Noritsu Koki has acknowledged that the extraordinary report tied to its acquisition of Senqcia should have been filed promptly after the board approved the share purchase and subsidiary conversion on January 15. Instead, the company says, the report remained unfiled until July 3, when it was finally submitted.
The missed timing matters because the target was not small. In the same report, Noritsu describes Senqcia as a manufacturer and seller of building materials and equipment, plus related construction work. It lists the company with capital of ¥500mn, net assets of ¥29.26bn and total assets of ¥75.97bn.
The filing also gives a sense of operating size. Senqcia posted sales of ¥35.41bn and operating profit of ¥5.13bn in the year ended March 2025, after sales of ¥34.20bn and ¥32.76bn in the prior two years. So the timing lapse relates to a target with tens of billions of yen in assets and sales.
Noritsu cites the Financial Instruments and Exchange Act and related cabinet office disclosure rules as the basis for the report, and explicitly says it should have submitted the filing without delay after the January board resolution. The cited section explains that the report was late, but not why.