Komori
M&A and Subsidiary Changes9959ASEED HOLDINGS CO.,LTD.Retail

Notice Regarding the Acquisition by Our Consolidated Subsidiary of Shares in Two Companies Succeeding to the Absorption-Type Company Splits of 株式会社フジタ商事 and 大熊乳業株式会社 (Making Them Sub-Subsidiaries)

Aseed Co., Ltd., a consolidated subsidiary, acquired all shares in Fujita Shoji Co., Ltd. and Okuma Dairy Co., Ltd., which were established through absorption-type company splits, making them sub-subsidiaries of our group. Target Company 1 operates a vending machine business with approximately 4,000 machines.

Worth reading
31Immaterial
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
4000
Machines (approximate number of vending machines operated by Target Company 1)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares (making the company an indirect subsidiary)
Disclosing companyASEED HOLDINGS CO.,LTD.
フジタ商事株式会社, 株式会社大熊乳業Voting rights ownership percentageNumber of shares acquired フジタ商事株式会社 All issued shares (the specific number of shares and voting rights is not disclosed) / 株式会社大熊乳業 All issued shares (the specific number of shares and voting rights is not disclosed)

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.

Execution Date / Effective Date19 June 2026 (today; acquisition of shares and conversion into subsidiaries)
Target company

フジタ商事株式会社 Sale of beverages and food products through vending machines / 株式会社大熊乳業 Sale of milk, processed milk and dairy products, and food products

Location フジタ商事株式会社 Fukuyama, Hiroshima / 株式会社大熊乳業 Kurashiki, Okayama Prefecture
Impact on Business Performance

The impact on consolidated results for the fiscal year ending March 2027 is expected to be immaterial.

Procedures and assumptions
Management structure after acquisitionFollowing the acquisition, Target Company 1 will be named フジタ商事株式会社, and its representative director and president will be Kubo Kazufumi (久保一史). Target Company 2 will be named 大熊乳業株式会社, and its representative director and president will be Kubo Kazufumi (久保一史). The principal businesses will remain unchanged from before the acquisition. Employee treatment is not disclosed.
This transaction
ItemDetails
Transaction nameAcquisition of shares (making the company an indirect subsidiary)
Name of the Subject Companyフジタ商事株式会社, 株式会社大熊乳業
Business Description of the Subject Companyフジタ商事株式会社 Sale of beverages and food products through vending machines / 株式会社大熊乳業 Sale of milk, processed milk and dairy products, and food products
Location of the Subject Companyフジタ商事株式会社 Fukuyama, Hiroshima / 株式会社大熊乳業 Kurashiki, Okayama Prefecture
Number of shares acquiredフジタ商事株式会社 All issued shares (the specific number of shares and voting rights is not disclosed) / 株式会社大熊乳業 All issued shares (the specific number of shares and voting rights is not disclosed)
Voting rights ownership percentageAfter 100% (acquisition of all issued shares) (before not disclosed)
Impact on Business PerformanceThe impact on consolidated results for the fiscal year ending March 2027 is expected to be immaterial.
Execution Date / Effective Date19 June 2026 (today; acquisition of shares and conversion into subsidiaries)
Management structure after acquisitionFollowing the acquisition, Target Company 1 will be named フジタ商事株式会社, and its representative director and president will be Kubo Kazufumi (久保一史). Target Company 2 will be named 大熊乳業株式会社, and its representative director and president will be Kubo Kazufumi (久保一史). The principal businesses will remain unchanged from before the acquisition. Employee treatment is not disclosed.
Items this document does not state (23)
Counterparty nameCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses 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)Date of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

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 target companies' business areas substantially overlap with Aseed Co., Ltd.'s operating areas. The share acquisition is expected to improve the efficiency of each location, enhance profitability, and contribute to the growth of the vending machine retail business.

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 by Our Consolidated Subsidiary of Shares in Two Companies Succeeding to the Absorption-Type Company Splits of 株式会社フジタ商事 and 大熊乳業株式会社 (Making Them Sub-Subsidiaries) | ASEED HOLDINGS CO.,LTD. (9959) timely disclosure | Komori