Worth reading
42Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
1250
¥ millionWording
Conditional
How definitive the wording is.This transaction
This agreed terminationCounterpartyIgarashi Atsushi (五十嵐 篤志)
Disclosing companyCyberStep Holdings,Inc.
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.
Consideration and expenses
Acquisition price¥1,250 million
Type of ConsiderationMixed (all shares in the target company will be returned to the seller, and the full amount of the acquisition price already paid, ¥1,250 million, will be refunded)
Impact on Business Performance
Currently under review. We will promptly announce any matters requiring disclosure. The agreed termination will not result in any additional cash outlay by us.
Procedures and assumptions
Management structure after acquisitionAll shares in the target company will be returned to the seller, and the target company will be excluded from the scope of consolidation. The company name, representative and treatment of employees: not disclosed
| Item | Details |
|---|---|
| Transaction name | This agreed termination |
| Counterparty name | Igarashi Atsushi (五十嵐 篤志) |
| Name of the Subject Company | 株式会社３rd |
| Acquisition price | ¥1,250 million |
| Type of Consideration | Mixed (all shares in the target company will be returned to the seller, and the full amount of the acquisition price already paid, ¥1,250 million, will be refunded) |
| Voting rights ownership percentage | Before 100％ → after 0％ |
| Impact on Business Performance | Currently under review. We will promptly announce any matters requiring disclosure. The agreed termination will not result in any additional cash outlay by us. |
| Date of board resolution | 14 July 2026 |
| Contract Date | Share transfer agreement: 20 October 2025 / agreement relating to the agreed termination: 14 July 2026 |
| Management structure after acquisition | All shares in the target company will be returned to the seller, and the target company will be excluded from the scope of consolidation. The company name, representative and treatment of employees: not disclosed |
Items this document does not state (22)
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 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)Execution Date / Effective 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.After reviewing the business environment following the acquisition of the target company's shares, we determined that the assumptions underlying the AI-related business anticipated in the original business plan needed to be significantly revised, due in part to the rapid proliferation of AI technologies.
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.