Worth reading
17Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
9.18
Maximum percentage of potential voting rights relative to the total voting rights of the target company (%)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Purchase of convertible bonds with stock acquisition rightsCounterpartyJ-Link Limited
Disclosing companyKOBE BUSSAN CO.,LTD.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceAs of the present time, whether the acquisition will take place, as well as the number of these CBs to be acquired and the acquisition amount, has not been determined.
| Item | Details |
|---|---|
| Transaction name | Purchase of convertible bonds with stock acquisition rights |
| Counterparty name | J-Link Limited |
| Name of the Subject Company | KOBE BUSSAN CO.,LTD. |
| Acquisition price | As of the present time, whether the acquisition will take place, as well as the number of these CBs to be acquired and the acquisition amount, has not been determined. |
| Voting rights ownership percentage | After Maximum 9.18% (before not disclosed) |
| Date of board resolution | 29 September 2026 (date on which J-Link Limited decided to purchase these CBs) |
| Execution Date / Effective Date | These CBs are scheduled to be issued on 15 October 2026. The date on which J-Link Limited will execute the acquisition has not been determined. |
Items this document does not state (25)
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 CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract 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.J-Link Limited's primary objectives are to provide credit investors with an investment opportunity in the credit component of these CBs and to provide investors purchasing these CBs with an investment opportunity in the form of warrants. It also explained that it will not exercise the stock acquisition rights to acquire KOBE BUSSAN CO.,LTD.'s common shares or exercise voting rights.
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.