Komori
M&A and Subsidiary Changes9326KANTSU HD CO.,LTD.Transportation and Logistics

Notice of Establishment of an Overseas Subsidiary

The Company will establish a local subsidiary in Hawaii, United States, for the purpose of self-insuring against cyberattack risks. The new company will be wholly funded by the Company and is scheduled to be established on 1 June 2026.

Worth reading
25Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
1000000
US dollars
Wording
Conditional
How definitive the wording is.

This transaction

Establishment of overseas subsidiary
Disclosing companyKANTSU HD CO.,LTD.
K2 Continuity Re, Inc.Voting rights ownership percentage

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.

TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Location Hawaii, United StatesShare capital US$1,000,000Date of incorporation 1 June 2026 (scheduled)
Impact on Business Performance

The impact of this matter on the Company's consolidated results for the fiscal year ending February 2027 will be minor.

Procedures and assumptions
Management structure after acquisitionCorporate name: K2 Continuity Re, Inc.; Representative Director and President: Tatsushiro Toshitaka (達城 利卓); Shareholding structure: KANTSU HD CO.,LTD. 100%. Employee treatment: Not disclosed
This transaction
ItemDetails
Transaction nameEstablishment of overseas subsidiary
Name of the Subject CompanyK2 Continuity Re, Inc.
Location of the Subject CompanyHawaii, United States
Capital Stock of the Subject CompanyUS$1,000,000
Date of Establishment of the Subject Company1 June 2026 (scheduled)
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business PerformanceThe impact of this matter on the Company's consolidated results for the fiscal year ending February 2027 will be minor.
Date of board resolution10 April 2026
Execution Date / Effective Date1 June 2026 (scheduled)
Management structure after acquisitionCorporate name: K2 Continuity Re, Inc.; Representative Director and President: Tatsushiro Toshitaka (達城 利卓); Shareholding structure: KANTSU HD CO.,LTD. 100%. Employee treatment: Not disclosed
Items this document does not state (22)
Counterparty nameBusiness Description of the Subject CompanyNet Sales of the Subject CompanyOperating Profit 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 acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent 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 enhance risk management within the Company Group, strengthen its financial structure, and hedge cyberattack risks through self-insurance.

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 of Establishment of an Overseas Subsidiary | KANTSU HD CO.,LTD. (9326) timely disclosure | Komori