AsiaQuest Co., Ltd.
Notice of Share Acquisition (Subsidiarization) of Tetra Communications Co., Ltd.
At the board meeting held on October 1, 2026, the Company resolved to acquire the shares of Tetra Communications and make it a subsidiary. The acquisition amount is approximately 931,000 thousand yen, and ownership after the acquisition will be 100% (1,000 shares). The counterparty is Management Solutions. The impact on consolidated results going forward is TBD and is under review.
Key Figures
- Number of shares to be acquired: 1,000 shares
- Acquisition price: Tetra ordinary shares 920,000 thousand yen
- Total approximate amount: 931,000 thousand yen
AI要約
Overview of M&A and Subsidiarization
The Company has decided to acquire the shares of Tetra Communications and make it a wholly owned subsidiary. Tetra primarily provides IT consulting and IT support for the life insurance industry, expanding opportunities to enter the domestic life insurance market. By combining both companies' AI and cloud technologies and global resources, the goal is to advance DX solutions and pursue cross-selling opportunities.
Future Impact and Schedule
The share transfer is scheduled for November 2, 2026. The impact on consolidated results for the current fiscal year is currently under review, and the Company will disclose revisions to earnings guidance if necessary. An evaluation process will be conducted, including determining the acquisition price based on the assessment by a third-party valuation institution.
AsiaQuest Co., Ltd.
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