Worth reading
68In focus
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
1775775
SharesWording
Conditional
How definitive the wording is.This transaction
Acquisition of shares (making the company a wholly owned subsidiary)CounterpartyFujikura Ltd.
Disclosing companyINABA DENKISANGYO CO.,LTD.
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
Sale of electronic components, electric wires, cables, accessories, power distribution components, fastener products and other products
Location Koto-ku, TokyoShare capital ¥301 millionDate of incorporation 16 December 1947
Net Sales¥34,490 million (fiscal year ended March 2026)
Operating profit¥1,864 million (fiscal year ended March 2026)
Net income for the current fiscal year¥1,295 million (fiscal year ended March 2026)
Net assets¥3,504 million (fiscal year ended March 2026)
Consideration and expenses
Acquisition priceThe purchase price will not be disclosed, but it was determined through a fair process and is considered appropriate in light of the enterprise value.
Impact on Business Performance
The impact of this transaction on the Company's consolidated results for the fiscal year ending March 2027 will be immaterial.
Procedures and assumptions
Valuation methodologyDetermined through a fair process
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares (making the company a wholly owned subsidiary) |
| Counterparty name | Fujikura Ltd. |
| Name of the Subject Company | 藤倉商事株式会社 |
| Business Description of the Subject Company | Sale of electronic components, electric wires, cables, accessories, power distribution components, fastener products and other products |
| Location of the Subject Company | Koto-ku, Tokyo |
| Capital Stock of the Subject Company | ¥301 million |
| Date of Establishment of the Subject Company | 16 December 1947 |
| Net Sales of the Subject Company | ¥34,490 million (fiscal year ended March 2026) |
| Operating Profit of the Subject Company | ¥1,864 million (fiscal year ended March 2026) |
| Net Income of the Subject Company | ¥1,295 million (fiscal year ended March 2026) |
| Net Assets of the Subject Company | ¥3,504 million (fiscal year ended March 2026) |
| Acquisition price | The purchase price will not be disclosed, but it was determined through a fair process and is considered appropriate in light of the enterprise value. |
| Number of shares acquired | 1,775,775 shares (number of voting rights not stated) |
| Voting rights ownership percentage | Before 0.0% → after 100.0% |
| Impact on Business Performance | The impact of this transaction on the Company's consolidated results for the fiscal year ending March 2027 will be immaterial. |
| Date of board resolution | 31 August 2026 |
| Contract Date | 31 August 2026 |
| Execution Date / Effective Date | 1 March 2027 (予定) |
| Valuation methodology | Determined through a fair process |
Items this document does not state (13)
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)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.To expand the range of products handled, strengthen proposal capabilities, increase sales opportunities and improve profitability by combining 藤倉商事株式会社's expertise in electronic components, connectors and other products with the Company's sales network and sales capabilities.
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.