Okamoto Industries, Inc.
Notice Regarding Acquisition of Shares of OKEHO SAS (Subsidiarization)
To strengthen its European presence, Okamoto Industries, Inc. resolved to acquire the shares of OKEHO SAS and make it a subsidiary. The total acquisition amount is approximately 57 million yen (300,000 euros plus incidental expenses), and ownership after acquisition will be 100%. Contract signing is scheduled for 2026-11-20 and transfer execution for 2026-12-15. Future impacts are under review.
Key Figures
- Acquisition amount for OKEHO SAS shares: 300,000 euro (54 million yen)
- Advisory and related fees: 3 million yen
- Number of shares to be acquired: 200 shares (Post-acquisition 100.0%)
AI要約
Overview of the Transaction
Okamoto Industries, Inc. resolved to acquire the shares of OKEHO SAS, a French sales agency, and make it a subsidiary in order to strengthen its business foundation in Europe. OKEHO SAS has long acted as a sales agent/intermediary for the company's products in the European market. Through this acquisition, the company aims to reinforce its European sales framework, launch new products, and expand operations. The number of shares to be acquired represents all shares of the local entity, resulting in 100% voting rights after the acquisition.
Outlook and Impact
The financial impact of the acquisition is currently being examined, and the company will promptly disclose any matters that should be announced. The transaction schedule foresees the contract signing date as 2026-11-20 and the share transfer execution date as 2026-12-15. This move is positioned as part of the growth strategy for European operations and is expected to contribute to medium- to long-term overseas business expansion.
Okamoto Industries, Inc.
Company overview · Stock price · Financial data · All IR
