Translation
This document is an excerpt translation of the original Japanese document and is only for reference purposes.
In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
June 23,2022
Company name: Japan Elevator Service Holdings Co., Ltd.
Representative: Katsushi Ishida, Representative Director CEO
(TSE Prime Market, Stock Code: 6544)
Contact: Kimihiko Imamura,
Director, Deputy President and Executive Officer, CFO
TEL: +81-3-6262-1625
Notice of additional acquisition of shares of Toyota Facility Service Co., Ltd. to make
wholly-owned subsidiary
Japan Elevator Service Holdings Co., Ltd. (the "Company'') hereby announces that it has decided today to acquire additional shares of Toyota Facility Service Co., Ltd. ("Toyota Facility"). As a result, Toyota Facility will be a wholly-owned subsidiary of the Company.
1. Reason for the acquisition of shares
Toyota Facility which became a subsidiary in May 2021, operates elevator maintenance business mainly in Tokyo area as a Company group, and is promoting the strengthening of the business in that area.
By acquiring the additional shares of Toyota Facility, we will further strengthen cooperation and speed up decision-making, and aim to further increase corporate value by demonstrating mutual synergies.
2. Outline of the company to become a wholly owned subsidiary (Toyota Facility Service Co., Ltd)
（1） | Company name | Toyota Facility Service Co., Ltd. | ||
（2） | Location | Minamiikebukuro, Toshima-ku, Tokyo | ||
（3） | Title and name of | Representative Director Atsushi Ito | ||
representative | ||||
（4） | Business | Elevator maintenance business | ||
（5） | Amount of capital | 10Million Yen | ||
（6） | Date of established | July 31, 2013 | ||
（7） | Major share holders | 1 Individual (40.00%) , the Company (60.00%) | ||
Shareholding ratio | ||||
3. Number of shares to be acquired, and shareholdings before and after the acquisition | ||||
（1） | Number of shares held by the Company | 600 shares | ||
before the transfer | (Percentage of voting rights held: 60%) | |||
（2） | Number of shares to be acquired by the | 400 shares | ||
Company | ||||
（3） | Number of shares to be held by the | 1,000 shares | ||
Company after the transfer | (Percentage of voting rights held: 100%) | |||
4. Schedule | ||||
（1） | The date of resolution by the Board of | June 23, 2022 | ||
Directors | ||||
（2） | Execution date of the Share Purchase | June 23, 2022 | ||
Agreement | ||||
（3） | Implementation date of the acquisition of | June 24, 2022 (scheduled) | ||
shares | ||||
5. Outlook
This transaction will not have a significant impact to the Company's guidance for consolidated financial results for this fiscal year. The Company will promptly disclose when any matters that should be announced occurs.