Worth reading
36Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.This transaction
Dissolution and liquidation of a consolidated subsidiaryDisclosing companyAzuma Shipping Co.,Ltd.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
General freight motor vehicle transportation business
Location 3-7-2 Sakurada, Sakura-ku, Saitama, Saitama PrefectureShare capital ¥30 millionDate of incorporation 13 June 1972
Net Sales¥492 million (fiscal year ended March 2026)
Operating profit¥3 million (fiscal year ended March 2026)
Net income for the current fiscal year¥9 million (fiscal year ending March 2026)
Net assetsNegative ¥38 million (fiscal year ended March 2026)
Impact on Business Performance
The impact on our consolidated results for the fiscal year ending March 2027 will be immaterial.
Procedures and assumptions
Conditions Precedent to ExecutionApproval of the dissolution at an extraordinary general meeting of shareholders of the subsidiary and completion of the required procedures under applicable laws and regulations
Management structure after acquisitionWe plan to transfer the transport operations that can be continued among the subsidiary's transport operations to a group company.
| Item | Details |
|---|---|
| Transaction name | Dissolution and liquidation of a consolidated subsidiary |
| Name of the Subject Company | 関東エアーカーゴ株式会社 |
| Business Description of the Subject Company | General freight motor vehicle transportation business |
| Location of the Subject Company | 3-7-2 Sakurada, Sakura-ku, Saitama, Saitama Prefecture |
| Capital Stock of the Subject Company | ¥30 million |
| Date of Establishment of the Subject Company | 13 June 1972 |
| Net Sales of the Subject Company | ¥492 million (fiscal year ended March 2026) |
| Operating Profit of the Subject Company | ¥3 million (fiscal year ended March 2026) |
| Net Income of the Subject Company | ¥9 million (fiscal year ending March 2026) |
| Net Assets of the Subject Company | Negative ¥38 million (fiscal year ended March 2026) |
| Voting rights ownership percentage | Before 100％ (after not disclosed) |
| Impact on Business Performance | The impact on our consolidated results for the fiscal year ending March 2027 will be immaterial. |
| Date of board resolution | 29 September 2026 |
| Execution Date / Effective Date | Dissolution date: 30 September 2026 (scheduled); completion of liquidation: around May 2027 (scheduled) |
| Conditions Precedent to Execution | Approval of the dissolution at an extraordinary general meeting of shareholders of the subsidiary and completion of the required procedures under applicable laws and regulations |
| Management structure after acquisition | We plan to transfer the transport operations that can be continued among the subsidiary's transport operations to a group company. |
Items this document does not state (16)
Counterparty nameAcquisition 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 Committee
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.This is intended to optimize the allocation of management resources and improve management efficiency, as it remains difficult to secure stable earnings due to driver shortages and rising fuel and vehicle-related costs.
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.