Worth reading
64In focus
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
269
¥ millions (approximate acquisition price)Wording
Conditional
How definitive the wording is.This transaction
Acquisition of shares and conversion into a subsidiaryCounterpartySam N. Zonni and Jennifer K. Zonni, as Trustees of the Zonni Family Trust, Margret Dietermann, as Trustee of the Margret Dietermann Living Trust, Martinus Albertus Duffhues and Ammy Grayda Duffhues, as Trustees of the Ammadeus Revocable Trust, Richard Groesz
Disclosing companyH.I.S.Co.,Ltd.
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.White points represent dates designated as scheduled dates in the document.
Target company
Inbound travel business
Location United StatesShare capital US$153,000Date of incorporation 16 February 1983
Net SalesUS$15,803 thousand (fiscal year ending March 2026)
Operating profitUS$503 thousand (fiscal year ending March 2026)
Net income for the current fiscal yearUS$503 thousand (fiscal year ending March 2026)
Net assetsUS$403 thousand (fiscal year ending March 2026)
Consideration and expenses
Acquisition priceUS$1,675,000 (approximately ¥269 million)
Impact on Business Performance
Immaterial
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares and conversion into a subsidiary |
| Counterparty name | Sam N. Zonni and Jennifer K. Zonni, as Trustees of the Zonni Family Trust, Margret Dietermann, as Trustee of the Margret Dietermann Living Trust, Martinus Albertus Duffhues and Ammy Grayda Duffhues, as Trustees of the Ammadeus Revocable Trust, Richard Groesz |
| Name of the Subject Company | American Ring Travel, Inc. |
| Business Description of the Subject Company | Inbound travel business |
| Location of the Subject Company | United States |
| Capital Stock of the Subject Company | US$153,000 |
| Date of Establishment of the Subject Company | 16 February 1983 |
| Net Sales of the Subject Company | US$15,803 thousand (fiscal year ending March 2026) |
| Operating Profit of the Subject Company | US$503 thousand (fiscal year ending March 2026) |
| Net Income of the Subject Company | US$503 thousand (fiscal year ending March 2026) |
| Net Assets of the Subject Company | US$403 thousand (fiscal year ending March 2026) |
| Acquisition price | US$1,675,000 (approximately ¥269 million) |
| Number of shares acquired | 4,845 shares (number of voting rights: 4,845) |
| Voting rights ownership percentage | Before －％ → after 100％ |
| Impact on Business Performance | Immaterial |
| Date of board resolution | 28 August 2026 |
| Contract Date | Mid-September 2026 (予定) |
| Execution Date / Effective Date | Mid-September 2026 (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.The acquisition is intended to create synergies through the mutual use of the customer bases of the North American operations and the joint operation of tours, strengthen the Group's business base in North America, and enhance corporate value across the Group.
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.