Worth reading
40Recurring
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
70000
Tsubo (just under 30% of the total floor area of the Company's domestic warehouses)Wording
Conditional
How definitive the wording is.This transaction
Company split (simplified absorption-type company split)Counterparty (target company)サンキュウアセットマネジメント株式会社
Disclosing companySANKYU INC.
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
Property management
Location Chuo-ku, TokyoShare capital ¥100 millionDate of incorporation 1 July 2026
Net Sales— (established on 1 July 2026; no financial results for the immediately preceding fiscal year)
Operating profit— (established on 1 July 2026; no financial results for the immediately preceding fiscal year)
Net income for the current fiscal year— (established on 1 July 2026; no financial results for the immediately preceding fiscal year)
Net assets¥100 million (as of its establishment on 1 July 2026)
Consideration and expenses
Acquisition priceCompany split without consideration (no shares, cash or other assets will be allotted or paid by the successor company)
Type of ConsiderationNone (no cash, shares or other assets will be paid or delivered)
Impact on Business Performance
The impact on the Company's consolidated results is expected to be immaterial.
Procedures and assumptions
Conditions Precedent to ExecutionAs this qualifies as a simplified absorption-type company split, the absorption-type company split agreement will not be submitted for approval at a shareholders' meeting.
Management structure after acquisitionFollowing this company split, there will be no changes to the corporate names, business activities, head offices, representatives, capital or fiscal year-end of SANKYU INC. or サンキュウアセットマネジメント株式会社.
| Item | Details |
|---|---|
| Transaction name | Company split (simplified absorption-type company split) |
| Counterparty name | サンキュウアセットマネジメント株式会社 |
| Name of the Subject Company | サンキュウアセットマネジメント株式会社 |
| Business Description of the Subject Company | Property management |
| Location of the Subject Company | Chuo-ku, Tokyo |
| Capital Stock of the Subject Company | ¥100 million |
| Date of Establishment of the Subject Company | 1 July 2026 |
| Net Sales of the Subject Company | — (established on 1 July 2026; no financial results for the immediately preceding fiscal year) |
| Operating Profit of the Subject Company | — (established on 1 July 2026; no financial results for the immediately preceding fiscal year) |
| Net Income of the Subject Company | — (established on 1 July 2026; no financial results for the immediately preceding fiscal year) |
| Net Assets of the Subject Company | ¥100 million (as of its establishment on 1 July 2026) |
| Acquisition price | Company split without consideration (no shares, cash or other assets will be allotted or paid by the successor company) |
| Type of Consideration | None (no cash, shares or other assets will be paid or delivered) |
| Voting rights ownership percentage | Before 100% → after 100% |
| Impact on Business Performance | The impact on the Company's consolidated results is expected to be immaterial. |
| Date of board resolution | 31 July 2026 |
| Contract Date | 31 July 2026 |
| Execution Date / Effective Date | 1 October 2026 (scheduled) |
| Conditions Precedent to Execution | As this qualifies as a simplified absorption-type company split, the absorption-type company split agreement will not be submitted for approval at a shareholders' meeting. |
| Management structure after acquisition | Following this company split, there will be no changes to the corporate names, business activities, head offices, representatives, capital or fiscal year-end of SANKYU INC. or サンキュウアセットマネジメント株式会社. |
Items this document does not state (12)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial Committee
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 transfer is intended to improve the profitability of the warehouse business and enhance the efficiency of logistics assets by transferring the real estate business to a subsidiary. The Company states that this will be carried out as part of the measures under its medium-term management plan.
How to read this page
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