and Its Conversion into a Subsidiary | ZERO CO.,LTD. (9028) timely disclosure | Komori