Komori
M&A and Subsidiary Changes9115Meiji Shipping Group Co.,Ltd.Transportation and Logistics

Notice Regarding the Acquisition of Fixed Assets

A consolidated subsidiary of the Company has decided to acquire 2 liquefied petroleum gas carriers equipped with liquefied petroleum gas dual-fuel engines. The acquisition is scheduled to take place from October to December 2027.

Worth reading
30Immaterial
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
30
More than 30% of consolidated net assets
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Acquisition of Fixed Assets
CounterpartyMOL ENERGIA PTE. LTD.
Disclosing companyMeiji Shipping Group Co.,Ltd.
Subject of this transaction
Execution Date / Effective DateOctober 2027 to December 2027 (scheduled)
Consideration and expenses
Acquisition priceNot disclosed due to contractual considerations
Impact on Business Performance

At this stage, the impact on the current consolidated fiscal year is expected to be immaterial. If the impact on operating results becomes apparent, or if any changes arise in the disclosed details of this matter, including the acquiring company, the Company will make a timely disclosure.

Procedures and assumptions
Valuation methodologyA fair and reasonable price determined by taking market prices and other factors into consideration
Management structure after acquisitionThe acquisition counterparty may become a wholly owned subsidiary of MOL ENERGIA PTE. LTD.
This transaction
ItemDetails
Transaction nameAcquisition of Fixed Assets
Counterparty nameMOL ENERGIA PTE. LTD.
Acquisition priceNot disclosed due to contractual considerations
Impact on Business PerformanceAt this stage, the impact on the current consolidated fiscal year is expected to be immaterial. If the impact on operating results becomes apparent, or if any changes arise in the disclosed details of this matter, including the acquiring company, the Company will make a timely disclosure.
Execution Date / Effective DateOctober 2027 to December 2027 (scheduled)
Valuation methodologyA fair and reasonable price determined by taking market prices and other factors into consideration
Management structure after acquisitionThe acquisition counterparty may become a wholly owned subsidiary of MOL ENERGIA PTE. LTD.
Items this document does not state (25)
Name of the Subject CompanyBusiness 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 CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateIndependent 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 strengthen the operating base by expanding the fleet

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.
Notice Regarding the Acquisition of Fixed Assets | Meiji Shipping Group Co.,Ltd. (9115) timely disclosure | Komori