Worth reading
52Recurring
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
1060
¥ per share (tender offer price)Wording
Conditional
How definitive the wording is.This transaction
This tender offerCounterparty株式会社Sandbox
Disclosing companyDIGITAL HEARTS HOLDINGS Co.,Ltd.
Execution Date / Effective DateSettlement commencement date: 30 September 2026 (Wednesday); effective date: Not disclosed
Contract DateNo agreement regarding tendering and non-tendering into this public tender offer has been executed with Miyazawa Eiichi (宮澤栄一) and A-1
Consideration and expenses
Type of ConsiderationCash (¥1,060 per common share)
Tender offer price¥1,060 per common share
Minimum number of shares to be purchased5,922,743 shares
Tender offer periodFrom 7 August 2026 (Friday) to 24 September 2026 (Thursday) (31 business days)
Procedures and assumptions
Management structure after acquisitionMiyazawa Eiichi (宮澤栄一) is expected to remain involved in the management of the target company after the transaction. Changes to the corporate name, representative and treatment of employees: Not disclosed
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | 株式会社Sandbox |
| Name of the Subject Company | DIGITAL HEARTS HOLDINGS Co.,Ltd. |
| Type of Consideration | Cash (¥1,060 per common share) |
| Tender offer price | ¥1,060 per common share |
| Minimum number of shares to be purchased | 5,922,743 shares |
| Tender offer period | From 7 August 2026 (Friday) to 24 September 2026 (Thursday) (31 business days) |
| Number of shares acquired | Planned number of shares to be purchased: 13,373,171 shares; number of voting rights: Not disclosed |
| Voting rights ownership percentage | Before 0% (offeror) (after not disclosed) |
| Contract Date | No agreement regarding tendering and non-tendering into this public tender offer has been executed with Miyazawa Eiichi (宮澤栄一) and A-1 |
| Execution Date / Effective Date | Settlement commencement date: 30 September 2026 (Wednesday); effective date: Not disclosed |
| Management structure after acquisition | Miyazawa Eiichi (宮澤栄一) is expected to remain involved in the management of the target company after the transaction. Changes to the corporate name, representative and treatment of employees: Not disclosed |
Items this document does not state (20)
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 ratioFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionValuation 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.The offer forms part of a series of transactions intended to acquire all shares of the target company and take it private. Miyazawa Eiichi (宮澤栄一) is also expected to remain involved in the management of the target company after the transaction.
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.