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M&A and Subsidiary Changes2379dip CorporationInformation and Communications, Services and Others

Notice Concerning the Acquisition of Shares in Urawa Red Diamonds Co., Ltd.

dip Corporation acquired shares in 浦和レッドダイヤモンズ株式会社 and joined as a new shareholder. Details including the number of shares acquired, ownership interest and acquisition price have not been disclosed.

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This transaction

This share acquisition
Disclosing companydip Corporation
浦和レッドダイヤモンズ株式会社Subject of this transaction
Target company

Operation of the professional soccer team Urawa Reds and promotion of professional soccer matches Advertising and promotion related to professional soccer, and the development and sale of merchandise

Location Saitama City, Saitama PrefectureDate of incorporation 10 March 1992
Impact on Business Performance

The impact of this share acquisition on the company's financial results will be immaterial.

This transaction
ItemDetails
Transaction nameThis share acquisition
Name of the Subject Company浦和レッドダイヤモンズ株式会社
Business Description of the Subject CompanyOperation of the professional soccer team Urawa Reds and promotion of professional soccer matches Advertising and promotion related to professional soccer, and the development and sale of merchandise
Location of the Subject CompanySaitama City, Saitama Prefecture
Date of Establishment of the Subject Company10 March 1992
Impact on Business PerformanceThe impact of this share acquisition on the company's financial results will be immaterial.
Items this document does not state (26)
Counterparty nameCapital Stock 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 priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateExecution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions 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 company stated that the acquisition is intended to support Urawa Reds' medium- to long-term growth strategy, contribute to the local economy of Saitama Prefecture and promote sports. It also aims to enhance the value of experiences for supporters and local residents through collaboration and joint initiatives with the Saitama Broncos, thereby increasing the appeal of both clubs and supporting their sustainable growth.

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Notice Concerning the Acquisition of Shares in Urawa Red Diamonds Co., Ltd. | dip Corporation (2379) timely disclosure | Komori