Komori
M&A and Subsidiary Changes9265YAMASHITA HEALTH CARE HOLDINGS,INC.Trading & Wholesale

Notice regarding the acquisition of shares in Microsonic Co., Ltd. and its conversion into a subsidiary

Yamashita Healthcare Holdings acquired 600 shares of Microsonic for ¥19 million, increasing its ownership ratio from 36.8% to 100% and making the company a wholly owned subsidiary. The agreement was signed on 31 May 2024, and the share transfer was scheduled for 14 June 2024.

Worth reading
61In focus
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
19
¥ million (acquisition price)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares and conversion into a subsidiary
Counterparty入江喬介
Disclosing companyYAMASHITA HEALTH CARE HOLDINGS,INC.
Microsonic CorporationVoting rights ownership percentageNumber of shares acquired 600 shares (600 voting rights)

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.15 days from 決議 to 実行.White points represent dates designated as scheduled dates in the document.
Target company

・医用超音波に関する受託研究、開発 ・超音波を用いた医療用機器、周辺機器の開発および販売 ・コンサルティング(医用超音波関連)

Location Kokubunji, TokyoShare capital ¥30 millionDate of incorporation June 2000
Net Sales37百万円(2023年3月期)
Operating profit△39百万円(2023年3月期)
Net income for the current fiscal year△38百万円(2023年3月期)
Net assets2百万円(2023年3月期)
Consideration and expenses
Acquisition price¥19 million
Impact on Business Performance

Immaterial

This transaction
ItemDetails
Transaction nameAcquisition of shares and conversion into a subsidiary
Counterparty name入江喬介
Name of the Subject CompanyMicrosonic Corporation
Business Description of the Subject Company・医用超音波に関する受託研究、開発 ・超音波を用いた医療用機器、周辺機器の開発および販売 ・コンサルティング(医用超音波関連)
Location of the Subject CompanyKokubunji, Tokyo
Capital Stock of the Subject Company¥30 million
Date of Establishment of the Subject CompanyJune 2000
Net Sales of the Subject Company37百万円(2023年3月期)
Operating Profit of the Subject Company△39百万円(2023年3月期)
Net Income of the Subject Company△38百万円(2023年3月期)
Net Assets of the Subject Company2百万円(2023年3月期)
Acquisition price¥19 million
Number of shares acquired600 shares (600 voting rights)
Voting rights ownership percentageBefore 36.8% → after 100%
Impact on Business PerformanceImmaterial
Date of board resolution2024年5月30日
Contract Date2024年5月31日(予定)
Execution Date / Effective Date2024年6月14日(予定)
Items this document does not state (14)
Expenses other than the acquisition priceType 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.

マイクロソニックが独自の超音波技術・知財を有し、乳がん検査デバイスの開発を進めているため、その技術を取り込んで製造・販売分野の事業展開を加速し、グループ各社とのシナジー、事業領域の拡大、グループ機能の強化を図るとしている。一方、対象会社は直近3期連続で営業赤字・当期純赤字となっている。

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 Microsonic Co., Ltd. and its conversion into a subsidiary | YAMASHITA HEALTH CARE HOLDINGS,INC. (9265) timely disclosure | Komori