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

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

The tender offer price for Kakaku.com, Inc. shares was increased from ¥3,683 per share to ¥3,700, and the tender offer period was extended to 26 November 2026. Accordingly, the settlement commencement date was set as 3 December 2026, and the planned purchase price for the treasury share acquisition was changed from ¥2,994 per share to ¥3,008.

Worth reading
45Recurring
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
17
¥ per share
Wording
Conditional
How definitive the wording is.

This transaction

This tender offer
Counterparty (target company)Kakaku.com,Inc.
Disclosing companyKakaku.com,Inc.
Subject of this transaction
Execution Date / Effective Date3 December 2026 (Thursday) (settlement commencement date)
Consideration and expenses
Type of ConsiderationCash (¥3,700 per common share and ¥1 per stock acquisition right)
Tender offer price¥3,700 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 26 November 2026 (134 business days)
Procedures and assumptions
Special CommitteeEstablished (number of members and attributes are Not disclosed)
Management structure after acquisitionFollowing this squeeze-out procedure, the target company plans to acquire all of the non-tendered shares through a treasury share acquisition. The planned purchase price is ¥3,008 per target company share before the share consolidation. The treatment of the corporate name, representative and employees is Not disclosed
This transaction
ItemDetails
Transaction nameThis tender offer
Counterparty nameKakaku.com,Inc.
Name of the Subject CompanyKakaku.com,Inc.
Type of ConsiderationCash (¥3,700 per common share and ¥1 per stock acquisition right)
Tender offer price¥3,700 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 26 November 2026 (134 business days)
Execution Date / Effective Date3 December 2026 (Thursday) (settlement commencement date)
Special CommitteeEstablished (number of members and attributes are Not disclosed)
Management structure after acquisitionFollowing this squeeze-out procedure, the target company plans to acquire all of the non-tendered shares through a treasury share acquisition. The planned purchase price is ¥3,008 per target company share before the share consolidation. 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 consideration of the target company's request for discussions regarding the price change, the stated reasons are to make the opportunity to sell provided to shareholders more favorable and increase the likelihood of completion of the tender offer. The market price of the target company's shares, the tender rate and the outlook for future tenders were also taken into comprehensive consideration.

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 Other Conditions of Purchase in 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