Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
4500
¥ thousandWording
Conditional
How definitive the wording is.This transaction
Transaction nameCounterpartyAppBank株式会社
Disclosing companyPostPrime Inc.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Operation of an online video service
Net Sales¥12 million (fiscal year ended December 2025)
Operating profit¥3 million (fiscal year ended December 2025)
Consideration and expenses
Acquisition price¥4.5 million
Type of ConsiderationCash
Funding arrangementsInternal funds
Goodwill amountThe purchase price allocation has not been completed, and it has not yet been determined whether goodwill or intangible assets, among other items, will be recognized or the amount thereof.
Goodwill is the amount paid in excess of the acquired company's net assets.Impact on Business Performance
The impact of this acquisition on consolidated results for the fiscal year ending May 2027 is expected to be immaterial.
Procedures and assumptions
Valuation methodologyThe consideration was determined through discussions and negotiations with AppBank株式会社, taking into comprehensive consideration the target service’s revenue performance, operating status and future profitability, among other factors.
Management structure after acquisitionThe company will continue operating the target service and consider reciprocal referrals with the PostPrime social media platform, joint content planning and the creation of new revenue opportunities. Murai Tomotake (村井智建) is scheduled to join PostPrime as a creator while continuing his activities on his existing channels and elsewhere.
| Item | Details |
|---|---|
| Transaction name | Transaction name |
| Counterparty name | AppBank株式会社 |
| Business Description of the Subject Company | Operation of an online video service |
| Net Sales of the Subject Company | ¥12 million (fiscal year ended December 2025) |
| Operating Profit of the Subject Company | ¥3 million (fiscal year ended December 2025) |
| Acquisition price | ¥4.5 million |
| Type of Consideration | Cash |
| Funding arrangements | Internal funds |
| Goodwill amount | The purchase price allocation has not been completed, and it has not yet been determined whether goodwill or intangible assets, among other items, will be recognized or the amount thereof. |
| Impact on Business Performance | The impact of this acquisition on consolidated results for the fiscal year ending May 2027 is expected to be immaterial. |
| Date of board resolution | 27 July 2026 |
| Contract Date | 27 July 2026 |
| Execution Date / Effective Date | 1 August 2026 (scheduled) |
| Valuation methodology | The consideration was determined through discussions and negotiations with AppBank株式会社, taking into comprehensive consideration the target service’s revenue performance, operating status and future profitability, among other factors. |
| Management structure after acquisition | The company will continue operating the target service and consider reciprocal referrals with the PostPrime social media platform, joint content planning and the creation of new revenue opportunities. Murai Tomotake (村井智建) is scheduled to join PostPrime as a creator while continuing his activities on his existing channels and elsewhere. |
Items this document does not state (17)
Name of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageAmount of extraordinary income (loss)Independent valuation institutionSpecial CommitteeConditions Precedent to Execution
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The acquisition is intended to expand the content available on the PostPrime social media platform, stimulate creator activity and create new points of contact with users. By leveraging the recognition of the existing channels, their points of contact with viewers, and Murai Tomotake’s (村井智建) video production and information-distribution capabilities, the company aims to attract new users, encourage continued user participation, stimulate information distribution and create new revenue opportunities.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.