Worth reading
60In 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
1
¥Wording
Conditional
How definitive the wording is.This transaction
Share transferCounterparty株式会社イーテア
Disclosing companyINTERTRADE Co.,Ltd.
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.White points represent dates designated as scheduled dates in the document.
Target company
Development and sale of computer software
Location Chuo-ku, TokyoShare capital ¥18 millionDate of incorporation 26 November 2009
Net Sales¥64.610 million (fiscal year ended September 2025)
Operating profitOperating loss of ¥45.752 million (fiscal year ended September 2025)
Net income for the current fiscal yearNet loss of ¥45.901 million (fiscal year ended September 2025)
Net assetsNet assets of negative ¥10.891 million (fiscal year ended September 2025)
Consideration and expenses
Acquisition price¥1 (transfer price)
Type of ConsiderationCash (¥1)
Impact on Business Performance
There will be no impact on consolidated results for the fiscal year ending September 2026.
Procedures and assumptions
Valuation methodologyDetermined through discussions with 株式会社イーテア, taking into comprehensive consideration the financial condition, operating results and future business outlook, among other factors.
Management structure after acquisitionTransition to a business operating structure led by 株式会社イーテア. Following the transfer, our ¥17 million loan will remain outstanding, with イーテア providing a debt guarantee. The corporate name, representative and treatment of employees are not disclosed.
| Item | Details |
|---|---|
| Transaction name | Share transfer |
| Counterparty name | 株式会社イーテア |
| Name of the Subject Company | 株式会社ビーエス・ジェイ |
| Business Description of the Subject Company | Development and sale of computer software |
| Location of the Subject Company | Chuo-ku, Tokyo |
| Capital Stock of the Subject Company | ¥18 million |
| Date of Establishment of the Subject Company | 26 November 2009 |
| Net Sales of the Subject Company | ¥64.610 million (fiscal year ended September 2025) |
| Operating Profit of the Subject Company | Operating loss of ¥45.752 million (fiscal year ended September 2025) |
| Net Income of the Subject Company | Net loss of ¥45.901 million (fiscal year ended September 2025) |
| Net Assets of the Subject Company | Net assets of negative ¥10.891 million (fiscal year ended September 2025) |
| Acquisition price | ¥1 (transfer price) |
| Type of Consideration | Cash (¥1) |
| Number of shares acquired | 516 shares (number of shares transferred; number of voting rights not disclosed) |
| Voting rights ownership percentage | Before 100.0％ → after 0.0％ |
| Impact on Business Performance | There will be no impact on consolidated results for the fiscal year ending September 2026. |
| Date of board resolution | 20 August 2026 |
| Contract Date | 10 September 2026 (予定) |
| Execution Date / Effective Date | 30 September 2026 (予定) |
| Valuation methodology | Determined through discussions with 株式会社イーテア, taking into comprehensive consideration the financial condition, operating results and future business outlook, among other factors. |
| Management structure after acquisition | Transition to a business operating structure led by 株式会社イーテア. Following the transfer, our ¥17 million loan will remain outstanding, with イーテア providing a debt guarantee. The corporate name, representative and treatment of employees are not disclosed. |
Items this document does not state (11)
Expenses other than the acquisition priceMerger 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 review our business portfolio and concentrate management resources on business areas that warrant greater focus. In addition, we determined that transitioning to a business operating structure led by 株式会社イーテア would be optimal for the continued growth of ビーエス・ジェイ's business and for maintaining and improving services to its customers.
How to read this page
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