Worth reading
42Recurring
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
15
Less than 15% of consolidated net assetsWording
Conditional
How definitive the wording is.This transaction
Acquisition of shares and conversion into a subsidiaryCounterpartyKaneko Ryuji (金子 隆二)
Disclosing companyVoltage Incorporation
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Planning, development and sale of digital content, and planning and production of animation
Location Chiyoda-ku, TokyoShare capital ¥10 millionDate of incorporation 1 April 2002
Net Sales¥109.852 million (fiscal year ended March 2026)
Operating profitOperating loss of ¥14.805 million (fiscal year ended March 2026)
Net income for the current fiscal yearNet income of ¥50 thousand (fiscal year ended March 2026)
Net assetsNet assets of negative ¥24.503 million (fiscal year ended March 2026)
Consideration and expenses
Acquisition priceUndisclosed due to confidentiality obligations with the counterparty
Impact on Business Performance
The impact on the Company's consolidated results for the current fiscal year is expected to be minor.
Procedures and assumptions
Valuation methodologyDetermined appropriately based on the results of due diligence conducted by a third party
Management structure after acquisitionオペラハウス is expected to become a consolidated subsidiary from the fiscal year ending June 2027 (the next fiscal year). The trade name, representative and treatment of employees are undisclosed.
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares and conversion into a subsidiary |
| Counterparty name | Kaneko Ryuji (金子 隆二) |
| Name of the Subject Company | 株式会社オペラハウス |
| Business Description of the Subject Company | Planning, development and sale of digital content, and planning and production of animation |
| Location of the Subject Company | Chiyoda-ku, Tokyo |
| Capital Stock of the Subject Company | ¥10 million |
| Date of Establishment of the Subject Company | 1 April 2002 |
| Net Sales of the Subject Company | ¥109.852 million (fiscal year ended March 2026) |
| Operating Profit of the Subject Company | Operating loss of ¥14.805 million (fiscal year ended March 2026) |
| Net Income of the Subject Company | Net income of ¥50 thousand (fiscal year ended March 2026) |
| Net Assets of the Subject Company | Net assets of negative ¥24.503 million (fiscal year ended March 2026) |
| Acquisition price | Undisclosed due to confidentiality obligations with the counterparty |
| Number of shares acquired | 200 shares (number of voting rights: 200) |
| Voting rights ownership percentage | Before 0％ → after 100％ |
| Impact on Business Performance | The impact on the Company's consolidated results for the current fiscal year is expected to be minor. |
| Date of board resolution | 11 June 2026 |
| Contract Date | 11 June 2026 |
| Execution Date / Effective Date | 1 July 2026 (share transfer execution date) |
| Valuation methodology | Determined appropriately based on the results of due diligence conducted by a third party |
| Management structure after acquisition | オペラハウス is expected to become a consolidated subsidiary from the fiscal year ending June 2027 (the next fiscal year). The trade name, representative and treatment of employees are undisclosed. |
Items this document does not state (12)
Expenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Independent 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 strengthen the consumer business, a new business area for the Company. Voltage Incorporation expects synergies from incorporating オペラハウス's game development capabilities, proprietary assets such as its novel game engine, and expertise in illustration and animation production, including strengthening its consumer game development structure, expanding sales in Asia, collaborating with leading external IP holders, and developing its publishing business in Japan and overseas.
How to read this page
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