Worth reading
77Important
Scored from 3 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
1
Yen/shareWording
Definitive
How definitive the wording is.This transaction
This tender offerCounterpartyKamgras １株式会社
Disclosing companyKakaku.com,Inc.
Consideration and expenses
Type of ConsiderationCash
Tender offer price¥3,681 per common share. ¥1 per warrant for the 8th, 10th, 11th, 13th, 14th, 15th, 16th, 17th, 18th, 19th and 20th series warrants
Minimum number of shares to be purchased34,941,000 shares
Tender offer period13 May 2026 to 14 October 2026 (105 business days)
Procedures and assumptions
Valuation methodologyComparison with the market price, including the closing price and the simple average closing price
Special CommitteeEstablished. Number and attributes of members: Not disclosed
Management structure after acquisitionThe transaction is intended to take the Company private. Following completion of the tender offer, an extraordinary general meeting of shareholders is scheduled to be held to approve a share consolidation and an amendment to the articles of incorporation abolishing the provisions on the number of shares constituting one unit. The corporate name, representative and treatment of employees: Not disclosed
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | Kamgras １株式会社 |
| Name of the Subject Company | Kakaku.com,Inc. |
| Type of Consideration | Cash |
| Tender offer price | ¥3,681 per common share. ¥1 per warrant for the 8th, 10th, 11th, 13th, 14th, 15th, 16th, 17th, 18th, 19th and 20th series warrants |
| Minimum number of shares to be purchased | 34,941,000 shares |
| Tender offer period | 13 May 2026 to 14 October 2026 (105 business days) |
| Valuation methodology | Comparison with the market price, including the closing price and the simple average closing price |
| Special Committee | Established. Number and attributes of members: Not disclosed |
| Management structure after acquisition | The transaction is intended to take the Company private. Following completion of the tender offer, an extraordinary general meeting of shareholders is scheduled to be held to approve a share consolidation and an amendment to the articles of incorporation abolishing the provisions on the number of shares constituting one unit. The corporate name, representative and treatment of employees: Not disclosed |
Items this document does not state (22)
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 ratioNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionContract DateExecution Date / Effective DateIndependent 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.The tender offeror explained that it increased the price after comprehensively considering the market price, the status of tenders and the outlook for future tenders, in order to provide the Company's shareholders with a more attractive opportunity to sell their shares and increase the likelihood that the tender offer will be completed.
How to read this page
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