Komori
M&A and Subsidiary Changes9837MORITO CO.,LTD.Trading & Wholesale

Notice Regarding the Acquisition of Shares in 株式会社ミツボシコーポレーション and Its Conversion into a Subsidiary

MORITO CO.,LTD. has decided to acquire all shares of 株式会社ミツボシコーポレーション for cash and make it a consolidated subsidiary. The share transfer is scheduled to take place on 1 April 2025, subject to approval under the Antimonopoly Act.

Worth reading
77Important
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
1087
¥ millions (total, approximate amount)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares (making the company a subsidiary)
Counterpartyミツボシコーポレーション従業員持株会, 個人株主13名
Disclosing companyMORITO CO.,LTD.
株式会社ミツボシコーポレーションVoting rights ownership percentageNumber of shares acquired 普通株式132,752株(議決権の数:132,752個)

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.White points represent dates designated as scheduled dates in the document.
Target company

服飾資材総合販売事業、アパレル製品生産管理事業、リサイクル事業

Location Fukuyama, HiroshimaShare capital 88,735千円Date of incorporation 1959年10月1日
Net Sales7,462百万円(2024年3月期)
Operating profit66百万円(2024年3月期)
Net income for the current fiscal year190百万円(2024年3月期)
Net assets2,262百万円(2024年3月期)
Consideration and expenses
Acquisition price¥1,062 million
Expenses other than the acquisition priceアドバイザリー費用等(概算額)25百万円
Type of ConsiderationCash
Impact on Business Performance

今期業績に与える影響は、現在精査中。2025年11月期の当社連結業績予想には織り込んでいない。

Procedures and assumptions
Conditions Precedent to Execution公正取引委員会による独占禁止法関連の承認を得られること
Management structure after acquisition対象会社は当社の連結子会社となる予定。商号変更、代表者、従業員の処遇はNot disclosed
This transaction
ItemDetails
Transaction nameAcquisition of shares (making the company a subsidiary)
Counterparty nameミツボシコーポレーション従業員持株会, 個人株主13名
Name of the Subject Company株式会社ミツボシコーポレーション
Business Description of the Subject Company服飾資材総合販売事業、アパレル製品生産管理事業、リサイクル事業
Location of the Subject CompanyFukuyama, Hiroshima
Capital Stock of the Subject Company88,735千円
Date of Establishment of the Subject Company1959年10月1日
Net Sales of the Subject Company7,462百万円(2024年3月期)
Operating Profit of the Subject Company66百万円(2024年3月期)
Net Income of the Subject Company190百万円(2024年3月期)
Net Assets of the Subject Company2,262百万円(2024年3月期)
Acquisition price¥1,062 million
Expenses other than the acquisition priceアドバイザリー費用等(概算額)25百万円
Type of ConsiderationCash
Number of shares acquired普通株式132,752株(議決権の数:132,752個)
Voting rights ownership percentageBefore 0% → after 100%
Impact on Business Performance今期業績に与える影響は、現在精査中。2025年11月期の当社連結業績予想には織り込んでいない。
Date of board resolution24 January 2025
Contract Date2025年1月24日(予定)
Execution Date / Effective Date2025年4月1日(予定)
Conditions Precedent to Execution公正取引委員会による独占禁止法関連の承認を得られること
Management structure after acquisition対象会社は当社の連結子会社となる予定。商号変更、代表者、従業員の処遇はNot disclosed
Items this document does not state (10)
Merger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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.

対象会社の販売方法・商品のノウハウを取り込み、売上規模を拡大するため。また、両社のパーツ調達・販売機能・海外ネットワークを活用して効率化し、アパレル関連事業に注力するため。

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 Regarding the Acquisition of Shares in 株式会社ミツボシコーポレーション and Its Conversion into a Subsidiary | MORITO CO.,LTD. (9837) timely disclosure | Komori