Worth reading
75Important
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
1844
¥ million (approximate total of the acquisition price, advisory fees and other costs)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
This share acquisitionCounterpartyUehara Gaku (上原 岳)
Disclosing companyMT GENEX CORPORATION
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.
Target company
Electrical and telecommunications construction business
Location Shinagawa Ward, TokyoShare capital ¥50 millionDate of incorporation 15 April 1994
Net Sales¥1,607 million (fiscal year ended October 2025)
Operating profit¥125 million (fiscal year ended October 2025)
Net income for the current fiscal year¥129 million (fiscal year ended October 2025)
Net assets¥1,032 million (fiscal year ended October 2025)
Consideration and expenses
Acquisition price¥1,771 million
Expenses other than the acquisition priceAdvisory fees and other costs (approximate): ¥73 million
Impact on Business Performance
The impact of this share acquisition on consolidated results for the current fiscal year is currently under review. MT GENEX CORPORATION will promptly disclose any matters that should be disclosed.
Procedures and assumptions
Valuation methodologyThe acquisition price was determined following appropriate due diligence by a third party with no conflict of interest with MT GENEX CORPORATION, taking into account ネクスト's past results, current financial position and future business plans, and following discussions with the counterparty.
| Item | Details |
|---|---|
| Transaction name | This share acquisition |
| Counterparty name | Uehara Gaku (上原 岳) |
| Name of the Subject Company | 株式会社ネクスト |
| Business Description of the Subject Company | Electrical and telecommunications construction business |
| Location of the Subject Company | Shinagawa Ward, Tokyo |
| Capital Stock of the Subject Company | ¥50 million |
| Date of Establishment of the Subject Company | 15 April 1994 |
| Net Sales of the Subject Company | ¥1,607 million (fiscal year ended October 2025) |
| Operating Profit of the Subject Company | ¥125 million (fiscal year ended October 2025) |
| Net Income of the Subject Company | ¥129 million (fiscal year ended October 2025) |
| Net Assets of the Subject Company | ¥1,032 million (fiscal year ended October 2025) |
| Acquisition price | ¥1,771 million |
| Expenses other than the acquisition price | Advisory fees and other costs (approximate): ¥73 million |
| Number of shares acquired | 880 shares; 880 voting rights |
| Voting rights ownership percentage | Before 0.0％ → after 100.0％ |
| Impact on Business Performance | The impact of this share acquisition on consolidated results for the current fiscal year is currently under review. MT GENEX CORPORATION will promptly disclose any matters that should be disclosed. |
| Date of board resolution | 21 July 2026 |
| Contract Date | 21 July 2026 |
| Execution Date / Effective Date | 31 July 2026 (scheduled) |
| Valuation methodology | The acquisition price was determined following appropriate due diligence by a third party with no conflict of interest with MT GENEX CORPORATION, taking into account ネクスト's past results, current financial position and future business plans, and following discussions with the counterparty. |
Items this document does not state (12)
Type of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Independent 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.As part of an M&A initiative aimed at expanding its business domains and developing new customers, MT GENEX CORPORATION will add ネクスト, which operates an electrical and telecommunications construction business, to the Group in order to further expand its business domains.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.