Worth reading
55In focus
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
5391
SharesWording
Conditional
How definitive the wording is.This transaction
Name of transactionCounterpartyName of counterparty, Name of counterparty
Disclosing companyKintetsu Group Holdings Co.,Ltd.
Contract Date23 October 2026
Execution Date / Effective DateExecution date and effective date
Target company
Business description of the companies concerned
Location Address of the companies concernedShare capital Capital of the companies concernedDate of incorporation Date of establishment of the companies concerned
Net income for the current fiscal yearNet income of the companies concerned
Net assetsNet assets of the companies concerned
Consideration and expenses
Type of ConsiderationType of consideration
Impact on Business Performance
Impact on financial results
Procedures and assumptions
Management structure after acquisitionThere will be no changes to the names, addresses, titles and names of representatives, principal businesses, capital or fiscal year-end dates of the parties to this absorption-type company split. The lease and sublease relationship between 近鉄不動産株式会社 and 株式会社近鉄・都ホテルズ in the hotel leasing business will be extinguished by confusion, and ownership, management and operations are expected to become integrated.
| Item | Details |
|---|---|
| Transaction name | Name of transaction |
| Counterparty name | Name of counterparty, Name of counterparty |
| Business Description of the Subject Company | Business description of the companies concerned |
| Location of the Subject Company | Address of the companies concerned |
| Capital Stock of the Subject Company | Capital of the companies concerned |
| Date of Establishment of the Subject Company | Date of establishment of the companies concerned |
| Net Income of the Subject Company | Net income of the companies concerned |
| Net Assets of the Subject Company | Net assets of the companies concerned |
| Type of Consideration | Type of consideration |
| Number of shares acquired | Number of shares acquired |
| Voting rights ownership percentage | Before 100% (shareholding ratio of 近鉄グループホールディングス株式会社) (after not disclosed) |
| Impact on Business Performance | Impact on financial results |
| Contract Date | 23 October 2026 |
| Execution Date / Effective Date | Execution date and effective date |
| Management structure after acquisition | There will be no changes to the names, addresses, titles and names of representatives, principal businesses, capital or fiscal year-end dates of the parties to this absorption-type company split. The lease and sublease relationship between 近鉄不動産株式会社 and 株式会社近鉄・都ホテルズ in the hotel leasing business will be extinguished by confusion, and ownership, management and operations are expected to become integrated. |
Items this document does not state (17)
Name of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyAcquisition priceExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionValuation 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.To consolidate the hotel business within 株式会社近鉄・都ホテルズ, enabling an integrated approach to hotel ownership, management and operations, responding nimbly to market changes and maximizing the value of hotel assets.
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.