Komori
M&A and Subsidiary Changes3810CyberStep Holdings,Inc.Information and Communications, Services and Others

(Update on Previously Disclosed Matter) Notice of Completion of Settlement Related to the Mutual Termination of the Share Transfer Agreement with 株式会社3rd

Following the mutual termination of the share acquisition agreement with 株式会社3rd, the settlement has been completed, including the full refund of the ¥1,250 million acquisition price already paid and the return of all shares held to the seller.

Worth reading
29Immaterial
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
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Mutual termination of the share transfer agreement
CounterpartyIgarashi Atsushi (五十嵐篤志)
Disclosing companyCyberStep Holdings,Inc.
株式会社3rdSubject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition price¥1,250 million (fully refunded)
Type of ConsiderationCash (acquisition price of ¥1,250 million; fully refunded)
Impact on Business Performance

The impact of the mutual termination on the company's consolidated results is currently under review. The company will promptly disclose any matters requiring disclosure if they arise. There will be no additional cash outflow.

This transaction
ItemDetails
Transaction nameMutual termination of the share transfer agreement
Counterparty nameIgarashi Atsushi (五十嵐篤志)
Name of the Subject Company株式会社3rd
Acquisition price¥1,250 million (fully refunded)
Type of ConsiderationCash (acquisition price of ¥1,250 million; fully refunded)
Impact on Business PerformanceThe impact of the mutual termination on the company's consolidated results is currently under review. The company will promptly disclose any matters requiring disclosure if they arise. There will be no additional cash outflow.
Contract Date14 July 2026 (agreement relating to the mutual termination); 27 July 2026 (settlement agreement)
Execution Date / Effective Date27 July 2026 (the date on which the refund of the share transfer consideration and the return of the target company's shares to the seller were completed)
Items this document does not state (24)
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 acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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 states that it entered into a settlement agreement because the settlement procedures under the mutual termination agreement have been completed. It will disclose the circumstances leading to the mutual termination and other details at a later date, and this document does not provide specific reasons for the termination.

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.
(Update on Previously Disclosed Matter) Notice of Completion of Settlement Related to the Mutual Termination of the Share Transfer Agreement with 株式会社3rd | CyberStep Holdings,Inc. (3810) timely disclosure | Komori