Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
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How definitive the wording is.This transaction
Acquisition of Business and Business AllianceCounterpartyIWATANI CORPORATION, 岩谷設備システム株式会社
Disclosing companySumasapo Inc.
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
The business of providing repair and after-sales maintenance services for detached houses previously sold under the Iwatani House brand, as well as undertaking other construction work
Net SalesNot disclosed pursuant to a confidentiality agreement with the counterparty.
Operating profitNot disclosed pursuant to a confidentiality agreement with the counterparty.
Net income for the current fiscal yearNot disclosed pursuant to a confidentiality agreement with the counterparty.
Consideration and expenses
Acquisition priceWill not be disclosed pursuant to a confidentiality agreement with the counterparty.
Type of ConsiderationCash
Goodwill amountThe allocation of the acquisition cost and the amortization periods for goodwill and intangible assets are currently under review.
Goodwill is the amount paid in excess of the acquired company's net assets.Impact on Business Performance
The impact of this transaction on results for the fiscal year ending September 2026 is currently under review, but is expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | Acquisition of Business and Business Alliance |
| Counterparty name | IWATANI CORPORATION, 岩谷設備システム株式会社 |
| Business Description of the Subject Company | The business of providing repair and after-sales maintenance services for detached houses previously sold under the Iwatani House brand, as well as undertaking other construction work |
| Net Sales of the Subject Company | Not disclosed pursuant to a confidentiality agreement with the counterparty. |
| Operating Profit of the Subject Company | Not disclosed pursuant to a confidentiality agreement with the counterparty. |
| Net Income of the Subject Company | Not disclosed pursuant to a confidentiality agreement with the counterparty. |
| Acquisition price | Will not be disclosed pursuant to a confidentiality agreement with the counterparty. |
| Type of Consideration | Cash |
| Goodwill amount | The allocation of the acquisition cost and the amortization periods for goodwill and intangible assets are currently under review. |
| Impact on Business Performance | The impact of this transaction on results for the fiscal year ending September 2026 is currently under review, but is expected to be immaterial. |
| Date of board resolution | 18 June 2026 and 16 July 2026 |
| Contract Date | 4 July 2026 |
| Execution Date / Effective Date | 1 September 2026 (予定) |
Items this document does not state (19)
Name of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsAmount 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 Company aims to strengthen its service capabilities supporting the entire housing lifecycle by incorporating the customer base of existing-home owners, construction history data and maintenance expertise, and combining these with its digital technologies. Under the business alliance, the Company will use its customer network to propose IWATANI CORPORATION's lifestyle infrastructure services, with the aim of expanding revenue.
How to read this page
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