Nagaoka International Corporation
Notice regarding the acquisition (subsidiaryization) of shares of SKE Co., Ltd.
Acquired 340 shares of SKE at a purchase price of 1,050 million yen plus advisory costs of 57 million yen to achieve 100% ownership and subsidiary status. Signing of the agreement is planned for September 11, with transfer execution on September 30. The impact on consolidated results is under review.
Key Figures
- Number of acquired shares: 340 shares
- Acquisition price: 1,050 million yen
- Total: 1,107 million yen
AI要約
Section heading
At the board of directors meeting held on September 10, the company resolved to acquire all shares of SKE Co., Ltd. and to convert it into a subsidiary. SKE focuses on design, rental, sales, and maintenance of water treatment equipment mainly in the Kyushu region. By integrating SKE's capabilities with our water-related business, we aim to create synergies in technology and customer base. We expect to consolidate SKE as a subsidiary, and the forthcoming financial impact is under review.
Section 2 heading
The target company, SKE, is located in Fukuoka Prefecture, with capital of 17 million yen, established on November 5, 1995. Directors Masashi Tagawa and Kohei Tagawa are major shareholders. SKE's business includes water treatment equipment, water supply and drainage, and well construction施工, as well as sales and leasing. Completion of the transfer agreement is planned for September 11, with execution of share transfer on September 30. The impact on future consolidated results will be disclosed as needed.
Nagao Ka Corporation
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