Notice Regarding the Release of a Supplementary Explanatory Video on the Acquisition of EC Business Company Kokusai Kampo Kenkyujo Co., Ltd., with Approximately ¥500 Million in Revenue and Approximately ¥20 Million in Operating Profit Following the Acquisition

A supplementary explanatory video has been released outlining the acquisition of 株式会社国際漢方研究所 as a subsidiary, including approximately ¥500 million in sales and approximately ¥20 million in post-acquisition operating profit. The main text does not provide details such as the acquisition method, consideration or completion date.

Worth reading

37Immaterial

Scored from 1 of 5 sections

Direction

Neutral

Direction inferred from the company’s description.

Scale

¥100 million (sales; post-acquisition operating profit of approximately ¥20 million)

Wording

Avoiding a definitive answer

How definitive the wording is.

This transaction

Making a Subsidiary

Disclosing companyUreru Net Advertising Group Co.,Ltd.

株式会社国際漢方研究所Subject of this transaction

Target company

E-commerce business company

Net SalesApproximately ¥500 million (fiscal year-end not stated)

Operating profitApproximately ¥20 million after acquisition (fiscal year-end not stated)

This transaction
Item	Details
Transaction name	Making a Subsidiary
Name of the Subject Company	株式会社国際漢方研究所
Business Description of the Subject Company	E-commerce business company
Net Sales of the Subject Company	Approximately ¥500 million (fiscal year-end not stated)
Operating Profit of the Subject Company	Approximately ¥20 million after acquisition (fiscal year-end not stated)

Items this document does not state (27)

Counterparty nameLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment 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 acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionContract DateExecution Date / Effective 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.

A supplementary explanatory video on the acquisition of 株式会社国際漢方研究所 as a subsidiary has been released.

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.