Komori
M&A and Subsidiary Changes3679ZIGExN Co.,Ltd.Information and Communications, Services and Others

Notice Regarding a Company Split (Simplified Absorption-Type Company Split) by a Consolidated Subsidiary

The Company will acquire the Leads Business (insurance consultation services) and Event Business operated by its consolidated subsidiary 保険マンモス株式会社 through a company split and directly integrate them into LS Div. As consideration, the Company will deliver ¥418 million worth of its common shares to 保険マンモス株式会社.

Worth reading
56In focus
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
418
¥ million equivalent (the Company's common shares)
Wording
Conditional
How definitive the wording is.

This transaction

Name of transaction
Counterparty (target company)保険マンモス株式会社
Disclosing companyZIGExN Co.,Ltd.
Subject of this transactionVoting rights ownership percentage Before 66.6% (as of 31 March 2025, ZIGExN Co.,Ltd.'s shareholding ratio in 保険マンモス株式会社) (after not disclosed)
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Insurance consultation services (Leads), event business (events and seminars), etc.

Location Minato-ku, TokyoShare capital ¥36 millionDate of incorporation 4 August 2005
Net Sales¥660 million (actual results for the fiscal year ended March 2025, for the business divisions subject to the split)
Consideration and expenses
Acquisition price¥418 million equivalent (the Company's common shares)
Type of ConsiderationShares (the Company's common shares, ¥418 million equivalent)
Impact on Business Performance

The impact of this absorption-type company split on the Company's consolidated results will be minor.

Procedures and assumptions
Valuation methodologyDetermined through negotiations and discussions between the parties, taking into comprehensive consideration the businesses' future prospects, profitability and other factors.
Conditions Precedent to ExecutionApproval at the shareholders' meeting of 保険マンモス株式会社 for the absorption-type company split (scheduled for 28 April 2026). The Company's shareholders' meeting approval is not required because the Company meets the requirements for a simplified absorption-type company split under Article 796, paragraph 2 of the Companies Act.
Management structure after acquisitionThe Leads Business and related businesses will be directly integrated into the Company's LS Div and operated as a unified business. There will be no change to the Company's corporate name, location, representative's title or name, business activities, capital or fiscal year-end. Details regarding employee treatment have not been disclosed.
This transaction
ItemDetails
Transaction nameName of transaction
Counterparty name保険マンモス株式会社
Name of the Subject Company保険マンモス株式会社
Business Description of the Subject CompanyInsurance consultation services (Leads), event business (events and seminars), etc.
Location of the Subject CompanyMinato-ku, Tokyo
Capital Stock of the Subject Company¥36 million
Date of Establishment of the Subject Company4 August 2005
Net Sales of the Subject Company¥660 million (actual results for the fiscal year ended March 2025, for the business divisions subject to the split)
Acquisition price¥418 million equivalent (the Company's common shares)
Type of ConsiderationShares (the Company's common shares, ¥418 million equivalent)
Voting rights ownership percentageBefore 66.6% (as of 31 March 2025, ZIGExN Co.,Ltd.'s shareholding ratio in 保険マンモス株式会社) (after not disclosed)
Impact on Business PerformanceThe impact of this absorption-type company split on the Company's consolidated results will be minor.
Date of board resolution30 March 2026
Contract Date30 March 2026
Execution Date / Effective Date1 June 2026 (scheduled)
Valuation methodologyDetermined through negotiations and discussions between the parties, taking into comprehensive consideration the businesses' future prospects, profitability and other factors.
Conditions Precedent to ExecutionApproval at the shareholders' meeting of 保険マンモス株式会社 for the absorption-type company split (scheduled for 28 April 2026). The Company's shareholders' meeting approval is not required because the Company meets the requirements for a simplified absorption-type company split under Article 796, paragraph 2 of the Companies Act.
Management structure after acquisitionThe Leads Business and related businesses will be directly integrated into the Company's LS Div and operated as a unified business. There will be no change to the Company's corporate name, location, representative's title or name, business activities, capital or fiscal year-end. Details regarding employee treatment have not been disclosed.
Items this document does not state (14)
Operating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Independent valuation institutionSpecial Committee

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 plans to directly integrate 保険マンモス株式会社's businesses into its LS Div, deploy its web marketing expertise and management resources to accelerate decision-making and business growth, and reduce costs by integrating the 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.
Notice Regarding a Company Split (Simplified Absorption-Type Company Split) by a Consolidated Subsidiary | ZIGExN Co.,Ltd. (3679) timely disclosure | Komori