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M&A and Subsidiary Changes2371Kakaku.com,Inc.Information and Communications, Services and Others

Notice Regarding Changes to the Terms and Conditions of the Tender Offer for Shares, etc. of Kakaku.com,Inc. (Securities Code: 2371) by Kamgras 1株式会社

The tender offer price was increased from ¥3,450 to ¥3,570 per common share, and the tender offer period was extended through 27 August 2026. Accordingly, the settlement commencement date was also changed to 3 September 2026, and the price for the acquisition of treasury shares from non-tendering shareholders was changed to ¥2,902 per share.

Worth reading
42Recurring
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
120
¥ per share (increase in the tender offer price)
Wording
Conditional
How definitive the wording is.

This transaction

This tender offer
CounterpartyKamgras 1株式会社
Disclosing companyKakaku.com,Inc.
Kakaku.com,Inc.Subject of this transaction
Execution Date / Effective DateSettlement commencement date: 3 September 2026 (Thursday)
Consideration and expenses
Type of ConsiderationCash
Tender offer price¥3,570 per common share. ¥1 per warrant for the 8th, 10th, 11th, 13th, 14th, 15th, 16th, 17th, 18th, 19th and 20th series of stock acquisition rights
Tender offer periodFrom 13 May 2026 through 27 August 2026 (75 business days)
Procedures and assumptions
Special CommitteeEstablished (number of members and attributes not disclosed)
Management structure after acquisitionFollowing the tender offer, the target company's shares are expected to be delisted through squeeze-out procedures. The treatment of the corporate name, representative and employees is not disclosed
This transaction
ItemDetails
Transaction nameThis tender offer
Counterparty nameKamgras 1株式会社
Name of the Subject CompanyKakaku.com,Inc.
Type of ConsiderationCash
Tender offer price¥3,570 per common share. ¥1 per warrant for the 8th, 10th, 11th, 13th, 14th, 15th, 16th, 17th, 18th, 19th and 20th series of stock acquisition rights
Tender offer periodFrom 13 May 2026 through 27 August 2026 (75 business days)
Execution Date / Effective DateSettlement commencement date: 3 September 2026 (Thursday)
Special CommitteeEstablished (number of members and attributes not disclosed)
Management structure after acquisitionFollowing the tender offer, the target company's shares are expected to be delisted through squeeze-out procedures. The treatment of the corporate name, representative and employees is not disclosed
Items this document does not state (23)
Business Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet 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 ratioMinimum number of shares to be purchasedNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionContract DateValuation methodologyIndependent valuation institutionConditions 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.

Following a comprehensive review of the competing proposal, the market price, the tendering status and outlook for further tenders, and the target company's request to discuss a price change, it was determined that the transaction should be completed promptly and that measures to enhance the target company's corporate value should be pursued.

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 Changes to the Terms and Conditions of the Tender Offer for Shares, etc. of Kakaku.com,Inc. (Securities Code: 2371) by Kamgras 1株式会社 | Kakaku.com,Inc. (2371) timely disclosure | Komori