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M&A and Subsidiary Changes9264Puequ CO.,LTD.Trading & Wholesale

Notice Regarding the Acquisition of Shares in Maruko Electric Technology Co., Ltd. (Making It a Subsidiary)

Puequ CO.,LTD. has decided to acquire all 200 issued shares of マルコ電機技術株式会社, making it a wholly owned subsidiary. The share acquisition price is ¥553.7 million, and the estimated total amount including advisory fees and other expenses is ¥587.7 million.

Worth reading
74In focus
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
587700
Thousand yen (approx.)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares in this transaction
CounterpartyMultiple individual shareholders (names and addresses not disclosed)
Disclosing companyPuequ CO.,LTD.
マルコ電機技術株式会社Voting rights ownership percentageNumber of shares acquired 200 shares (number of voting rights: Not disclosed)

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.White points represent dates designated as scheduled dates in the document.
Target company

On-site adjustment testing and modification of power receiving and transformation equipment; maintenance services, including relay testing and component replacement for power receiving and transformation equipment

Location Tatsuno, Hyogo PrefectureShare capital ¥10 millionDate of incorporation 21 August 1995
Net Sales¥210.835 million (fiscal year ended July 2025)
Operating profit¥40.059 million (fiscal year ended July 2025)
Net income for the current fiscal year¥29.027 million (fiscal year ended July 2025)
Net assets¥300.152 million (fiscal year ended July 2025)
Consideration and expenses
Acquisition priceShare acquisition price: ¥553.7 million
Expenses other than the acquisition priceAdvisory fees and other expenses (estimated): ¥34 million
Impact on Business Performance

The impact of this share acquisition on the Company's consolidated results for the fiscal year ending August 2026 is expected to be immaterial.

This transaction
ItemDetails
Transaction nameAcquisition of shares in this transaction
Counterparty nameMultiple individual shareholders (names and addresses not disclosed)
Name of the Subject Companyマルコ電機技術株式会社
Business Description of the Subject CompanyOn-site adjustment testing and modification of power receiving and transformation equipment; maintenance services, including relay testing and component replacement for power receiving and transformation equipment
Location of the Subject CompanyTatsuno, Hyogo Prefecture
Capital Stock of the Subject Company¥10 million
Date of Establishment of the Subject Company21 August 1995
Net Sales of the Subject Company¥210.835 million (fiscal year ended July 2025)
Operating Profit of the Subject Company¥40.059 million (fiscal year ended July 2025)
Net Income of the Subject Company¥29.027 million (fiscal year ended July 2025)
Net Assets of the Subject Company¥300.152 million (fiscal year ended July 2025)
Acquisition priceShare acquisition price: ¥553.7 million
Expenses other than the acquisition priceAdvisory fees and other expenses (estimated): ¥34 million
Number of shares acquired200 shares (number of voting rights: Not disclosed)
Voting rights ownership percentageBefore 0% → after 100%
Impact on Business PerformanceThe impact of this share acquisition on the Company's consolidated results for the fiscal year ending August 2026 is expected to be immaterial.
Date of board resolution15 June 2026
Contract Date15 June 2026
Execution Date / Effective Date31 July 2026 (予定)
Items this document does not state (13)
Type of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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.

The transaction is intended to incorporate マルコ電機技術's specialist expertise and customer base relating to power receiving and transformation equipment and strengthen the Puequ Group's social infrastructure-related business. The Group aims to increase its engineering workforce by leveraging its recruitment capabilities and employee training framework, thereby expanding order opportunities and creating business synergies with Group companies.

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 Shares in Maruko Electric Technology Co., Ltd. (Making It a Subsidiary) | Puequ CO.,LTD. (9264) timely disclosure | Komori