Worth reading
88Important
Scored from 1 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.This transaction
Acquisition of shares in SmartEC Co., Ltd. (making it a subsidiary)Disclosing companyGMO Pepabo,Inc.
Date of board resolution1 July 2026
Execution Date / Effective Date1 July 2026 (completed)
Procedures and assumptions
Management structure after acquisitionThe corporate name was changed to GMO SmartEC Co., Ltd. Yamashita Kenji (山下健志) became Representative Director and President.
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares in SmartEC Co., Ltd. (making it a subsidiary) |
| Name of the Subject Company | SmartEC Co., Ltd. |
| Date of board resolution | 1 July 2026 |
| Execution Date / Effective Date | 1 July 2026 (completed) |
| Management structure after acquisition | The corporate name was changed to GMO SmartEC Co., Ltd. Yamashita Kenji (山下健志) became Representative Director and President. |
Items this document does not state (27)
Counterparty nameBusiness 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 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)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions 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 share the GMO Internet Group brand following the company becoming a consolidated subsidiary and create business synergies by capitalising on the strengths of both companies. Also, to establish a new management structure.
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.