Yamazen Corporation
Notice Regarding the Basic Agreement for the Acquisition of Shares of PT. Somagede Indonesia (Subsidiarization)
YAMAZEN CORPORATION entered into a basic agreement on February 6, 2026, to acquire all 78,000 shares of PT. Somagede Indonesia and make it a wholly owned subsidiary. The acquisition price is undisclosed, and the share transfer agreement is scheduled to be concluded by February 28, 2026.
Key Figures
- Number of shares acquired: 78,000 shares (100.00% voting rights owned)
- Net sales (FY ending December 2024): JPY 3,367 million
- Net income attributable to owners of parent (FY ending December 2024): JPY 80 million
AI要約
Overview of M&A
YAMAZEN CORPORATION has entered into a basic agreement on February 6, 2026, to acquire all shares of PT. Somagede Indonesia (SGI), an Indonesian wholesaler of industrial cutting tools and adhesives, thereby making it a wholly owned subsidiary. SGI has a history of over 30 years, maintains a nationwide sales network in Indonesia, and supplies products to a wide range of industries, mainly Japanese-affiliated automotive sectors. This acquisition aims to expand YAMAZEN’s overseas production materials business under its medium-term management plan 'PROACTIVE YAMAZEN 2027'. The acquisition price is undisclosed, and the formal contract is scheduled to be signed by February 28, 2026.
Future Outlook and Schedule
The share transfer agreement is scheduled to be concluded by February 28, 2026, with the transfer execution expected by March 31, 2026. The transaction’s effectiveness is conditional upon completion of approvals under relevant laws and regulations. The impact of this transaction on consolidated financial results for the fiscal year ending March 2026 is expected to be minor.
