Yamazen Corporation
Final Agreement on Acquisition of Shares of PT. Somagede Indonesia (Subsidiarization)
YAMAZEN CORPORATION has reached a final agreement to acquire all 78,000 shares of PT. Somagede Indonesia and make it a wholly owned subsidiary. The acquisition price is undisclosed. The board resolution was held on 2026-03-25.
Key Figures
- Number of shares acquired: 78,000 shares (100.00% voting rights ownership)
- PT. Somagede Indonesia Net Sales (Fiscal Year ending December 2024): 3,367 million JPY
- PT. Somagede Indonesia Net Income Attributable to Owners of Parent (Fiscal Year ending December 2024): 80 million JPY
AI要約
Overview of M&A
YAMAZEN CORPORATION reached a final agreement on March 25, 2026, through a board resolution, to acquire all 78,000 shares of PT. Somagede Indonesia (SGI) and make the company a wholly owned subsidiary. SGI is based in Indonesia and engages in wholesale distribution of metal cutting tools, machine tools, adhesives, and maintenance products. This subsidiarization aims to expand YAMAZEN's overseas industrial supplies business under its mid-term management plan 'PROACTIVE YAMAZEN 2027.' The acquisition price is undisclosed due to confidentiality obligations.
Future Outlook and Schedule
The stock transfer agreement date and board resolution date are scheduled for 2026-03-25, with the stock transfer execution date set for 2026-03-27. The transaction is conditioned on completion of required approvals and other procedures under applicable laws and regulations, with possible delays. The impact of this transaction on YAMAZEN's consolidated financial results for the fiscal year ending March 2026 is expected to be minor.
YAMAZEN CORPORATION
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