Worth reading
65In focus
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
340
¥ millionWording
Conditional
How definitive the wording is.This transaction
Acquisition of the businessCounterparty株式会社ディグロス
Disclosing companyfonfun corporation
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
Net Sales¥189 million (forecast for the fiscal year ending May 2026)
Operating profit¥85 million (forecast for the fiscal year ending May 2026)
Consideration and expenses
Acquisition price¥340 million
Type of ConsiderationCash (cash payment by bank transfer)
Funding arrangements予定 to be funded through borrowings from financial institutions
Goodwill amount¥340 million (provisionally estimated goodwill equal to the acquisition price); the amortisation period will be determined after further review
Goodwill is the amount paid in excess of the acquired company's net assets.Impact on Business Performance
The impact will be reflected in the earnings forecast for the fiscal year ending March 2027 and disclosed in the earnings release for the fiscal year ending March 2026, scheduled for publication on 15 May 2026
Procedures and assumptions
Valuation methodologyAgreed through discussions between the parties, taking comprehensive account of a third-party valuation by a certified public accountant (reference valuation based on the DCF method) and the anticipated business synergies with the Group
Management structure after acquisitionThe business will be incorporated into the Company's Cloud Solutions segment, which will promote its operations.
| Item | Details |
|---|---|
| Transaction name | Acquisition of the business |
| Counterparty name | 株式会社ディグロス |
| Net Sales of the Subject Company | ¥189 million (forecast for the fiscal year ending May 2026) |
| Operating Profit of the Subject Company | ¥85 million (forecast for the fiscal year ending May 2026) |
| Acquisition price | ¥340 million |
| Type of Consideration | Cash (cash payment by bank transfer) |
| Funding arrangements | 予定 to be funded through borrowings from financial institutions |
| Goodwill amount | ¥340 million (provisionally estimated goodwill equal to the acquisition price); the amortisation period will be determined after further review |
| Impact on Business Performance | The impact will be reflected in the earnings forecast for the fiscal year ending March 2027 and disclosed in the earnings release for the fiscal year ending March 2026, scheduled for publication on 15 May 2026 |
| Date of board resolution | 30 April 2026 |
| Contract Date | 30 April 2026 |
| Execution Date / Effective Date | 1 May 2026 (予定) |
| Valuation methodology | Agreed through discussions between the parties, taking comprehensive account of a third-party valuation by a certified public accountant (reference valuation based on the DCF method) and the anticipated business synergies with the Group |
| Management structure after acquisition | The business will be incorporated into the Company's Cloud Solutions segment, which will promote its operations. |
Items this document does not state (18)
Name of the Subject CompanyBusiness Description 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 company aims to expand recurring revenue through roll-up M&A in the SaaS business. It will deploy its sales and marketing capabilities and SaaS operating expertise to restore the business to growth, capture stable recurring revenue and earnings, and enhance the profitability of the group as a whole.
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.