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M&A and Subsidiary Changes2170Link and Motivation Inc.Information and Communications, Services and Others

Notice Regarding the Execution of a Memorandum of Basic Agreement Concerning a Simplified Share Exchange Between the Company and SELF Co., Ltd.

Our company has entered into a basic agreement to begin discussions toward making SELF株式会社 a wholly owned subsidiary through a short-form share exchange. However, the execution and implementation of the share exchange agreement have not yet been finalized, and the exchange ratio and other terms will be determined going forward.

Worth reading
48Recurring
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
3
As a percentage of our company's net sales (less than %)
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Name of transaction
Counterparty (target company)SELF株式会社
Disclosing companyLink and Motivation Inc.
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company

Provides enterprise solutions and consumer applications using AI systems.

Location Shinjuku-ku, TokyoShare capital ¥376 million, including capital reservesDate of incorporation November 2014
Consideration and expenses
Type of ConsiderationShares (our common shares only; no new shares will be issued, and treasury shares held by our company are scheduled to be used as consideration)
Funding arrangementsTreasury shares held by our company are scheduled to be used as consideration rather than making a cash payment.
Impact on Business Performance

We will disclose the outlook for results and other matters following the share exchange as soon as they become clear.

Procedures and assumptions
Valuation methodologyScheduled to be determined based on the results of a valuation by an independent third-party valuation institution and other factors.
Conditions Precedent to ExecutionThe execution of the share exchange agreement and implementation of the share exchange will be discussed and determined going forward (not finalized at present). Other permits and approvals: Not disclosed
Management structure after acquisitionFollowing the share exchange, our company will become the wholly owning parent company, with Representative Director and Chairman Ozasa Yoshio (小笹芳央) scheduled to serve as its representative. The treatment of SELF株式会社's corporate name, representative and employees: Not disclosed
This transaction
ItemDetails
Transaction nameName of transaction
Counterparty nameSELF株式会社
Name of the Subject CompanySELF株式会社
Business Description of the Subject CompanyProvides enterprise solutions and consumer applications using AI systems.
Location of the Subject CompanyShinjuku-ku, Tokyo
Capital Stock of the Subject Company¥376 million, including capital reserves
Date of Establishment of the Subject CompanyNovember 2014
Type of ConsiderationShares (our common shares only; no new shares will be issued, and treasury shares held by our company are scheduled to be used as consideration)
Funding arrangementsTreasury shares held by our company are scheduled to be used as consideration rather than making a cash payment.
Impact on Business PerformanceWe will disclose the outlook for results and other matters following the share exchange as soon as they become clear.
Date of board resolution10 August 2026
Contract DateThis basic agreement: 10 August 2026. Share exchange agreement: 9 September 2026 (scheduled)
Execution Date / Effective Date1 October 2026 (予定)
Valuation methodologyScheduled to be determined based on the results of a valuation by an independent third-party valuation institution and other factors.
Conditions Precedent to ExecutionThe execution of the share exchange agreement and implementation of the share exchange will be discussed and determined going forward (not finalized at present). Other permits and approvals: Not disclosed
Management structure after acquisitionFollowing the share exchange, our company will become the wholly owning parent company, with Representative Director and Chairman Ozasa Yoshio (小笹芳央) scheduled to serve as its representative. The treatment of SELF株式会社's corporate name, representative and employees: Not disclosed
Items this document does not state (16)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageGoodwill amountAmount of extraordinary income (loss)Independent valuation institutionSpecial Committee

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 purpose is to incorporate SELF株式会社's enterprise integration AI service, SELFBOT, into the transformation services of Motive Cloud, with the aim of improving productivity through its combination with our cloud and consulting services, sustaining organizational transformation effects, and expanding cross-selling opportunities for customers.

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.
Notice Regarding the Execution of a Memorandum of Basic Agreement Concerning a Simplified Share Exchange Between the Company and SELF Co., Ltd. | Link and Motivation Inc. (2170) timely disclosure | Komori