Worth reading
33Immaterial
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
1
¥/share (increase in the tender offer price for common shares)Wording
Conditional
How definitive the wording is.This transaction
This tender offerCounterparty (target company)Kakaku.com,Inc.
Disclosing companyKakaku.com,Inc.
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Type of ConsiderationCash (¥3,681 per common share and ¥1 per stock acquisition right)
Tender offer price¥3,681 per common share. ¥1 each for the Eighth, Tenth, Eleventh, Thirteenth, Fourteenth, Fifteenth, Sixteenth, Seventeenth, Eighteenth, Nineteenth and Twentieth Series Stock Acquisition Rights
Tender offer period13 May 2026 (Wednesday) to 14 October 2026 (Wednesday) (105 business days)
Procedures and assumptions
Special CommitteeEstablished (special committee established by the target company; number and attributes of members: Not disclosed)
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | Kakaku.com,Inc. |
| Name of the Subject Company | Kakaku.com,Inc. |
| Type of Consideration | Cash (¥3,681 per common share and ¥1 per stock acquisition right) |
| Tender offer price | ¥3,681 per common share. ¥1 each for the Eighth, Tenth, Eleventh, Thirteenth, Fourteenth, Fifteenth, Sixteenth, Seventeenth, Eighteenth, Nineteenth and Twentieth Series Stock Acquisition Rights |
| Tender offer period | 13 May 2026 (Wednesday) to 14 October 2026 (Wednesday) (105 business days) |
| Contract Date | 12 May 2026 (tender offer agreement) |
| Execution Date / Effective Date | 21 October 2026 (Wednesday) (settlement commencement date) |
| Special Committee | Established (special committee established by the target company; number and attributes of members: 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 resolutionValuation methodologyIndependent valuation institutionConditions Precedent to ExecutionManagement structure after acquisition
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 tender offeror explained that it raised the price to provide shareholders with a more favorable opportunity to sell and increase the likelihood of the tender offer succeeding, given that the market price of the target company’s shares had remained above the tender offer price and that the opaque and unstable situation surrounding shareholders had continued.
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.