Komori
M&A and Subsidiary Changes3696CERES INC.Information and Communications, Services and Others

Notice Regarding a Change in a Specified Subsidiary

Ceres will establish an investment fund with 株式会社アポロ・キャピタル as its general partner, bringing the total capital commitment after the additional investment to ¥1,000 million. As a result, the fund is expected to become both a consolidated subsidiary and a specified subsidiary of Ceres.

Worth reading
36Immaterial
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
1000
¥ million
Wording
Conditional
How definitive the wording is.

This transaction

Establishment of the fund and additional investment in the fund by the company
Counterparty株式会社アポロ・キャピタル
Disclosing companyCERES INC.
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition price¥1,000 million (total capital commitment after the additional investment)
Impact on Business Performance

The impact of this matter on consolidated results for the current fiscal year will be immaterial.

Procedures and assumptions
Management structure after acquisition株式会社アポロ・キャピタル will manage and administer the fund as its sole general partner. The representative is Toki Satoshi (都木 聡), Representative Director and President. Treatment of employees: Not disclosed.
This transaction
ItemDetails
Transaction nameEstablishment of the fund and additional investment in the fund by the company
Counterparty name株式会社アポロ・キャピタル
Acquisition price¥1,000 million (total capital commitment after the additional investment)
Impact on Business PerformanceThe impact of this matter on consolidated results for the current fiscal year will be immaterial.
Date of board resolution30 June 2026
Execution Date / Effective DateEstablishment date: 27 April 2026. Date of execution of the additional investment: Not disclosed
Management structure after acquisition株式会社アポロ・キャピタル will manage and administer the fund as its sole general partner. The representative is Toki Satoshi (都木 聡), Representative Director and President. Treatment of employees: Not disclosed.
Items this document does not state (25)
Name of the Subject CompanyBusiness 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 acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract 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 expand its investment and development business by advancing technology in the internet marketing and blockchain fields, creating new businesses, and promoting their implementation in society. In addition, the company aims to generate high returns through investments in listed companies in the internet content sector and grow its investment and development business.

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 Change in a Specified Subsidiary | CERES INC. (3696) timely disclosure | Komori