Worth reading
67In focus
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
1
Yen (per common share)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
This tender offerCounterpartyKamgras １株式会社
Disclosing companyKakaku.com,Inc.
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Type of ConsiderationCash (¥3,683 per common share and ¥1 per stock acquisition right)
Tender offer price¥3,683 per common share. Stock acquisition rights Nos. 8, 10, 11, 13, 14, 15, 16, 17, 18, 19 and 20: ¥1 each
Tender offer period13 May 2026 to 12 November 2026 (125 business days)
Procedures and assumptions
Special CommitteeEstablished (a special committee established by the target company; the number and attributes of its members are not stated)
Management structure after acquisitionFollowing the squeeze-out procedures, the target company plans to acquire all non-tendered shares. The target company's shares will be delisted, and the corporate name, representative and treatment of employees are 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 (¥3,683 per common share and ¥1 per stock acquisition right) |
| Tender offer price | ¥3,683 per common share. Stock acquisition rights Nos. 8, 10, 11, 13, 14, 15, 16, 17, 18, 19 and 20: ¥1 each |
| Tender offer period | 13 May 2026 to 12 November 2026 (125 business days) |
| Contract Date | 12 May 2026 |
| Execution Date / Effective Date | 19 November 2026 (Thursday) (settlement commencement date) |
| Special Committee | Established (a special committee established by the target company; the number and attributes of its members are not stated) |
| Management structure after acquisition | Following the squeeze-out procedures, the target company plans to acquire all non-tendered shares. The target company's shares will be delisted, and the corporate name, representative and treatment of employees are 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 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 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.To provide the target company's shareholders with a more favorable opportunity to sell their shares and increase the likelihood that the tender offer will be completed. The offeror explained that it had comprehensively considered the market price of the target company's shares, the status of tenders and outlook for future tenders, and the status of competing proposals, among other factors.
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.