This transaction
Acquisition of shares and conversion into a subsidiaryThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Collection and transportation of construction-related industrial waste, primarily in Tokyo
The impact on the consolidated earnings forecast for the current fiscal year is expected to be minor.
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares and conversion into a subsidiary |
| Counterparty name | Izumi Masahiro (泉 昌弘), Izumi Hisao (泉 久雄) |
| Name of the Subject Company | 株式会社泉土木 |
| Business Description of the Subject Company | Collection and transportation of construction-related industrial waste, primarily in Tokyo |
| Location of the Subject Company | Edogawa City, Tokyo |
| Capital Stock of the Subject Company | ¥50 million |
| Date of Establishment of the Subject Company | October 1970 |
| Net Sales of the Subject Company | ¥2,262 million (fiscal year ended March 2026) |
| Operating Profit of the Subject Company | ¥70 million (fiscal year ended March 2026) |
| Net Income of the Subject Company | ¥48 million (fiscal year ended March 2026) |
| Net Assets of the Subject Company | ¥482 million (fiscal year ended March 2026) |
| Acquisition price | The acquisition price is not disclosed at the request of the counterparty. |
| Number of shares acquired | 100,000 shares (number of voting rights: 100,000) |
| Voting rights ownership percentage | Before 0％ → after 100％ |
| Impact on Business Performance | The impact on the consolidated earnings forecast for the current fiscal year is expected to be minor. |
| Contract Date | 17 August 2026 |
| Execution Date / Effective Date | 1 September 2026 (scheduled) |
| Valuation methodology | Based on the target company's fair value of net assets and other factors |
Items this document does not state (14)
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 is intended to strengthen the collection and transportation capacity for construction-related industrial waste in the Tokyo metropolitan area, improve operational efficiency and expand the business. The company also expects to leverage 泉土木's extensive experience and specialized personnel in large-scale projects, thereby expanding its market share and broadening and diversifying its business operations.